This board is dedicated to our little contest on best picks of listed stock for a $100 fictive portfolio.
Our first deadline was Feb 28, 2006 with the cut-off for entries 6am NY time on 11/14/2005.
To see the results of our first competition (from November 30th, 2005 to February 28th, 2006) have a look at this post:
Message 22214984
The results of our second competition (from March 1st to June 30th, 2006) are available here:
Message 22590223
And here the results of our third round competition (from July 3rd through November 17th), as usual with a new winner:
Message 23025242
This round kick off was on Monday November 27. While entries were due by 7am EST same date you can still
join the game against a small penalty, see rule 6- below.
Any newcomers capable of teaching us vets a few things are welcome to join this new race for eternal fame.
The contest runs through March 30.
Portfolio Rules:
1- This time the game goes from Nov 27, 2006 (Monday) through March 30, 2007 (Friday), approx. four months. Your initial picks must be in before 7am EST Nov 27 (Monday) and will be valued at their Nov 27 closing price. The game is off and running from market close on Nov 27.
2- You start with $100, and get to buy stocks on Nov 27 and also the last Friday of each month, see rule 5- below. You pay 1% commission on sells, buys are free. You can sell a stock any day as long as your order is in same day before market closes. You then get the closing price of same day.
3- Stocks have to be US listed and trade on either Nasdaq or NYSE, no BBs, OBs, or PKs!
In clear language, absolutely no billboard or pinko sheets please.
4- You only get to invest long in equities (no shorts, no options), but you can sit in cash if you want to.
5- Max 50% of the total portfolio (incl. any cash position) at most in any single stock initially and upon buying at trading dates which are last Fridays end of each month.
Your buy orders must be in no later than same Friday's market close.
6- You can also join in the middle of a game, but your starting capital will be equal to the same day closing value of the person in last place minus $1. Post your picks during a trading day, and you buy your stock picks on their closing prices that day.
7- Any "slimy maneuvering" (SM) will be punished by deduction of 2$ from the individual's portfolio. After 3 days of educational leave in Las Vegas Elroy has become our ultimate SM expert and decides unless otherwise outvoted by the investment team. |
