Greetings everyone! October is slowly grinding to a conclusion and it is time to start thinking about your entries for the November stock tipping competition!
With just four more trading days left in October ezytrader has a clear lead, sitting on a 134.21% return with his selection AUZ. Second and third place are currently occupied by stockybailx and three veiws of a secret with their selections APG and MBP, having achieved returns of 80% and 66.28% respectively. Will ezytrader be able to hang on to the top spot or will there be an upset?
The November competition is once again being sponsored by StockScan, a web-based ASX stock scanning utility. As a member, you can set up what scan(s) you wish to run at the end of each trading day. StockScan will automatically scan the ASX for you, notifying you by email of any stocks that match the criteria for your scans. StockScan also offers Direct Simulation backtesting, backtesting reports, stock and watchlist monitoring and more.
A quick recap of the rules for those not familiar with them:
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 entrant whose selected stock performs the best in percentage terms between November 1 and November 30.
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 October 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!