Alright folks, this is the second month of CanadianMoneyForum Stock Picking Contest.
From the number of views, May 2009 contest was successful.
One big change to June Contest is that you have to pick one LONG position and one SHORT position. For the newbies out there: on LONG position you want stock price to go up, on SHORT position you want stock price to go down.
Also, you can close your positon anytime during the month. If your stock went up 75% due to some wild rumours you can close the positon by replying to the thread with your TICKER and closing price.
Here are the rules:
- Pick two Canadian stocks by replying to this thread. One LONG position and One SHORT position.
- Only Canadian Stocks
- Picks are made by entering ticker symbols.
- Last day to enter contest is June 5, 2009
- Price will be the closing price on the day of the pick.
- Contest is open to 25 people, 50 stocks
- Contest will end June 30, 2009 using that day's closing price if you haven't close your positions.
- The contest winner is the one that pick the biggest percentage gain for the month
- You are allowed to pick the same stock as someone else however on tiebreaker the person that picked the stock first wins.
- I'll keep track of everyone picks using Google Finance Spreadsheet
- I'm a Google Finance fan. Please use Google ticker symbol if possible. ie. T.TO (Telus) for Toronto Stock Exchange and MAA.V for Toronto Ventures
- It's just a contest so have fun!
June 2009 Stock Contest
From the number of views, May 2009 contest was successful.
One big change to June Contest is that you have to pick one LONG position and one SHORT position. For the newbies out there: on LONG position you want stock price to go up, on SHORT position you want stock price to go down.
Also, you can close your positon anytime during the month. If your stock went up 75% due to some wild rumours you can close the positon by replying to the thread with your TICKER and closing price.
Here are the rules:
- Pick two Canadian stocks by replying to this thread. One LONG position and One SHORT position.
- Only Canadian Stocks
- Picks are made by entering ticker symbols.
- Last day to enter contest is June 5, 2009
- Price will be the closing price on the day of the pick.
- Contest is open to 25 people, 50 stocks
- Contest will end June 30, 2009 using that day's closing price if you haven't close your positions.
- The contest winner is the one that pick the biggest percentage gain for the month
- You are allowed to pick the same stock as someone else however on tiebreaker the person that picked the stock first wins.
- I'll keep track of everyone picks using Google Finance Spreadsheet
- I'm a Google Finance fan. Please use Google ticker symbol if possible. ie. T.TO (Telus) for Toronto Stock Exchange and MAA.V for Toronto Ventures
- It's just a contest so have fun!
June 2009 Stock Contest