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| Benjamin |
 Posted: Fri Dec 09, 2005 4:30 pm Post subject: Contest ideas? |
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Administrator
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Whats something we can do over the weekend for a prize?
I think I need to give away more e$ because those Ribbons are kinda expensive. 
We could give away a new vett!
Worth 21,000 e$
Any ideas? Something investing related! |
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| Tdikeman |
| Posted: Fri Dec 09, 2005 7:12 pm Post subject: |
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Investing Associate
Joined: 09 Dec 2005
Posts: 25
This Month: 0
Location: ky
13303.20 e$
Net worth: 17,615.36
Portfolio Value: 4,312.16
Monthly Return: -3.03%
Trades this month: 0
Churn Rate: 0.00%Items
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| i want the vet how do i win? |
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| poornewb |
| Posted: Wed Dec 14, 2005 5:30 pm Post subject: |
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Investing Manager
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Hey how about a stock that cramer picks. We guess who will have the biggest gain in say a week.
So we could say on friday get the list of the stocks he picked "THAT DAY" Lightning round included, then put your guess in over the weekend and then the next weekend we see who the winner is?
Just a thought.
Oh yeah we could add biggest looser, he always has one that just tanks! |
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| CramersPicks |
| Posted: Thu Dec 15, 2005 8:21 am Post subject: |
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Investing Associate
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That is not a bad idea ...
Then we can blame Cramer if we lose and praise ourselfs when we win .. |
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| poornewb |
| Posted: Thu Dec 15, 2005 8:28 am Post subject: |
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Investing Manager
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| Wouldnt have it any other way! I just though that was a good idea since we all seem to be familiar with his show. |
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| Benjamin |
| Posted: Thu Dec 15, 2005 8:41 am Post subject: |
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Administrator
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I like this one. So in the Cramer Recap thread for Friday everyone can pick a stock that they feel will do the best the following week.
Once that thread is created I'll post more info there.
Thanks for the idea poornewb! |
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| CramersPicks |
| Posted: Thu Dec 15, 2005 9:32 am Post subject: |
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Investing Associate
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| I should get credit for a 2nd on the motion that was on the floor right ...lol |
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| Dave Rathbun |
| Posted: Thu Dec 15, 2005 9:40 am Post subject: |
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CFO
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I personally would like to see longer contests that encourange "investing" rather than "trading". I realize that would delay the gratification, but for those of us that are not active traders it would be a more realistic representation of what we're striving to do. For example, I don't often make trades that are in-out within the space of 30 days, much less a specific calendar month (or week). Finding a stock that may "pop" a few percentage points in a week is great. Finding a stock that returns 15-25% over the course of a year in a nice steady gain can be just as interesting.  |
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| Gweetz69 |
| Posted: Thu Dec 15, 2005 9:56 am Post subject: |
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Investing Sr. Associate
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| Dave Rathbun wrote: | | I personally would like to see longer contests that encourange "investing" rather than "trading". I realize that would delay the gratification, but for those of us that are not active traders it would be a more realistic representation of what we're striving to do. For example, I don't often make trades that are in-out within the space of 30 days, much less a specific calendar month (or week). Finding a stock that may "pop" a few percentage points in a week is great. Finding a stock that returns 15-25% over the course of a year in a nice steady gain can be just as interesting. |
Seems like a good idea you have, it will definitely help practice for long-term investing, but it doesnt sound like much fun...a YEAR.? hmm  |
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| poornewb |
| Posted: Thu Dec 15, 2005 10:04 am Post subject: |
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Investing Manager
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| Sure we could just make the contest for the year be like what 1mil edollars? |
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| Dave Rathbun |
| Posted: Thu Dec 15, 2005 11:03 am Post subject: |
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CFO
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Investing should be boring. If you go to sleep every night worried about what the market is going to do tomorrow, then you're a different kind of investor than me.  |
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| Benjamin |
| Posted: Thu Dec 15, 2005 11:10 am Post subject: |
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Administrator
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We could have a Long-term contest.
But I'm not sure how new users can get involved.
Minimum stock value would be like $20.
Maybe go for 4 months.
Best gain wins.
Any other ideas for this one? |
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| Dave Rathbun |
| Posted: Thu Dec 15, 2005 11:15 am Post subject: |
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CFO
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| Benjamin wrote: | We could have a Long-term contest.
But I'm not sure how new users can get involved. |
Umm, yeah. That's an aspect I had not considered. And frankly I didn't expect my suggestion to be considered anyway.
| Quote: | Minimum stock value would be like $20.
Maybe go for 4 months.
Best gain wins. |
Maybe we could allow "short" positions in a contest? In other words, the person with the best "net gain" wins. So if one person picks stock A at $10 and it goes to $15 they made 50%. If the next person picks stock B to go short, and it drops from $10 to $4 then they made 60% on their pick, even if it went in the opposite direction. |
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| frusnak |
| Posted: Thu Dec 15, 2005 11:23 am Post subject: |
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CFO
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 So if a new member wants in they would have to wait four months to get in on it? Grimreaper has a great weekly contest but it's kinda hard to figure out for some  |
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| Benjamin |
| Posted: Thu Dec 15, 2005 11:24 am Post subject: |
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Administrator
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| Dave Rathbun wrote: |
Umm, yeah. That's an aspect I had not considered. And frankly I didn't expect my suggestion to be considered anyway.
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I consider every suggestion. Actually, don't we usually implement about 90% of suggestions? heh
| Dave Rathbun wrote: |
Maybe we could allow "short" positions in a contest? In other words, the person with the best "net gain" wins. So if one person picks stock A at $10 and it goes to $15 they made 50%. If the next person picks stock B to go short, and it drops from $10 to $4 then they made 60% on their pick, even if it went in the opposite direction. |
This is a good idea. We can get our short fans involved.
I could start a new long term contest every month, but that would get really confusing and be a lot of work.
We can go for it. If your not in just wait 6 months for the next one. 
Lets aim to start a long term contest for the 1st of the year.
Well, since it is the 1st....we could do a 1.2 Million e$ Long Term Stock Pick contest. You can join in the next month, but only qualify for 1.1 and then 1.0 the next month and so on. How does something like this sound? |
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