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| Grimreaper |
 Posted: Wed Feb 07, 2007 2:39 am Post subject: CNBC Million $$$ Challenge |
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CFO
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I quickly read over the rules and it looks like the stock must have a mawket cap of at least $500 mil to qualify. I also see you get that day's closing price for any trades placed during regular market hours. I like the extra chances ya get to win $10K....I think that can be accomplished. I think you will have to get reeeeal lucky to win da BIG prize however. I won't register fo the game, but I gar-own-tee I will win at least $10K  Ifn eI wants to register in order to get exposure....or ifn sumbody who is available during mawket hours wants to register and use my picks  just PM me fo details on how we'll split da winnins!  |
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| MrT |
| Posted: Wed Feb 07, 2007 4:31 am Post subject: |
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Investing Sr. Associate
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It's interesting, but it looks to me like it'll just come down to whoever is lucky enough to pick the one great stock for anygiven week vs someone who figures out how to exploit the simulator to maximize gains. Because each week you can win 10K by having the highest % gain, I think the best strategy would be to pick one stock and dump all your money into it that you think will take off. I don't think continually trading stocks will help you unless there is no delay on the trade, then you may be able to exploit that.
I think some people here would be excellent at finding some way to 'exploit' or otherwise take advantage of whatever simulation they come up with.
My strategy will be to pick one good stock as close to that $500M lower limit and hope that it has a great day. I'll post whatever I do here, if anyone is interested, so we can avoid duplicating the same strategy and increase the chance that someone from Einvesting wins.  |
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| vetelmo |
| Posted: Wed Feb 07, 2007 4:46 am Post subject: |
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Moderator
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| Their rules actually say they will only allow trading likre in real life, but they still let you buy one stock with all your money at once. Thats how the asian dude won last year, betting on BIDU or something like that. |
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| Dave Rathbun |
| Posted: Wed Feb 07, 2007 5:12 am Post subject: |
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CFO
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| Anybody got a link so I can be lazy and not go look for it? |
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| vetelmo |
| Posted: Wed Feb 07, 2007 5:28 am Post subject: |
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| Grimreaper |
| Posted: Wed Feb 07, 2007 5:29 am Post subject: |
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CFO
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| MrT wrote: | It's interesting, but it looks to me like it'll just come down to whoever is lucky enough to pick the one great stock for anygiven week vs someone who figures out how to exploit the simulator to maximize gains. Because each week you can win 10K by having the highest % gain, I think the best strategy would be to pick one stock and dump all your money into it that you think will take off. I don't think continually trading stocks will help you unless there is no delay on the trade, then you may be able to exploit that.
I think some people here would be excellent at finding some way to 'exploit' or otherwise take advantage of whatever simulation they come up with.
My strategy will be to pick one good stock as close to that $500M lower limit and hope that it has a great day. I'll post whatever I do here, if anyone is interested, so we can avoid duplicating the same strategy and increase the chance that someone from Einvesting wins. |
Thaas right. Yer gonna hasta pick 1 or 2 stocks at a time and put all yer $$$ into it. The good thing is dat they will let your port werk for itself for the first 10 weeks. so ifn you can pick a couple of plays that are hitting long term DA BOTTOMS you can enjoy da frenzy run off da low....take a profit to use da cash....and let da rest run. I know I kin do dat better than NE1 on da planet....specially into a falling mawket which will be the case over the next few munths. Here's one ov my plays under consideration but I can't tell ya where to buy. It also happens to be a Cramer fav-o-wrong consistantly dawg play VG  |
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| Dave Rathbun |
| Posted: Wed Feb 07, 2007 10:58 am Post subject: |
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CFO
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That was helpful. 
I meant a link to the competition. No matter, don't have the time at this point anyway. Just was curious to read how they're set up. |
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| gnd0221186 |
| Posted: Wed Feb 07, 2007 10:59 am Post subject: |
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Investing Associate
Joined: 23 Jan 2007
Posts: 47
This Month: 0
198.44 e$
Net worth: 248,512.44
Portfolio Value: 248,314.00
Monthly Return: 7.56%
Trades this month: 0
Churn Rate: 0.00%Items
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| sounds enticing. i'm gonna try and look for it and i will post a link if i find it. |
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| gnd0221186 |
| Posted: Wed Feb 07, 2007 11:07 am Post subject: |
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Investing Associate
Joined: 23 Jan 2007
Posts: 47
This Month: 0
198.44 e$
Net worth: 248,512.44
Portfolio Value: 248,314.00
Monthly Return: 7.56%
Trades this month: 0
Churn Rate: 0.00%Items
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| MrT |
| Posted: Wed Feb 07, 2007 11:09 am Post subject: |
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Investing Sr. Associate
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| vetelmo |
| Posted: Wed Feb 07, 2007 11:12 am Post subject: |
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| Dave Rathbun wrote: |
That was helpful.
I meant a link to the competition. No matter, don't have the time at this point anyway. Just was curious to read how they're set up. |
lol |
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| snapplekid13 |
| Posted: Wed Feb 07, 2007 5:05 pm Post subject: |
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Investing Manager
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IM signing up
HMM got a month to figure out what stocks to choose |
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| frac0019 |
| Posted: Thu Feb 08, 2007 5:45 pm Post subject: |
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Investing Sr. Associate
Joined: 25 Aug 2006
Posts: 125
This Month: 0
Location: Jacksonville, FL
27339.00 e$
Net worth: 28,781.00
Portfolio Value: 1,442.00
Monthly Return: 0.49%
Trades this month: 0
Churn Rate: 0.00%Items
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| i've already signed up... |
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| jutiki |
| Posted: Fri Mar 30, 2007 9:14 pm Post subject: |
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Investing Sr. Associate
Joined: 06 Aug 2006
Posts: 50
This Month: 1
71970.24 e$
Net worth: 71,970.24
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
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| Ok Reaper, PM me your picks (1 or 2) for next week. Tell me when I should buy them and let's see how it does. I picked AAPL and SIMO this week and it went -4% |
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| Grimreaper |
| Posted: Sat Mar 31, 2007 3:26 am Post subject: |
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CFO
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| jutiki wrote: | | Ok Reaper, PM me your picks (1 or 2) for next week. Tell me when I should buy them and let's see how it does. I picked AAPL and SIMO this week and it went -4% |
Somebudy already took me up on my offer to use my picks, although not necessarily sumbody from this heeeya fine establishmunt. So fer we made 1 play and put 700K into VG the day it closed at $3..we got out at 3.38 the next day. Da port is ranked in the top 12%. We are completely in cash right cheeeya right now. Sorry I can't give ya no advice on individual plays, although I might post some o'my plays afta I already be in. |
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