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TranceAddict Forums > Main Forums > Chill Out Room > CNBC's Million Dollar Challenge
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nchs09
Traceaddict in training



Registered: Sep 2003
Location: Inside your mum

invest in delta, that shit goes up and down.... probably gonna go up soon..


___________________
quote:
Originally posted by Halcyon+On+On
OOKA-OOKA ME NACHOS ME PRESS KEYS ON COMPUTER GOOD

Old Post Mar-07-2007 19:40 
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mezzir
BEES?



Registered: Nov 2002
Location: assachusetts

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


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http://www.youtube.com/mezzir

Old Post Mar-07-2007 19:41  Niue
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Marc Summers
I must behave



Registered: Jan 2005
Location: New York, USA

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!


___________________
"You won a new refrigerator, great! Where you gonna put it?" - Tony Danza

Old Post Mar-07-2007 19:42 
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mezzir
BEES?



Registered: Nov 2002
Location: assachusetts

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!!!!


___________________

http://www.youtube.com/mezzir

Old Post Mar-07-2007 19:43  Niue
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luisjb82
Real Madrid Addict



Registered: Jan 2006
Location: home...

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.


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...

Old Post Mar-07-2007 22:49 
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shaw
RIP



Registered: Jan 2005
Location: Intergalactic Mimosa Station

link?

btw, golf stocks are all cheap as dirt.


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> S u s h i p u n k . P h o t o g r a p h y <

Old Post Mar-07-2007 22:52 
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Marc Summers
I must behave



Registered: Jan 2005
Location: New York, USA

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!


___________________
"You won a new refrigerator, great! Where you gonna put it?" - Tony Danza

Old Post Mar-07-2007 22:52 
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Igaryok
Supreme tranceaddict



Registered: Jul 2006
Location:

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

Old Post Mar-07-2007 23:01  Ukraine
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

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.


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Old Post Mar-07-2007 23:33  Korea-Democratic Peoples Republic
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Marc Summers
I must behave



Registered: Jan 2005
Location: New York, USA

that's all mumbo jumbo

friday I will sell and invest it all in ethanol


___________________
"You won a new refrigerator, great! Where you gonna put it?" - Tony Danza

Old Post Mar-07-2007 23:34 
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

Stock Screen


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Old Post Mar-07-2007 23:46  Korea-Democratic Peoples Republic
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CrazedOut
Supreme tranceaddict



Registered: Dec 2005
Location: Hollywood

Where to sign up?

Old Post Mar-08-2007 04:10  United States
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TranceAddict Forums > Main Forums > Chill Out Room > CNBC's Million Dollar Challenge
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