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2016 Investment Contest !!!! FINAL standings posted!

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Comments

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,283 ✭✭✭✭✭
    I should have bought rounds instead of squares
  • guitarwesguitarwes Posts: 9,266 ✭✭✭
    This years it's easy to check my place on the list, I just look at the bottom. It was kind of aggravating trying to find my name in the middle of the list last year..........
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    This years it's easy to check my place on the list, I just look at the bottom.



    Don't you mean "almost" at the bottom?image
  • BochimanBochiman Posts: 25,377 ✭✭✭✭✭
    I feel like I am in a Johnny Cash song....and it ain't the boy named sue.....



    More like "down down down, in a burning ring of fire...."

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,283 ✭✭✭✭✭
    image
    Happy April Fools Day


  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    It's been a wild first quarter, huge sector rotation, metals did very well, the biotechs which grew in early 2015 peaked spectacularly last summer corrected in the fall, and sold off hard in winter, finding some strength today, spring is here again..

    Liberty: Parent of Science & Industry

  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    image
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    I'll sort it now...



    image
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    Is column 1 (rank) correct?

    My Adolph A. Weinman signature :)

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Originally posted by: Overdate
    Is column 1 (rank) correct?


    Obviously NOT
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    image
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    oh ho! +1! Look out boys, he's starting making his move image

    Liberty: Parent of Science & Industry

  • bluelobsterbluelobster Posts: 1,220 ✭✭✭
    Whoa Nelly, I'm back to where I was at week one. Of course, week one wasn't all that great. ;~

    I've really had to grind in my real portfolio, many trades buying and selling around my small bio positions. Don't really like trading that much, but the market kinda forced my hand.
    Now I've got more shares in many of those names now, maybe a mistake? Time will tell
  • 66Tbird66Tbird Posts: 2,858 ✭✭✭
    Ahh man??? Life got busy and I missed this year by a few months. Felt good to be one of the few in the black last year.
    Need something designed and 3D printed?
  • jmski52jmski52 Posts: 22,814 ✭✭✭✭✭
    Nice pic, Baley. The market? As usual the market seems to have a mind of it's own, although it hasn't been too bad for precious metal accumulation lately.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Originally posted by: Baley
    oh ho! +1! Look out boys, he's starting making his move image


    PWS: Post Winner Syndrome.
    image
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    pragmaticgoat gained $10K since the last update two weeks ago.



