What on earth happened to March? Seems like I just turned around and its almost over! Time to start thinking about your April stock tipping competition entries everyone!
Stockmaster is out in front again this month on the same stock, WMT, having achieved 67.74% return so far this month. In second place we have 2020hindsight, with his selection FMG, who is sitting on a solid 39.31% gain. Rounding out the top three is RichKid who is nipping at 2020's heels with COE and a 38.10% return. Can stockmaster hang on to take out the competition two months in a row? Should be an interesting last few days!
This month's competition is again sponsored by StockScan. 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. Please support the competiton sponsor by paying them a visit to see what they have to offer!
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 April 1 and April 30.
4. The maximum number of entrants in the competition is 100.
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 Saturday (no, not Sunday!) 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. Also, you must be qualified when you enter. Every month we have some members who do not qualify for the competition but enter anyway. If someone who has selected a stock hasn't qualified for the competition, their stock is up for grabs.
The best of luck to all entrants!