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-- CNBC's Million Dollar Challenge
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Posted by mezzir on Mar-07-2007 19:41:

eh i'm still scared of the airline industry
lol i feel bad for anyone who had stock in airbus irl :/

ninja: awesome way to find hilarious stocks: google three random letters, if its a stock, it'll show up at the top with its market value and change


Posted by Marc Summers on Mar-07-2007 19:42:

quote:
Originally posted by mezzir
international flavors and fragrances


See, this is a safe market! You fool!

I'll throw a E-penny at you when I see you begging for E-change on the E-street because your precious china failed you!


Posted by mezzir on Mar-07-2007 19:43:

quote:
Originally posted by Marc Summers
See, this is a safe market! You fool!

I'll throw a E-penny at you when I see you begging for E-change on the E-street because your precious china failed you!

china may fail...but venesuela? NEVER!!!!


Posted by luisjb82 on Mar-07-2007 22:49:

It is Venezuela lol

And yes, the State bought the biggest phone company but I still wouldn't recommend to invest on that company just yet, too many what if's involved as of right now.


Posted by shaw on Mar-07-2007 22:52:

link?

btw, golf stocks are all cheap as dirt.


Posted by Marc Summers on Mar-07-2007 22:52:

quote:
Originally posted by luisjb82
It is Venezuela lol

And yes, the State bought the biggest phone company but I still wouldn't recommend to invest on that company just yet, too many what if's involved as of right now.


We'll see about that. Mezzir and I have faith in Venezuela!


Posted by Igaryok on Mar-07-2007 23:01:

I signed up for that once, and basically there were people that were making 80% returns daily. Yeah that's very real.


Posted by Krypton on Mar-07-2007 23:33:

My picks are...

BJS
BHI
BLG
APC
JBL

All have great fundamentals. 200k in each one.

Problem: This is a very inaccurate contest of investment skill. Warren Buffet said, "The market is like a voting machine in the short term. Long-term, it is a weighing machine."

8 weeks is nowhere near enough to make gains based on fundamentals. The majority of people who trade using this time-frame actually lose money. The most successful traders realize the gains they are after in year at least.

The winner of this contest will like last year's winner, be the best picker of a speculative stock. The guy put all 1 million into one stock and happened to be lucky. That is not an attribute of skill.

With that in mind, to be able to win this contest, you have to choose much riskier stocks in the hope you find that weird one that skyrockets in a short period of time. This is extremely hard to do.

I suggest this strategy.

1. Stock screen
a. Highest Beta
b. Lowest P/E
c. Lowest D/E
d. Less than 20% above 52wk. low.
e. PEG less than 1.
f. Current Ratio as high as possible

Now, depending on how good you are at analyzing a companies health, you can pick through the results to find the best of the bunch.


Posted by Marc Summers on Mar-07-2007 23:34:

that's all mumbo jumbo

friday I will sell and invest it all in ethanol


Posted by Krypton on Mar-07-2007 23:46:

Stock Screen


Posted by CrazedOut on Mar-08-2007 04:10:

Where to sign up?


Posted by chris harrington on Mar-08-2007 05:26:

signed up, what should i buy?


Posted by Sunsnail on Mar-08-2007 05:26:

coke


Posted by chris harrington on Mar-08-2007 05:53:

quote:
Originally posted by Sunsnail
coke


The beverage?


Posted by CrazedOut on Mar-08-2007 06:36:

Is there like a guide to stocks maybe? I'm so n00b


Posted by Krypton on Mar-08-2007 16:05:

quote:
Originally posted by CrazedOut
Is there like a guide to stocks maybe? I'm so n00b


Portfolio Fallacy
How to Win


Posted by SuspicionVandit on Mar-16-2007 05:16:

fuck this shit. i want nintendo


Posted by mezzir on Mar-16-2007 07:01:

sell sell sell!


whatthefuck!
i was up like .5% as of like three days ago, and i pop in now to do some hardcore trading and turn this portfolio around, and i'm down .91%
damnit!

how's anyone else doing?


Posted by SuspicionVandit on Mar-16-2007 14:31:

gayyyyyyyyy. the server is temporarily unavailable


Posted by BuffaloJared on Mar-16-2007 20:02:

I got my money in BUD, and CC lets see..


Posted by Eric Siefer on Mar-16-2007 21:36:

Well my total portfolio value is: 1,071,939.97
but after today it's probably going down about 10,000 or so.
I got lucky on a few stocks, and sold them at the right time.

I only wish I would have invested in cadburry schwepps a few days earlier. Still made money but I lost out on a lot.


Posted by SuspicionVandit on Mar-18-2007 23:37:

stop being fucking gay and let me buy nintendo


Posted by infinity HiGH on Mar-19-2007 06:19:

quote:
Originally posted by SuspicionVandit
fuck this shit. i want nintendo


That's who I'd invest in, if I was a "legal" US resident.


Posted by SuspicionVandit on Mar-19-2007 14:16:

Serially, this is the dumbest stock game i've ever played. the e*trade game was 100000000000000* better than this


Posted by SuspicionVandit on Mar-19-2007 19:59:

anyone familiar with peices of shit can tell me why i can't invest in Nintendo?
stock = NTDO.Y
i have it pending in several stock games but it never finalizes.
GAYYYY


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