    The other 38 participants gained a TOTAL of $18K in the same period. image



    Today 04/15/16

    Rank Prev Rank Rank Chg Total YTD % Chg

    1 1 0 pragmaticgoat 32,330 259.22

    2 2 0 s4ny 15,223 69.14

    3 3 0 derryb 13,569 50.77

    4 5 1 botanist 11,188 24.31

    5 6 1 djm 11,047 22.74

    6 7 1 OPA 11,046 22.73

    7 11 4 SmallTownCoins 10,551 17.23

    8 8 0 Musky1011 10,509 16.77

    9 4 -5 aj2525r 10,426 15.84

    10 9 -1 Overdate 10,154 12.82

    11 10 -1 Hopsin 9,914 10.16

    12 12 0 TwoSides2aCoin 9,853 9.48

    13 18 5 Barndog 9,757 8.41

    14 17 3 bronco2078 9,741 8.23

    15 16 1 Coulport 9,682 7.58

    16 13 -3 mhammerman 9,585 6.50

    17 15 -2 KISHUI 9,557 6.19

    18 21 3 jmski52 9,537 5.97

    19 19 0 mariner67 9,353 3.92

    20 14 -6 AUandAG 9,335 3.72

    21 24 3 Mesquite 9,304 3.38

    22 22 0 DrBuster 9,276 3.07

    23 20 -3 hchcoin 9,219 2.43

    24 27 3 bluelobster 9,160 1.78

    25 23 -2 3stars 9,000 0.00

    26 26 0 SurfinxHI 8,831 -1.88

    27 25 -2 DeepCoin 8,630 -4.11

    28 28 0 CuKevin 8,386 -6.82

    29 29 0 Bochiman 7,934 -11.84

    30 31 1 renman95 7,811 -13.21

    31 30 -1 msterling21 7,610 -15.44

    32 33 1 joefro 7,033 -21.86

    33 35 2 Baley 6,881 -23.54

    34 34 0 Justacommeman 5,867 -34.81

    35 32 -3 EagleEye 5,592 -37.87

    36 38 2 OperationButter 5,550 -38.33

    37 37 0 guitarwes 5,096 -43.38

    38 36 -2 JohnnyCache 4,534 -49.62

    39 39 0 Wingsrule 1,465 -83.72



    Average 9,475 5.28



    Platinum 989.00 10.50

    Silver 16.33 17.23

    Gold 1,235.10 16.30

    Crude Oil 40.40 8.98

    Rhodium 815.00 8.67

    Palladium 573.00 1.42

  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    Dang, nice gain for the prag!
  • bluelobsterbluelobster Posts: 1,220 ✭✭✭
    64% of participants with a positive YTD return, is that a record this late?

    Obviously, metals being up, is a big factor on this forum.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Originally posted by: Wingsrule

    pragmaticgoat gained $10K since the last update two weeks ago.



    The other 38 participants gained a TOTAL of $18K in the same period. image



    Today 04/15/16

    Rank Prev Rank Rank Chg Total YTD % Chg

    1 1 0 pragmaticgoat 32,330 259.22

    2 2 0 s4ny 15,223 69.14

    3 3 0 derryb 13,569 50.77







    That's got to be a record, +259% highest YTD % ever recorded in these annual contest threads?

    And largest gap between #1 and 2?

    Anyone recall higher?



    Well done sir!



    (double congrats if you actually invested in your best idea, triple if you cashed out any at that level)

    Liberty: Parent of Science & Industry

  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    I believe these are all-time records and will confirm as part of the next update.
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    pragmaticgoat's performance is no less awesome than Yasiel Puig's throw from RF last ngiht!



    image
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    In response to Baley's questions a few posts up, the previous weekly record high was $24,389 by DrBuster back in March 2014. Two weeks later, he held the greatest spread between 1st and 2nd place with a margin of about $8,700.







  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    I believe that was on just one of my usual 50/50 splits for most all of the action. All in should have been like high 30s if memory serves before the bounce back down on cdti, was almost a quad.



    *almost a quad
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    I didn't update the entire sheet but pragmaticgoat just broke the 50K barrier. imageimageimage



  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    A new indoor world record!
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    image
  • jmski52jmski52 Posts: 22,814 ✭✭✭✭✭
    Awesome! Keep it goin' Joe!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • pragmaticgoatpragmaticgoat Posts: 851 ✭✭✭
    Originally posted by: jmski52
    Awesome! Keep it goin' Joe!


    Would love too Jerry, same pick as last year, but Brian didn't tag along this time. The other day when it topped 50K, I had the thought of five monster boxes showing up at my door image
    BST references:
    jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack;
    jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    .

    My Adolph A. Weinman signature :)

  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    image
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    2016 has not been the best year ever in Baleyville!

    Liberty: Parent of Science & Industry

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,283 ✭✭✭✭✭
    Well thankfully there are many companies to invest in. Most notably: mine image
  • CakesCakes Posts: 3,626 ✭✭✭✭✭
    Originally posted by: Baley
    2016 has not been the best year ever in Baleyville!


    It could be worse just look at Wingsrule!!

    Successful coin BST transactions with Gerard and segoja.

    Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    Hey!!! It's not easy to do this poorly so consistently.
  • hopsinhopsin Posts: 212
    Hey I know the initial post in this thread says "no naked puts"...But if somebody starts out with $9,000 and simply sells...(suppose this is next year) a DEC '17 put at a strike price of 110 and collects a premium of 20 for the option (on each unit, since they trade in units of 100)...and the company goes belly up and the stock is delisted, but the writer of the put is legally obligated to buy 100 shares of that company and 110 per share even though it's now worth $0 per share...it technically wouldn't be naked. The most you can lose in a put is the strike price minus the premium. So if the company went belly up, they would lose 110 per share, but make 20 in premium on each one...so they just lose 90 per...and that comes to a loss of...$9,000! In which case the investor would have a return of -100% for the year! As long as they have enough in equity/cash to cover a put's maximum loss (strike price - premium), it isn't naked. Now, if you write an uncovered call, the potential for loss is infinite.
    Positive BST transactions with Timbuk3, coindeuce, charlottedude.
  • derrybderryb Posts: 36,779 ✭✭✭✭✭
    Originally posted by: hopsin
    Hey I know the initial post in this thread says "no naked puts"...But if somebody starts out with $9,000 and simply sells...(suppose this is next year) a DEC '17 put at a strike price of 110 and collects a premium of 20 for the option (on each unit, since they trade in units of 100)...and the company goes belly up and the stock is delisted, but the writer of the put is legally obligated to buy 100 shares of that company and 110 per share even though it's now worth $0 per share...it technically wouldn't be naked. The most you can lose in a put is the strike price minus the premium. So if the company went belly up, they would lose 110 per share, but make 20 in premium on each one...so they just lose 90 per...and that comes to a loss of...$9,000! In which case the investor would have a return of -100% for the year! As long as they have enough in equity/cash to cover a put's maximum loss (strike price - premium), it isn't naked. Now, if you write an uncovered call, the potential for loss is infinite.

    Just trying to follow your naked put example probably explains why the initial thread says "no naked puts."

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cohodkcohodk Posts: 19,084 ✭✭✭✭✭
    Originally posted by: derryb
    Originally posted by: hopsin
    Hey I know the initial post in this thread says "no naked puts"...But if somebody starts out with $9,000 and simply sells...(suppose this is next year) a DEC '17 put at a strike price of 110 and collects a premium of 20 for the option (on each unit, since they trade in units of 100)...and the company goes belly up and the stock is delisted, but the writer of the put is legally obligated to buy 100 shares of that company and 110 per share even though it's now worth $0 per share...it technically wouldn't be naked. The most you can lose in a put is the strike price minus the premium. So if the company went belly up, they would lose 110 per share, but make 20 in premium on each one...so they just lose 90 per...and that comes to a loss of...$9,000! In which case the investor would have a return of -100% for the year! As long as they have enough in equity/cash to cover a put's maximum loss (strike price - premium), it isn't naked. Now, if you write an uncovered call, the potential for loss is infinite.

    Just trying to follow your naked put example probably explains why the initial thread says "no naked puts."



    Lol. I had to read it 3x also.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • hopsinhopsin Posts: 212
    It's not naked. If you have a greater than or equal amount of cash to the strike price minus the premium of the put you sell multiplied by 100...it's covered. Theoretically, a trader could sell puts all year with short expirations, they could expire worthless (the trader would collect the premium as straight profit), and this could just add to somebody's initial $9,000, allowing them to take greater risks when selling puts.
    Positive BST transactions with Timbuk3, coindeuce, charlottedude.
  • jmski52jmski52 Posts: 22,814 ✭✭✭✭✭
    If you set aside the amount of cash needed to cover the short, it's not a naked short. Of course, then you can't go off and commit that amount to another trade either. That being the case, there is no advantage that the arbitrage spreads won't eat up anyway unless you are good at active trading.

    There's no way to reduce the risk of leverage and there's no way to magnify an obviously good trade without it. Unless you have a good HFT program and the infrastructure to go along with it.

    There is no magic bullet.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cohodkcohodk Posts: 19,084 ✭✭✭✭✭
    Originally posted by: jmski52


    There is no magic bullet.



    Knowledge is pretty magical.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • jmski52jmski52 Posts: 22,814 ✭✭✭✭✭
    Insider Knowledge is pretty magical.

    fify
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • s4nys4ny Posts: 1,569 ✭✭✭
    The contest is probably better without options.
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    pg continues his rout



    image
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Crazy to think that being up 81% and 91% only qualifies as 2nd and 3rd thus far this year.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    We'll see smoe big pops today.
  • BochimanBochiman Posts: 25,377 ✭✭✭✭✭
    Originally posted by: renman95

    We'll see smoe big pops today.




    Pops? Or, drops? image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • bluelobsterbluelobster Posts: 1,220 ✭✭✭
    Hey, all three of my stocks I picked in the contest are up today!

    Too bad the rest of my portfolio didn't fair as well, (
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    Gotta find time to update it this weekend just to document pg's new record.
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    image
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