Greetings all... well April has almost disappeared on us and its time to start thinking about the May stock tipping competition. There are only three more trading days left in this months competition and it seems Profitseeker, WayneL and Prospector are fighting it out amongst themselves for the top spot. All three have achieved returns of more than 50% so far and it is looking as though there could be another cliffhanger in the making this month!
Thank you once again to James and the team at Otrader for sponsoring the May competition. If you haven't taken a look at their amazing portfolio management software already please click here to pay them a visit and see how Otrader 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 May 1 and May 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 April 30 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. The new competition has had to be held over until June as it has required a little more testing than was originally anticipated. Thanks again to ctp6360 for all his efforts!