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2017 Investment Contest - December 1st update posted!

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Comments

  • derrybderryb Posts: 36,823 ✭✭✭✭✭
    edited October 24, 2017 3:52PM

    @OPA said:
    derryb....why don't you do us the honor B)

    because my eyes are getting to old to use the calculator and rithmatic was not my forte'.

    "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

  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    Excuses, excuses..... B)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • derrybderryb Posts: 36,823 ✭✭✭✭✭

    why aren't you volunteering?

    "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

  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    I don't have a computer o:)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • s4nys4ny Posts: 1,569 ✭✭✭

    My suggestion would be no options and long positions only.
    Bears could be effectively short by being long an inverse ETF.

    At the least, a short should have a minimum price of $5.

    I shorted a $1 security, but it would have been very hard to borrow
    to have a real short position.

  • MsMorrisineMsMorrisine Posts: 33,087 ✭✭✭✭✭
    edited November 3, 2017 3:52AM

    If I did it, I'd make both shorts and options over $1 to limit the market moving potential of large orders

    Also no FX, no futures and no futures options

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmski52jmski52 Posts: 22,850 ✭✭✭✭✭

    There's hope. Tesla is going to melt down! :)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • AUandAGAUandAG Posts: 24,762 ✭✭✭✭✭

    Thanks Wings,
    I'm up 3 tics and said the 4th quarter is my VE day (Victory in Equities). We'll see!

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • WingsruleWingsrule Posts: 3,011 ✭✭✭✭


    Only 5 weeks to go!

  • cohodkcohodk Posts: 19,127 ✭✭✭✭✭

    Baley could pull this out.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • BochimanBochiman Posts: 25,381 ✭✭✭✭✭

    SurfinxHI, you're killing me here! Good job, but I had you as 5th and was rocking the top 5 picks that way....you're killing me, dude :wink:

    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

  • 3stars3stars Posts: 2,287 ✭✭✭✭✭

    Plug Power, the Yoyo stock of 2018.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,293 ✭✭✭✭✭

    No capital gains tax for me, this year. :blush:

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    @3stars said:
    Plug Power, the Yoyo stock of 2018.

    I clicked the YTD chart and said wow. Then the 5 year chart and said Wow!

    Then the "Max" chart and said WOW!!

    Liberty: Parent of Science & Industry

  • 3stars3stars Posts: 2,287 ✭✭✭✭✭

    It was years ahead of itself, but finally starting to come into its own. With $600 million contracts with both Amazon and Wal-Mart, it has some good years ahead, not to mention the possibility of FedEx truck range extenders and ground support equipment at airports. China is also a big possibility. Meantime, have plenty of aspirin sitting around, especially at quarterly report time when it inevitably gives back its gains for the quarter.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭

    Go Surf Go!

    Pineapples

  • 66Tbird66Tbird Posts: 2,858 ✭✭✭

    Oh no, I'm falling!

    Need something designed and 3D printed?
  • SurfinxHISurfinxHI Posts: 2,457 ✭✭✭✭✭

    @Bochiman said:
    SurfinxHI, you're killing me here! Good job, but I had you as 5th and was rocking the top 5 picks that way....you're killing me, dude :wink:

    Psstt.....ive got me at third....but I'm ok with losing the side bet if I win it all! :)

    Dead people tell interesting tales.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    Could be another close finish this year, the 2013 contest was a photo finish, decided by a mere $141 ... as opposed to 2015, when 1st won by several lengths

    Liberty: Parent of Science & Industry

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭

    @Baley said:
    Could be another close finish this year, the 2013 contest was a photo finish, decided by a mere $141 ... as opposed to 2015, when 1st won by several lengths

    comrade b, do have have a list of the yearly winners handy?

  • WingsruleWingsrule Posts: 3,011 ✭✭✭✭

  • SurfinxHISurfinxHI Posts: 2,457 ✭✭✭✭✭

    @Bochiman said:
    SurfinxHI, you're killing me here! Good job, but I had you as 5th and was rocking the top 5 picks that way....you're killing me, dude :wink:

    Your welcome.

    Dead people tell interesting tales.
  • 3stars3stars Posts: 2,287 ✭✭✭✭✭

    If today holds up, back to #2 for me. This is going to be very close!

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • BochimanBochiman Posts: 25,381 ✭✭✭✭✭

    LOL

    I thank you, but now, it's 3stars and s4ny that have things swapped...
    Going down to the wire for me on this, as I am way out in the regular race here.....no on the bottom, not on the top, and no longer really dead center in the middle.... I suck

    @SurfinxHI said:

    @Bochiman said:
    SurfinxHI, you're killing me here! Good job, but I had you as 5th and was rocking the top 5 picks that way....you're killing me, dude :wink:

    Your welcome.

    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

  • WingsruleWingsrule Posts: 3,011 ✭✭✭✭
    edited December 4, 2017 4:13PM

    @Bochiman. Gotcha beat by a mile :#

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    Amazing spread of results, from -100% to +100+%, with surprisingly large gap between 5th and 6th.

