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July's Challenge Discussion


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Grimreaper
PostPosted: Wed Jul 05, 2006 2:24 am Post subject: Reply with quote

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Dave Rathbun wrote:
If you pick a stock below $5 then you start off the race a couple of laps behind. Smile It's not that you won't show up, it's that you will show up with a negative return based on how far below $5 you are.

That's the way I read the rules anyway. What does it matter to me, I'm not even in the competition this month, sub-$5 or otherwise. Razz


Actually, the rules state that your pick MUST be trading fo no less than $5 or it doesn't qualify. ISPH is trading below $5. According to da rules it doesn't qualify. If it doesn't qualify....how can it be ranked? Confused I told ya da rules were screwey! Laughing
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yogi-in-oz
PostPosted: Wed Jul 05, 2006 4:11 am Post subject: Reply with quote

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Smile

Hi folks,

..... would you please put aside your jousting and
help us out with some infromation here ... ???

What industry is MWY in ..... ???

Many thanks

happy days

yogi

Smile
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Grimreaper
PostPosted: Wed Jul 05, 2006 4:34 am Post subject: Reply with quote

CFO
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Joined: 11 Jun 2005

Posts: 5922
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103,645,000.00%
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yogi-in-oz wrote:
Smile

Hi folks,

..... would you please put aside your jousting and
help us out with some infromation here ... ???

What industry is MWY in ..... ???

Many thanks

happy days

yogi



Smile


It be a video game maker. Very Happy
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BallJacker
PostPosted: Wed Jul 05, 2006 7:49 am Post subject: Reply with quote

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I should of played BDCO if we were allowed to play sub $5 stocks. It' just cleared $5 today.
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Grimreaper
PostPosted: Wed Jul 05, 2006 8:06 am Post subject: Reply with quote

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BallJacker wrote:
I should of played BDCO if we were allowed to play sub $5 stocks. It' just cleared $5 today.


Keep yer eye on my first choice IPXL now dat it done did what I said it had ta done do when it closed at 6.25 at the end o'June. I wasn't allowed to play it cause it gots a .PK in it. Rolling Eyes
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esquire415
PostPosted: Wed Jul 05, 2006 8:18 am Post subject: Reply with quote

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Grimreaper, why do you talk/write like Li'l Abner?

Try this it's easier to read:

I cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid, aoccdrnig to a rscheearch at Cmabrigde Uinervtisy.
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Grimreaper
PostPosted: Wed Jul 05, 2006 8:26 am Post subject: Reply with quote

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Posts: 5922
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esquire415 wrote:
Grimreaper, why do you talk/write like Li'l Abner?

Try this it's easier to read:

I cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid, aoccdrnig to a rscheearch at Cmabrigde Uinervtisy.


I gots a mind like a 10 year old...dats why. Yeah, I heard ya. Unnerstanded ya too! Waht do yuo wnat, a medla or a cehts to pni it on? Very Happy
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vetelmo
PostPosted: Wed Jul 05, 2006 10:10 am Post subject: Reply with quote

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Well by the looks of this thread and a couple PM's I got, there is only one person in this village that really has a problem with the way the contest is being run. With that being said, I won't be changing the rule, but will be making a clarification of it. Cool

Part on! Laughing
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Grimreaper
PostPosted: Wed Jul 05, 2006 10:41 am Post subject: Reply with quote

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vetelmo wrote:
Well by the looks of this thread and a couple PM's I got, there is only one person in this village that really has a problem with the way the contest is being run. With that being said, I won't be changing the rule, but will be making a clarification of it. Cool

Part on! Laughing


Yeah...it's a shame Balljacker didn't play the stock he wanted to cause he didn't unnerstand da stoopidly thought out (and even more thoroughly butchered upon explaination) rules. Looks like he wanted ta play BDCO based on his post taday...but he didn't cause ya confused da crap out of him! Oooooh well, take da rest o'da munth ta figure out what you are doin and maybe do a test post befo hand.....that way we can try n figure out just what to heck you are tawkin bout and there woan be problums next munth. Wink Laughing Maybe ya outta just take a stroll ova yonder to da little dawg track. They gots da best "game inside da game" at this site goin on ova theya! I think you will find that things run alot more smoothly when you have rules that are simple to understand....although I doan expect ya ta make this heeeya game as challenging fo da natives as dat'n. Wink If ya want I kin set you up fo a consultation mit da show runner ova yonder at da little dawg track. You seem a tad overwhelmed by the task at hand ova heeeya so it may be helpful to get some advice from a professional....just lemme know. Wink Very Happy
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BallJacker
PostPosted: Wed Jul 05, 2006 10:52 am Post subject: Reply with quote

