The January competition is now down to the last few days and with only five out of 63 entrants currently in the black this month, things are looking decidedly grim! tigerboi is currently in front with NGF, sitting on an 11.88% return. In second place we have So Cynical whose selection LGL has achieved a return of 4.71% so far this month. Rounding out the top three is sam76 with CDS, which has returned 3.85%.
The February stock tipping competition is once again kindly sponsored by IG Markets. IG Markets was the first company licensed by ASIC to provide CFDs, and has continued to lead the way in terms of service, range of markets and innovative products. IG Markets offers a choice of two outstanding trading platforms that give you the power to trade on thousands of global markets at the click of a button. Guaranteed market prices on all shares, low commissions, and superior service, look to IG Markets for the winning solution.*
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. Options, warrants and deferred settlement shares are not permitted. 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 29.
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 Thursday 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. 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! Just mention it when you post your entry.
The best of luck to all entrants!
*A Product Disclosure Statement for this product is available from IG Markets Ltd and should be considered before deciding to enter into any transactions with IG Markets Ltd. ABN 84 099 019 851. AFSL No. 220440.