Portfolio of the week - 2008

[riverbabe]

You are in BLUD - long at 10:46 a.m.

10:47 I think? (the one-minute rule?)

[skiracer]

10:47 I think? (the one-minute rule?)

I'll try to get it as close as possible to 10:46 or 10:47.

[jiesen]

Congrats Spike, Doug, and Pete for the win this week, and HUGE congrats to the three winners of the Yearly High Score: Stenz, Spike and Riverbabe- a true photo finish on that one, and a very impressive rally on Riverbabe's part as well!

For next week, I would like to pick LJPC long.... I would post it on Rob's board, but unfortunately my pick is no longer allowed in his contest (due to the price). So I'm just throwing it out there, in case we're still having a POTW on the $$MM forum.

Thanks Rob for running such a fine contest this year, and good luck with the new contest! And thanks, Peanuts, for keeping track of the yearly results!

Ski, I think you might have missed this one. I picked LJPC long on Saturday... Please add me to the scorecard. Thanks!

[skiracer]

Ski, I think you might have missed this one. I picked LJPC long on Saturday... Please add me to the scorecard. Thanks!

Jiesen,
I'll make sure I include you on the scorecard for a Monday entry. No problemo.

Mimo,
Please read my post on some of the rule changes regarding the use of CASH, entries, and number of trades. Go back two or three pages please. I think it's fair to give everyone a break for at least one day this week since there has been a change in scorekeepers and some of the rules.
I will have the scorecard done tomorrow morning. Tonight big annual shindig at my house for my oldest friends. I hope they maintain some assemblence of order and don't resort to shooting up the place. My wife will be walking on eggshells for the entire evening. Wishing everyone a safe and Happy New Years.
Wishing everyone a safe and Happy New Year.

[Rob]

I don't even know where the previous rules are . . .

2nd post in this thread.

[skiracer]

Regarding the POTW. I'll take the reins for awhile just so it doesn't go by the wayside. I'm going to make some changes to the way we play it and this is basically what they are. I'm going to loosen it up a bit. So put your entries in whenever you want to during the week.
If you are not in on time by the close on Mondays there will be a penalty adjustment to your final score on Friday. Some % for each day just to take up some of the advantage of having to hold a stock for less than the whole week. I'd like to put a bar at $2 for the cheapest stock pick. I would also allow you one stock trade a day if you want to. The two trade rule for the week will be the standard but if you want to go over that you may have 5 a week but only one sell and one buy per day. So if you sell or exit a trade in the morning you may buy another stock that day but only one. For each trade over the two trade standard there will be a penalty. I haven't given the penalties much thought yet but I think that 1% for the 1st late day which would be Tuesday. You get Monday for free. 3% for the 2nd late day which would be Wednesday. 4 % for the 3rd late day which would be Thursday. 5% for the 4th late day which would be Friday. So you could enter any day during the week but would be penalized as per the above.
Regarding the trades. Two trades per week for everyone. Each additional trade over two would cost you 2% for the 1st one. 3% for the 2nd one. 4 % for the 4th one. The amount of trades would be dependent on when your initial entry or 1st pick was put in for the week as to how many you would have remaining at one per day.
Regarding the time of entry and exits. I am going to use Stockcharts as the rule. Their opening prices are what I am going to use for each day. Their 1 min. chart for intraday prices as close as I can get to the correct price. If someone wants to debate the calls they may without any problem. They will have to substantiate the disputed price with their own proof. Anyone may dispute their's with stronger proof. But lets not let this become a big deal. It is only a game and at least you are still going to be in action here at MM's with the POTW.
So the POTW will continue as always here tomorrow morning. As always all are welcome to come and play. As far as I'm concerned you may curse, swear, argue, and do anything else that you want to do to make an ass out of yourself in any fashion you want or need. That's Karel's and Ernie's problem and not mine. Anyone that cannot stomach who and what we are doesn't have to play. I am willing to bet my life that Karel and Ernie will not let it get out of hand before they step in and either call you on it or ban you.
Any suggestions or thoughts regarding the penalties for placing late entries or the trade limits please open your mouths and post them. We can then all debate the issues and come up with an equitable solution. I hope everyone continues on with the game and enjoys some the the new changes to open it up some.
I will also keep a record of each weeks scorecard and the percentages for the week in an Excel or Google Doc file and hopefully everyone will have a place where it will be easy for each of you to look up your standing. Every now and then I will try to post the standing for the year to date. Everything else remains the same I guess. I don't even know what the other rules are.

