Rules for Pick of The Year (PoTY) 2017

[JohnHenry]

Happy New Year!

I was not planning to do Pick of The Year (PoTY) 2017. Several people requested that we continue.

I cannot guarantee a timely monthly update. If we are OK with this.

OK. Let us do it. Let us keep it simple as before.

Discard this line ========>Let us change it up and your picks must be ten dollars or greater.<======


You have until the end of January up to 11:59 PM PST to make a pick - starting price will be the closing price, (per Yahoo, unless it's shown that the Yahoo price is incorrect) the last trading day of January. Any stock trading on the NASDAQ, AMEX or NYSE is fair game, long or short.

We welcome IPOs if picked by the end of January and starting price will be the closing price of the IPO.

Picks submitted after January are welcome, but comes with a 20% penalty of the closing price.

Discussions and concerns are welcome. Good Luck!

[Louetta]

Natch, we all appreciate your efforts. Do the best you can.

[mimo_100]

Thank you for running this again.

I think we should make it over $5 rather than $10. Here is a link to Kiplinger for 8 stocks under $10 that has a few pretty good names. If the goal is largest gain in 11 months, looking at more speculative stocks (and therefore lower priced) seems to me to make sense.

http://www.kiplinger.com/slideshow/investing/T052-S003-8-stocks-under-10-worth-buying/index.html

[blindsquirrel]

Thanks for running it again. I'm looking forward to participating!

[mimo_100]

If you look at the entry prices from 2016 - 4 of the eventual top 5 stocks were below $10.

http://www.mrmarketishuge.com/showthread.php?3931-Pick-of-The-Year-(PoTY)-2016&p=127879#post127879

[Karel]

If you look at the entry prices from 2016 - 4 of the eventual top 5 stocks were below $10.

http://www.mrmarketishuge.com/showth...879#post127879

And 4 out of the top 4. Actually, that could be seen as an argument for disallowing under-$10 stocks. I don’t mind one way or another.

[mimo_100]

And 4 out of the top 4. Actually, that could be seen as an argument for disallowing under-$10 stocks. I don’t mind one way or another.

This must be some kind of Socialist argument - why would anyone want to disallow WINNING stocks?

[Karel]

This must be some kind of Socialist argument - why would anyone want to disallow WINNING stocks?

I wouldn’t call JohnHenry a socialist, but rather, he having graciously offered to do the POTY again, the benevolent dictator of the game. I just tried to see some sense in his proposal. I am fine with it, and if he changes his mind about it, I will be fine with the change too.

[mrmarket]

I'll go with FNHM

[Louetta]

COLL please.

[JohnHenry]

I'll go with FNHM

There is your answer. MrMarket set the tone for the contest with his pick. That was easy as homemade pie.

[JohnHenry]

COLL please.

Hi Louetta,

You may change your pick if you are not comfortable with your pick over ten dollars.

[JohnHenry]

I wouldn’t call JohnHenry a socialist, but rather, he having graciously offered to do the POTY again, the benevolent dictator of the game. I just tried to see some sense in his proposal. I am fine with it, and if he changes his mind about it, I will be fine with the change too.

Hi Karel,

Where have you been? Yeah, I know. I am disappointed with that comment too. I thought we were professionals here.

I read many top successful fund managers do not purchase stocks under ten dollars. I thought we would raise the bar and make it a bit interesting and fun. That’s all.

It is just a game. Look at the difficulty we are having and the contest have not started. I could not imagine how ugly this could get if we were discussing this in person – real life.

Players always have a choice, to play or not.

[JohnHenry]

This must be some kind of Socialist argument - why would anyone want to disallow WINNING stocks?

What makes you so sure those are WINNING stocks?

You make sure your penny stock (under five dollars) pick for this contest beats your POTY 2016 score of 415.45 percent or it was not worth your trouble.

[blindsquirrel]

IPGP is my pick for 2017.