    Will be an interesting 3 weeks, good luck!

    Liberty: Parent of Science & Industry

  • cohodkcohodk Posts: 19,127 ✭✭✭✭✭

    @Baley said:
    Amazing spread of results, from -100% to +100+%, with surprisingly large gap between 5th and 6th.

    Will be an interesting 3 weeks, good luck!

    80% of folks underperforming a typical balanced mutual fund.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MsMorrisineMsMorrisine Posts: 33,087 ✭✭✭✭✭

    To win a contest like this, it pays to take unusual risks

    JohnnyCache could have easily bet lineq long and been solidly at 0%

    Others could have done similarly to tie.

    I'm thinking the next contest needs to ban bankruptcy stocks for this reason.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,087 ✭✭✭✭✭

    @Baley said:
    Amazing spread of results, from -100% to +100+%, with surprisingly large gap between 5th and 6th.

    Will be an interesting 3 weeks, good luck!

    Picking the top 5 was easy

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,087 ✭✭✭✭✭
    edited December 7, 2017 2:38PM

    future contests should ban cryptocurrencies like bitcoin and related instruments

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    @MsMorrisine said:
    future contests should ban cryptocurrencies like bitcoin and related instruments

    Why? Most of the pros here know they're going to go down in an umbra of tulip pedals.

  • MsMorrisineMsMorrisine Posts: 33,087 ✭✭✭✭✭
    edited December 7, 2017 5:36PM

    simply to make it more sporting

    my pick for next year's crypto gainer - Ethereum

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • WingsruleWingsrule Posts: 3,011 ✭✭✭✭

    We need a leader for next year’s contest. Volunteering??

  • MsMorrisineMsMorrisine Posts: 33,087 ✭✭✭✭✭

    I am thinking about it

    Spreadsheet - check
    Rules & Methodologies - unsure

    I also wonder if my limits would scare people off. (Like no stocks already in bankruptcy)

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • WingsruleWingsrule Posts: 3,011 ✭✭✭✭

    That’s one of the benefits. Your game, your rules. And you can wait to see everyone else’s picks before you post your own. Worked great for me! :D:D:D:D

  • BochimanBochiman Posts: 25,381 ✭✭✭✭✭

    @MsMorrisine said:
    I am thinking about it

    Spreadsheet - check
    Rules & Methodologies - unsure

    I also wonder if my limits would scare people off. (Like no stocks already in bankruptcy)

    Go for it. I think, the simpler the better, but that's just me.

    As Wings said just above....."your game, your rules". If people don't like your rules, they don't need to play.

    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

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    @MsMorrisine said:

    @Baley said:
    Amazing spread of results, from -100% to +100+%, with surprisingly large gap between 5th and 6th.

    Will be an interesting 3 weeks, good luck!

    Picking the top 5 was easy

    LoL, "picking" them might have been easy, but doing it in time was more difficult. Predicting them correctly, now that's the tricky part..

    Liberty: Parent of Science & Industry

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    @renman95 said:

    @Baley said:
    Could be another close finish this year, the 2013 contest was a photo finish, decided by a mere $141 ... as opposed to 2015, when 1st won by several lengths

    comrade b, do have have a list of the yearly winners handy?

    Not handy, but will compile some lists and stats over the next couple of weeks

    Liberty: Parent of Science & Industry

  • 3stars3stars Posts: 2,287 ✭✭✭✭✭

    PLUG is driving me nuts - keeps bouncing around $2.40, which is where I hit 100% gain for the year. Hopefully I'm on the plus side of it on the 29th!

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    Rocking a +103.4% at this time.

    Cheers to all!

    Liberty: Parent of Science & Industry

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Market is up what 20-25% this year and 21 of the 37 contestants have losing positions.

    :)

  • BochimanBochiman Posts: 25,381 ✭✭✭✭✭

    @Coinstartled said:
    Market is up what 20-25% this year and 21 of the 37 contestants have losing positions.

    :)

    Of course, before you posted, you were smart enough to know what the goal of the contest is/was for many, right?
    While some wanted to go for the top, that wasn't the stated goal in the OP.....

    "At the end of the contest, I will donate a 1 oz silver bar, ASE, etc. to the person with the _lowest _portfolio balance."

    (bolding and italics were my doing)

    So, the winner of the OP's original purpose is likely to be johnnycache...with the OP actually coming in "2nd" (from the bottom).

    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

  • MsMorrisineMsMorrisine Posts: 33,087 ✭✭✭✭✭

    HALO is going to blow my top 5 picks

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • 3stars3stars Posts: 2,287 ✭✭✭✭✭

    We could possibly have a tie for first this year. PLUG keeps dancing around the 100% mark with three days left.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
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  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    @cohodk said(11/19):
    Baley could pull this out.

    Wow, makes the call 6 weeks early, when i was in 5th place!

    It's almost like he can read a chart and spot a trend of relatively steady accumulation. ;)

    Nice game and year to all, and best wishes for 2018!

    Liberty: Parent of Science & Industry

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