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I would of had a 15.8% gain today had I entered BDCO. I read a $5 minimum entry as "No lower than $5". Anyhow, I would have played BDCO short, taken the 25% gain and walked away. Over a month it may revert back to where I started.
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Grimreaper
PostPosted: Wed Jul 05, 2006 11:05 am Post subject: Reply with quote

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Posts: 5922
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BallJacker wrote:
I would of had a 15.8% gain today had I entered BDCO. I read a $5 minimum entry as "No lower than $5". Anyhow, I would have played BDCO short, taken the 25% gain and walked away. Over a month it may revert back to where I started.


Hey man, whatever made you think that a rule that states "your pick must be trading above $5" meant you couldn't enter a pick that was trading below $5? Laughing Next I bet you are going to tell me that da part that says "if your stock falls below $5 you will show a negative return until it trades above $5" means that the rule even applies to stocks that never traded above $5 right?!! Laughing Go ahead....tell me that you don't understand how a stock that never traded above $5 can fall below $5.....jeeeesh! Rolling Eyes Very Happy
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vetelmo
PostPosted: Wed Jul 05, 2006 11:27 am Post subject: Reply with quote

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Grim, get over it already! Laughing

The was a small flaw in the rules, you pointed out and there will be better clarification in the rules after this months competition.

Relax go outside and get some air! Laughing
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Grimreaper
PostPosted: Wed Jul 05, 2006 11:44 am Post subject: Reply with quote

CFO
CFO

Joined: 11 Jun 2005

Posts: 5922
This Month: 55

2740709.34 e$

Net worth: 7,991,749.34
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103,645,000.00%
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Churn Rate: 0.00%

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vetelmo wrote:
Grim, get over it already! Laughing

The was a small flaw in the rules, you pointed out and there will be better clarification in the rules after this months competition.

Relax and ask mommy for some more allowance or something, lol! Laughing


I can't git mo allowance cause I robbed da change jar n got caught. Embarassed I doan know why you jist doan do what I been tellin ya all along which is to jist let yer 1 month old son handle things. You are gonna risk confusing fokes even mo if you handle da "clarification" Shocked Does ya need any clarification bout what ya's sposed ta be clarifyin? Or are ya jist plain confused? Laughing
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BallJacker
PostPosted: Wed Jul 05, 2006 11:53 am Post subject: Reply with quote

Investing Manager
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Joined: 02 Nov 2005

Posts: 504
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Grimreaper wrote:
BallJacker wrote:
I would of had a 15.8% gain today had I entered BDCO. I read a $5 minimum entry as "No lower than $5". Anyhow, I would have played BDCO short, taken the 25% gain and walked away. Over a month it may revert back to where I started.


Hey man, whatever made you think that a rule that states "your pick must be trading above $5" meant you couldn't enter a pick that was trading below $5? Laughing Next I bet you are going to tell me that da part that says "if your stock falls below $5 you will show a negative return until it trades above $5" means that the rule even applies to stocks that never traded above $5 right?!! Laughing Go ahead....tell me that you don't understand how a stock that never traded above $5 can fall below $5.....jeeeesh! Rolling Eyes Very Happy


I agree a stock can lose, like if I got a $10 stock and it went to $4 at the end of the month. So be it. We did not select entry prices, like in the Weekly Challenge. I'm not the one arguing about a stock being trade below $5. You just can enter a stock that is below $5 at the start of the game. Though it has been allowed, for your's and Hendrik's case. But if both of you feel your stock will double by July 31st, then more power to you. We all understand the that if the stock we picked when negative at the end of the month, it's a negative, so why start with a handicap? If that were the case, then any stock would apply. I guess to prevent any penny stocks to be entered, a $5 min should apply. $5 is the floor and you can't start from below the floor. That's how it should have read. So a $4.99 stock is disallowed. Maybe the rules should be more clear.

Why don't you start another game called? July's Under $5, but above $2, Stock ChallengeWink
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t-bag
PostPosted: Wed Jul 05, 2006 12:11 pm Post subject: Reply with quote

Investing Sr. Associate
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Joined: 14 Oct 2005

Posts: 150
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Location: Everywhere in South Florida
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Churn Rate: 0.00%

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So many challenges and games out there I feel dizzy.

When is Grim vs. Vetelmo III? I bet Pay-Per View would pick it up this time, maybe if they do it will clean up some of the threads.
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