Stock Market Competition 2010

Anyone can participate, some of the rules include-

The stock in question must be at least listed on the OTCBB and have a reasonable spread at the time of purchase, and purchases are made at the OFFER, (so if you pick a stock that has a 30 cent spread you pay the offer, not the bid etc).

You can make a round trip trade once during the year and take a position in a second stock after the sale. You also can sell the second stock at any time and be finished with the competition.

The competition will close upon the closing on the 8th of January.

You also can sell the second stock at any time and be finished with the competition.

I take it that you wouldn't be "finished" as in out of the competition but just locking in your price for the year?

Exactly...

is this to see who makes more money? i'll put something in tomorrow.

Yeah check the thread from last year..its who can do the best by the end of the year with a stock or stock trades.

Also add that you can SHORT stocks in this competition.

I'll go with PALWF.  We'll take Mondays low as my entry point.

Bunge

(BG)

Long GE @ 15.13 

Long GNVC AT 1.22

waiting to see what the first few days of the market look like. the CNBC talking heads were saying to expect some locking in of profits by the institutions.

I'll take FAZ at it's lowest on Monday Jan 4th.

I think I am going to take a gamble and go with CRDC at 1.20 (which is close to where I actually own it at)

I was gonna go with DPTR but it's already up 27% today.

My pick will be Hydrogenics (HYGS) @ $0.38.

PALWF.pk   .775

This will be at 4 by next month

That is quite a heavy call.

Palladium,

I am going to have to call you on that .775, I show 1.02 as the only trade today..and having warrants which trade on the pinks is not within the boundaries of the contest anyway.

So you either gotta go with a non pinks stock, or take the current trade on those illiquid warrants, or you can wait it out and take an actual TRADE at some point in the week.

The whole issue about non pinks and inside the spread is made with this example. The last sale was .775, but we dont know what the bid/ask is and the trades on these are a few hundred or thousands at best.

WSC,

We'll call it 1.02 I wasn't trying to cheat that's just the last price and since I've been posting about these warrants since .50 thought you'd give me the benefit of the doubt.  As I said this will be at 4 shortly so 1.02 is good

rmtr @ 1.77 start  of year

ATPG @ 19.39

Damn, I meant to post this before mkt opened this morning but oh well.  Think it still has a lot of room to grow.

So the OTCBBM is permitted....

BCTE @ 0.18

Can I have the open or do I have to take the ask (2:42 est)?

 

Looks like a low volume stock, you can take .15 if you like, thats within the trade of the day and it printed..so thats reasonable.

Hey I think you WON last year, I will confirm and if so you can PM me to talk about the monster prize.

CYCC 1.05

EGMI 1.27