This month's results show why in recent years I've been picking these wild-assed stocks for the contest.
This year I picked a solid stock, it gained 10%, and still 25% of the people in the contest are ahead of me. I saw this years ago and so I started picking these hero plays which would either get crushed or go up 400% and none of them worked.
Rules for Pick of The Year (PoTY) 2019
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As of 03-01-19
Updated QQQ, SPY, and DIA prices for 02-01-19. Sorry for the incorrect data. I will post April, May, and June results when I come back from overseas - Going backpacking. Thanks
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He gets the closing price plus $1.50 per share. I'm OK with it. Are you OK with it?
Originally posted by billyjoe View PostJohn Henry, What if the takeover company offered Mimo's pick market closing price plus $1.50 per share? This often happens.
-------------------billy
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John Henry, What if the takeover company offered Mimo's pick market closing price plus $1.50 per share? This often happens.
-------------------billy
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Thanks JohnHenry - I will be posting some discussion comments if and when this actually happens.Originally posted by JohnHenry View PostHi Mimo,
I would think you get the price of the last trading day of that stock symbol. For example, if you picked ABC stock and XYZ stock purchased ABC. You get the last trading price of ABC before the merger because you picked ABC not XYZ.
We can discuss more if you like for fun.
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Hi Mimo,Originally posted by mimo_100 View PostHey JohnHenry,
What happens if your stock gets bought out or otherwise acquired by another company? Thanks.
I would think you get the price of the last trading day of that stock symbol. For example, if you picked ABC stock and XYZ stock purchased ABC. You get the last trading price of ABC before the merger because you picked ABC not XYZ.
We can discuss more if you like for fun.
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Hey JohnHenry,
What happens if your stock gets bought out or otherwise acquired by another company? Thanks.
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I went back in POTY history to see the winning percents. It was relatively difficult to find the final results. So here is my attempt. The average of the results I found was 144.91%. Since short positions can gain a maximum of 100%, it was better to go long, at least since 2009.
(Does anyone know how to insert an excel spreadsheet into a reply?)
POTY winner stock percent
2018 Billyjoe SHLDQ 89.49
2018 Vixt RIOT 89.02
2018 Jiesen GBYC 74.53
2017 Tiedyed1 AVEO 350
2017 Blindsquirrel IPGP 86.22
2017 Karel. NVDA 77.23
2016 Mimo_100 415.45
2016 MrMarket 191.35
2016 Vixtt 122.47
2015 MrMarket 56.67
2015 Tiedyed1 42.86
2015 Riverbabe 41.09
2014 Riverbabe 58.35
2014 Jiesen 44.39
2014 Iceman 12.01
2013 Phoenix 119.00 LOUETTA SCOREKEEPER
2013 Louetta 111.00 LOUETTA SCOREKEEPER
2013 NCCoach 77.00 LOUETTA SCOREKEEPER
2013 JohnHenry 77.00
2010 Rob ZIXI 127.13
2010 Houstongo IMAX 113.79
2010 Peanuts MMG 95.30
2009 mea 273.00
2009 PeterHansen
2009 Peanuts
144.91 <==AVERAGELast edited by mimo_100; 02-04-2019, 06:28 PM.
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Louetta, You must have faith in the genius of Jack Dorsey.
----------------------billy
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You beat me to it. I swear I was just about to post that for once I'm on top.Originally posted by riverbabe View PostI am SHOCKED! SHOCKED! Louetta at NUMBER 1 !!! Good luck L!!!
I have changed my strategy this year. Past few I figured that to win I would need like a 200% increase and thus picked some wild-assed stock that would either crash and burn or cash in big (e.g. a shipping company, a Greek bank). This year I have picked a stock I actually own (4 Jan. 2020 $90 calls).
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