Hello all... well it's time to start thinking about your entry for the April stock tipping competition. The March competition is starting to wind down and at this point we have 10 entrants with a return of 10% or more. It will be interesting to see if Sandik17 can hold onto her impressive lead.
Thank you again to James and the team at Otrader for sponsoring the April competition. If you haven't taken a look at their amazing portfolio management software already click here to pay them a visit and see how it can benefit you!
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 March 1 and March 31.
The first placegetter will receive a year's subscription to their choice of either AFR Smart Investor, Money or Your Trading Edge magazine (or $50 cash). The second placegetter will receive the runner up prize of $25 cash.
You have until midnight on March 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 to all entrants!
Don't forget that Otrader are still offering a FREE copy of their great portfolio management software to the competition entrant with the best average return over March, April and May. The winner of this prize will be announced at the conclusion of the May competition!
N.B. If all goes to plan this will be the last stock tipping competition held with the current format. Thanks to the generosity and extraordinary programming skills of ASF member ctp6360, May should see the introduction of a new competition, completely different to the current one. In this competition all entrants will start with a bank of $100,000 and be able to buy and sell different stocks over the course of the month. You will be able to trade as often or as little as you like. The entrant with the most capital at the end of that month will be the winner. I'd like to thank ctp6360 for programming this competition for absolutely no remuneration whatsoever. It is an extremely generous gesture and I am very grateful to him! Thanks again Chris!