Rules: 1. Selection must be made prior to the opening bell on the first trading day of the week. 2. Selection may be changed up to the opening bell. 3. Starting price is the opening price on first trading day of week. 4. Ending price is closing price on last trading day of week. 5. No options or complex trading vehicles. Only stocks and ETFs.
To enter the game: List your stock's symbol, Long or Short, Company name, what the company does and why you like the selection.
Congratulations to last week's winner -- uncle.23 --
My moving average indicators still all point down. Reckon I'll go for the Dow stocks 3x negative with SDOW. I figure a lot of the money most likely to bolt and run is probably concentrated in the familiar big name stocks.
If the lastest rally was short covering I think it may last a while longer. This is a stock which I own that has a short interest ration of nearly 25. Most of the price ratios look good but the Quick Ratio is way too low at .27.
Post by architecto25 on Aug 14, 2011 22:00:17 GMT -5
SYMX (Synthesis Energy Systems) (Long) closed Friday at $1.97 I picked this one twice before. 15 Apr.,came in 3rd; then on 22 July, only in 10th place out of 13 entries that week. I'm lazy tonight; don't feel like researching others. And the chart appears to be turning up. Rovo will let you know in 5 days if my pick has any validity this time.
Post by architecto25 on Aug 15, 2011 9:23:22 GMT -5
I agree with SlowbutSure.. Rovo, with all the great coordination you've done with this contest... just post it ( & you could use mountain time)... it's not even 8:30am there in Denver yet. & if you win this week, you could just waive the receipt of the gold trophy....!!! And if you don't make the moutain time, then use Pacific time......!!!
How about sticking an asterisk by the symbol... ?? No problema.!!