Where do you stand? Did you put 100% of your pretend bucks in one stock that doubled last week? That seems to be the best strategy. Did you foolishly diversify like you were an actual investor or something? That's what I did. My results at the end of week #1:
Portfolio Value: $1,017,767.12
Rank: 64,726
Percentile: Top 26%
Post your week one results here by Monday morning, and I will rank them into a post by the end of trading on Monday.
My only question is, who the heck is Nancy Beaumont?
Somewhat diversified...
Portfolio value: $1,021,545.90
Rank: 55227
Percentile: 22%
Isn't Nancy Beaumont related to Hugh Beaumont from Leave it to Beaver? =)
Posted by: Bobby | March 10, 2007 at 06:30 PM
Portfolio Value: $1,300,450
Rank: 174
Percentile: Top 1%
Best Trade: FMT (+25%)
Other Trades: ASML(+1.47%)
PGNX (+1.3%)
Bonus Bucks: $13,000
The whole "Nancy Beaumont" a/k/a "Multiple Accounts" crisis may change these results once CNBC does the IP address matching which Dylan Radigan said they would do on-air Thursday so as to disqualify the rule violators.
Posted by: Dave | March 10, 2007 at 06:43 PM
I am Somewhat diversified too
Portfolio value: $1,019,458.72
Rank: 60320
Percentile: 24%
That will be nice when they fix the accounts. Hopefully that will push me to a better ranking.
Posted by: Fanatix | March 11, 2007 at 01:09 AM
Portfolio Value: $1,019,942.80
Rank: 59078
Percentile: 24th
Posted by: Charles | March 11, 2007 at 06:21 AM
Portfolio value: $1,000,000.00
Rank: 183439
Percentile: 28th
:-)
Posted by: My Financial Journey | March 11, 2007 at 07:47 AM
Rank 7,910. In the top 4%.
Strategy- One to five stocks. I only choose small caps with a preference toward high betas. Must have solid financials. I have different stocks in my portfolio each day. This is STRICTLY a day trading competition. Also, diversification will work AGAINST you in this game. It will guarantee that you will only have average returns. Good luck everyone!
Posted by: Dana Corbin | March 11, 2007 at 08:01 AM
MPEL has been talked down by Jim Cramer, but the next day after he sledged it, they announced their much touted Macau casino will be opening on time 28 April.
He was wrong on it before betting on it, he is now going to be wrong betting against it.
This one will rocket this week.
Posted by: HK Blogger | March 11, 2007 at 09:34 AM
Diversified
Total Portfolio Value
$1,006,643.46
Rank
100670
(Top 40%)
Posted by: Lulu | March 11, 2007 at 01:31 PM
$1,019,511 top 24%. I took a huge loss on the subprimer lender this week.
Posted by: LivingAlmostLarge | March 11, 2007 at 02:17 PM
1,000,000
182528
(Top 72%)
No purchases yet! The site keeps freezing when I enter a buy!
Posted by: NCN | March 11, 2007 at 06:13 PM
Rank 83938 (Top 33%)
Total Return 1.14%
Available Cash $167,869.40
Stock Holdings $843,510.00
Total Portfolio Value $1,011,379.40
No bonus bucks, completely unethical IMO. You don't get free stock just for showing up unless you are CEO of a sub-prime or Homeduilder. Like I said, completely unethical.
I have a realish portfolio. some large and medium and a few flyers. I knew for sure there was going to be a big stink about multiple accounts. I imagine that after the disqualifications, near 1/3rd of the top 1/3rd are gone. That will change my rank but noy my percentile.
Posted by: Robert Cote | March 11, 2007 at 08:41 PM
Rank
75384
(Top 30%)
Total Return
1.40%
Available Cash
$15,720.00S
tock Holdings
$998,260.00
Total Portfolio Value
$1,013,980.00
all large cap stocks. not intending to trade at all...
Posted by: joey | March 12, 2007 at 06:43 AM
Diversified. I wanted some other stocks, but they didn't have the volume. I'm not sure what stocks would be better at the moment.
Total Portfolio Value:
$1,055,184.14
Cash: $9001.06
Total Return: 5.52%
Rank: 13542, top 6%
Posted by: MoneyFwd | March 12, 2007 at 09:07 AM
1,176,690.50 Portfolio
1 %
About 7% this week.
Apple and China Stocks
Posted by: Marty | March 12, 2007 at 10:42 PM
This entire contest is promoting the worng thing. Its not about stock picking..Next year they need to have a new rule that you cannot buy more than 5% of one stock in the portfolio. This way nobody can get lucky and hit the payday with one stock. Out of 250k people you will always have several hundred people who happen to hit the 300-400% gainer in one month.
As of today I am 1.1 million 5260th place but I made 100k today so I should be in top 2% or 1000-1500th place tomorrow.
Posted by: sam finta | March 15, 2007 at 10:46 PM
TOTAL PORTFOLIO VALUE $1,333,318.00
RANK 639
Posted by: BLAIR | March 21, 2007 at 09:42 AM