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CNBC's Million Dollar Challenge (pg. 3)
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| nchs09 |
| invest in delta, that goes up and down.... probably gonna go up soon.. |
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| mezzir |
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 :p |
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| Marc Summers |
| quote: | Originally posted by mezzir
international flavors and fragrances :haha::haha: |
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! |
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| mezzir |
| 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!!!! |
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| 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. |
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| Inconspicuous |
link?
btw, golf stocks are all cheap as dirt. |
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| Marc Summers |
| 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! |
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| Igaryok |
| I signed up for that once, and basically there were people that were making 80% returns daily. Yeah that's very real. |
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| Krypton |
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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| Marc Summers |
that's all mumbo jumbo
friday I will sell and invest it all in ethanol |
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| CrazedOut |
| Where to sign up? |
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