Yes folks, it's that time of the month again! Time to shake out the cobwebs, scan through the watchlists and select the best potential performer for January, 2006!
Now lets quickly recap the rules:
1. You MUST have at least a minimum of 10 posts AND an average of at least 0.30 posts per day to enter. You can see your posts per day average by clicking on your user name and viewing your public profile... your average is displayed right next to your 'total posts'.
2. Each entrant may choose one ASX listed stock. Stocks with a price of less than $0.01 are ineligible for the competition.
3. The winner is the person whose selected stock performs the best in percentage terms between January 1 and January 31.
The first placegetter will receive a year's subscription to their choice of either AFR Smart Investor, Money or Wealth Creator magazine (or $50 cash). The second placegetter will receive the runner up prize of $25 cash.
You have until midnight on December 31 to enter. Those who qualify, please post your entries in this thread. Remember, once you have selected your stock, you CANNOT change it for any reason.
Good luck all!
P.S. Don't forget that Otrader will be giving away a free copy of their fantastic portfolio management software to the competition entrant who has the best average return over each three month period. The first copy will be given away at the end of February to the best performer over December, January and February. If you already own a copy of Otrader, you will win a license for a second PC that you can use yourself or give away to a friend or family member. Take a look at what Otrader has to offer now at www.otrader.com.au and get started with a 20 day fully functional trial!