May is almost upon us! Time to start thinking about your entry for the May stock tipping competition...
Rub92me and pacer are neck and neck this month as we head into the final few days of the April competition. Rub92me is currently is first place with ADY having achieved a remarkable 74.07% return so far this month. Closely behind in second place is pacer on SLA with an impressive 72.60% return. Rounding out the top three for April is the winner of the last two competitions, Stockmaster - on the same stock once again - WMT, having achieved another solid return of 65.38%. What do the last few days have in store for our current top three? Will there be an upset? Stay tuned ASFers!
The May competition is once 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 May 1 and April 31.
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 Monday 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. 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 officially up for grabs!
The best of luck to all entrants!