Pick Of The Year Contest

[Rob]

Hosed

Man, I really got hosed on the kick-off for this contest.

I thought it was supposed to use the opening price from the open on the first trading day of the year (Jan. 3rd), and that the Jan. 12 deadline was only sort of a "grace period" to let late-comers still enter.

Check this out:

Opening prices for IMCL:

1/3/07: 26.85
1/12/07: 30.60

Difference: 13.97%

I probably would have still picked IMCL on the 12th, as I did on the 3rd, but man that 14% hurts (for the contest anyway).

[billyjoe]

Man, I really got hosed on the kick-off for this contest.

I thought it was supposed to use the opening price from the open on the first trading day of the year (Jan. 3rd), and that the Jan. 12 deadline was only sort of a "grace period" to let late-comers still enter.

Check this out:

Opening prices for IMCL:

1/3/07: 26.85
1/12/07: 30.60

Difference: 13.97%

I probably would have still picked IMCL on the 12th, as I did on the 3rd, but man that 14% hurts (for the contest anyway).

Rob,
I also claim a smaller diameter hosing. NYX opening 1/03/07--97.70. NYX opening 1/12/07 106.40. A difference of 8.9%. Any other members of the hosee club? I'm still confident of a nice gain by year's end.

---------billyjoe

[riverbabe]

Hosee 3

GOOG opening prices:

1/3/07: 466
1/12/07: 501.99

Price assigned to me 1/12/07 high of day 505!

River

[Rob]

It Is What It Is

I also claim a smaller diameter hosing.

I hear ya, Billy. Imagine starting at 111.35.

GOOG opening prices:
1/3/07: 466
1/12/07: 501.99

I hear ya, Riv. Imagine starting at 531.10.

I must state here that I am not protesting or suggesting things be changed from the status quo. I'm just glad Jiesen has graciously agreed to handle this contest for us. But if I happen to come in 2nd as calculated from Jan. 12, while calculating from Jan. 1 would happen to place me in the catbird seat, then maybe an asterisk-ed footnote would be in order. (Of course, the same might be in order for anyone in the contest who winds up in that position.)

[jiesen]

Quit yer whining, eh?

I hear ya, Billy. Imagine starting at 111.35.

I hear ya, Riv. Imagine starting at 531.10.

I must state here that I am not protesting or suggesting things be changed from the status quo. I'm just glad Jiesen has graciously agreed to handle this contest for us. But if I happen to come in 2nd as calculated from Jan. 12, while calculating from Jan. 1 would happen to place me in the catbird seat, then maybe an asterisk-ed footnote would be in order. (Of course, the same might be in order for anyone in the contest who winds up in that position.)

The contest is for a year. I seriously doubt that the spread between #1 and #2 would be less than 14% at the end of it. But, if it does happen to you, Rob, and you come out #2 by 10%, I'll name you the hoser champion, if it'll make you feel better.

[Rob]

That would be a real beauty, eh? Good day.

[jiesen]

And for my 'what if' picks, I'm taking

OSUR long and GFCI.PK short.


Notice that I'm picking on a Friday, because that's the day that I lock in the picks. If you want to avoid being a hoser, make your 'what if' picks on Friday!

[peanuts]

my last pick

I guess I still have a "what if" long pick left, so I'll take a stock from my Earnings Growth Greenies List and make it a pick for the year: Give me CCRT as my "what if" long, please.

[jiesen]

I guess I still have a "what if" long pick left, so I'll take a stock from my Earnings Growth Greenies List and make it a pick for the year: Give me CCRT as my "what if" long, please.

you got it, eh. CCRT long it is!

[stenzrob]

I haven't been following the what-if rules closely, but I haven't got one yet. Put me down for AEIS, long.

[jiesen]

I haven't been following the what-if rules closely, but I haven't got one yet. Put me down for AEIS, long.

You got it, Stenz, AEIS long at today's close!

For the rest of you who may not have seen my earlier posts about the 'what if' pick, you're allowed to make two 'what if' picks for the year, but only if one is long and the other is short. Other than that, just about anything goes for these picks. You can make any stock your 'what if' pick, as long as I can find a quote for it. Rules are semi-lax on this end of the contest, and subject to change. All prices will be taken from the Friday's close following your pick. So if you pick it at 10pm tonight, you'll get NEXT Friday's close for your entry, and a likely 14% hosing (right, Rob?). But don't sweat it, it's just a game!

The reason for this other side of the POTY is to keep it going and keep it interesting beyond the initial POTY entries, which are already set in place. It also gives those of us too lazy, too busy, or otherwise too distracted by shiny things to make their original picks on time, from the right exchange, etc, a second chance to play side-by-side in a 'what if' contest. So if you're not sure about making your pick, just do it, or ask. It's all in good fun anyway.

[spikefader]

[stenzrob]

... you're allowed to make two 'what if' picks for the year, but only if one is long and the other is short.

Thanks jiesen.
WTF, I'll take a short on CYTR for the second what-if, then.

[jiesen]

Thanks jiesen.
WTF, I'll take a short on CYTR for the second what-if, then.

you got it, stenz! CYTR short it is!

[jiesen]

bless you, Spike...

Gesundheit!