Another Contest. This one has Prizes!!

[Rob]

Rob...why don't you put in a bid at 15.01 10 seconds before the close

'Cause be then it'll probably be too low anyway.

[billyjoe]

Rob...why don't you put in a bid at 15.01 10 seconds before the close

Doug,
I put in an order to sell GOOG at 609 3 or 4 minutes before closing a couple days ago and it didn't fill. Guess they wanted me to make more $$$.

-------------billyjoe

[Rob]

'Cause be then it'll probably be too low anyway.

... or not. Okay, so I was too optimistic. Still I don't think I'll be putting in any bids on QXM ten seconds prior to the close. I'm just regretting that I didn't buy any in real life when I picked it for this contest.

[billyjoe]

$10 - $15 contest

We have a winner.............almost.
Rob snatches defeat from the jaws of victory as QXM explodes out of nowhere to surpass $15 then settles in to close at $14. Here are the current leaders hoping that QXM disappears as fast as it appeared.

Rob-----QXM-----14.00---up 71.36%

Karel---CRDC-----12.77-----+37.31

Peanuts-TWLL----11.95-----+28.91

IIC------FRM-----10.79-----+17.67---he still won't tell me what's furmanite?

Stenzrob-SIM----10.60------+ 7.94

Where were these guys when I was compiling my under $10 list?

--------------billyjoe

[stenzrob]

My pick for this contest is up over 10% in 3 weeks.

Anywhere but on this forum that would be considered good stockpicking.

Here, it won't even win me a couple of dogeared paperbacks.

[riverbabe]

... or not. Okay, so I was too optimistic. Still I don't think I'll be putting in any bids on QXM ten seconds prior to the close. I'm just regretting that I didn't buy any in real life when I picked it for this contest.

Rob, on one of the news services (copyrighted) a trader was quoted as saying that QXM is a massively overbought china name and he shorted it as it came into the 15.00 mark for healthy profits today. He is maintaining 1/3 exposure looking for the possibility of a further retracement. At least it's doing better than my NFI!

[IIC]

... or not. Okay, so I was too optimistic. Still I don't think I'll be putting in any bids on QXM ten seconds prior to the close. I'm just regretting that I didn't buy any in real life when I picked it for this contest.

Wait a minute!!!...I thought we actually had to own the stock we picked.

[Rob]

. . . saying that QXM is a massively overbought china name . . . looking for the possibility of a further retracement.

Well, you know how that goes, River. He may be right, and he may be wrong. But at one point today QXM was at 15.48.

[Rob]

Wait a minute!!!...I thought we actually had to own the stock we picked.

In which post did you see that?

[IIC]

In which post did you see that?

I didn't actually read it...I just assumed...If I had known that we didn't have to own it I was going to pick ________???

[billyjoe]

The Big 5 continue their relentless pursuit of the $15 mark.

Rob---QXM------13.84-------high of 15.48 on Oct.11
Karel--CRDC-----13.20-------high of 15.15 on Oct. 5
Peanuts--TWLL--12.00
Stenzrob--SIM---10.64
IIC------FRM---- 10.62


-------------billyjoe

[Karel]

The Big 5 continue their relentless pursuit of the $15 mark.

Rob---QXM------13.84-------high of 15.48 on Oct.11
Karel--CRDC-----13.20-------high of 14.93 on Oct. 9
Peanuts--TWLL--12.00
Stenzrob--SIM---10.64
IIC------FRM---- 10.62


-------------billyjoe

Wasn't that 15.15 for CRDC on 10-5?



Regards,

Karel

[billyjoe]

Wasn't that 15.15 for CRDC on 10-5?



Regards,

Karel

Karel,
Of course, you are correct and the post has been corrected.

-------------billyjoe

[squarepusher]

Have you ever noticed how hard it is for a stock to get from <$10 to $15 or greater? I'm willing to bet nobody can pick an under $10 stock from the NYSE ,NASDAQ, or AMEX that will close at $15 or higher by close Friday Dec.21st. You can make 1 pick starting today and ending Friday Sept28th. If any stock closes above $15 before Dec.21st, you'll win one of these fabulous prizes.

!st place-----Hardcover copy 5th Edition Graham & Dodd's "Security Analysis"

2nd place----Hardcover copy Kenneth Fisher's "100 Minds that Made the Market"

3rd place----paperback copies Wm O'Neil's "24 Essential Lessons for Investing Success" and "The Successful Investor". These 2 are a bit dogeared.

Your stock must close the day at or above $15 to be a winner. Start your homework, due diligence, and research and show us your stuff!

Only stocks with gains will be posted periodically during contest run. The price of your stock will be based on the opening price the day after your selection if made during market hours.

-----------------billyjoe

if you have a limit order to sell at $15, does it really matter if it closes at that price? 50% profit is secured at that point.
________
LovelyWendie99

[billyjoe]

if you have a limit order to sell at $15, does it really matter if it closes at that price? 50% profit is secured at that point.

Squarepusher,
Yes, you would have at least a 50% gain. In this contest it has to close at $15 or above to be a winner.

-------------billyjoe