Hello all... and welcome to the February stock tipping competition entry thread!
With only a few days left in the January competition Ken has established a convincing lead of 73.08% with his selection CQT. Still very much within striking distance, having achieved a solid 53.95% return with BLG, is Moses. Rounding out the top three this month is xrider, who is sitting on a respectable 37.10% return with his pick NTU. Will Ken be able to hang onto his lead as we head into the final few days of this months competition..?
The good people at StockScan are sponsoring the stock tipping competiton again this month. StockScan is a unique 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 much 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 February 1 and February 28.
The first placegetter will receive a year's subscription to their choice of either AFR Smart Investor, Money or Your Trading Edge magazine... or a $75 gift voucher to be spent at the ASF Investment Shop (or $50 cash if you prefer). The second placegetter will receive the runner up prize of $25 cash.
You have until midnight on January 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!