This is specifically for StkyTreat and Mimo. Please read and if you have any questions just ask for a clarification. But you both have a free one for one more day this week as we have just started with these changes. Please get a pick in by tomorrows close or you're in a penalty situation.

[IIC]

My % change is wrong

[stenzrob]

So many people to thank and congratulate, I don't quite know where to start.
- Ernie, Karel, thanks for providing and maintaining this fine site.
- Peanuts and Rob for the POTW scorekeeping.
- Spike and River for the competition, great finishes that kept me hanging on by my fingertips.
- Ski, for stepping up to the plate to take on scorekeeping to start the year.

Best wishes, good luck, and a profitable 2008 to all.

IDRA long for me at the open on Wednesday, please, ski.

[skiracer]

Here is the updated scorecard. Doug, sorry for the miscalculation. Actually you're now in last place after the first day. Everyone and anyone who has not gotten their pick for this weeks POTW in yet has a bye Wednesday and as long as they get their pick in before the close on Wednesday they will not get the penalty. I'm figuring with the changes in the scorekeeping duties and rules everyone deserves a break the first week. Taking 1st place for the first time in 2008 is NewBorn Baby with his selection of NM. And the scorecard:

[New-born baby]

Ski & Rob

Ski,
Thanks so much for keeping score this year.

Rob,
Thanks so much for all the hard work you did in 2007. We all appreciate it so much.

[riverbabe]

I'll try to get it as close as possible to 10:46 or 10:47.

Good morning,

Please recheck the quote on BLUD at 10:47. It sure wasn't 34.00. It was more like 33.50-33.54. Thank you.

[Peter Hansen]

SKI Thanx

SKI Thanx and Happy New Year .....once again nice job on the table and score keeping

[skiracer]

Good morning,

Please recheck the quote on BLUD at 10:47. It sure wasn't 34.00. It was more like 33.50-33.54. Thank you.

River,
Not sure what happened there. I think I gave you the opening price. This is how I want to resolve these situations with the intraday prices. I have the time of sale capabilities during the day but after the close the system changes over and I can't go back and get the full days time of sales info again. I can run the site all day but cannot guarantee that I will see the trades here and have the time to go to time of sales and at least write the entry price down. So under those circumstances I would have to rely on the individual to provide the entry price or someone else who has an issue with the price and can refute it legitimately with their own proof. I can't take issue with a cent or two one way or another but some may and it could possibly mean the difference in the outcome of the game. I said possibly but in my opinion the chances are slim. So in this case I am going to give River the benefit of the doubt because I trust her and it is the path of least resistance which is usually the easiest. The entry will be made at her suggested entry price. Nice entry River. I will make the adjustment in your score and position.

[peanuts]

Dear Mr. Skiracer, sir

VIP, short

It's ready for the C down

[skiracer]

VIP, short

It's ready for the C down

Peanuts,
You are allowed one sell and one buy a day. You can only own one position at any time during the week. So with that said I am assuming that you want to sell UUU and take a short position in VIP. That is what you are getting at your posted time of 12.29 p.m. If you know the prices and don't mind supplying me with them then please do so as it will be much easier for me and keeping the scores. Thank you and please stop with the Mr. Skiracer Sir stuff Peanuts! Skiracer, Ski, or Ed is plenty good enough from you young whippersnappers.