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April 2020 Stock Competition Entries!

Discussion in 'ASX Stock Chat' started by Joe Blow, Apr 1, 2020.

  1. Joe Blow

    Joe Blow Administrator Staff Member

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    Good morning everyone and welcome to the April 2020 stock tipping competition! :)

    This month's competition is proudly sponsored by FP Markets.

    FP Markets is an Australian owned and ASIC regulated broker with over 12 years experience and 35 industry awards including Highest Overall Client Satisfaction 5 years running. They facilitate trading in equities, indices, commodities, futures, Forex and Bitcoin via their MetaTrader4 platform.

    FP Markets offer 10,000+ equities, indices and commodities across all major international markets. All equity CFDs are DMA priced and 100% hedged. FP Markets are not a market maker so their interests are aligned with that of their clients. You can go long on everything listed on the ASX and international markets and they have the widest short offering of any Australian broker.

    This month there were a number of entrants who forgot to post in the thread of their stock tip in accordance with the competition rules: @mcgrath111, @dantoun13, @Muschu and @peter2. In a couple of cases, specifically BBUS and OOO, no threads currently exist. If this occurs now or in the future, please start a thread in the appropriate forum either immediately before or after entering. I will give the entrants who have not yet posted in (or started) the thread of their competition entry another 48 hours to do so. If they do then I will add them to the April competition.

    I'm sorry to be stickler about this rule, but if you introduce a rule for a specific purpose and then just ignore it, it ceases to have any meaning. It's nothing personal, it's just the rules. I hope everyone understands.

    Please note that you cannot rely on a post from a previous month. The post must be made in the month that you enter the competition.

    Could all qualifying entrants please check their entry and entry price and report any errors to me in this thread.

    Keep track of the results here: ASF Stock Competition Leaderboard

    Feel free to discuss the competition in this thread as the month progresses.

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  2. peter2

    peter2

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    OOO Thanks Joe.

    A couple of inverse ETF selections, I see. You could be a little late. I'm getting in early and selecting another commodity that's been sold off too much. There's another week of March to go but I reckon the Saudi's will wait it out until April. I hope the Crown Prince reads ASF.


    Couldn't resist this opportunity. ASF is more widely read than we thought.

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    PZ99 and explod like this.
  3. Faramir

    Faramir Very New Investor

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    Two days in and I am second :lol
     
  4. peter2

    peter2

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    I've exited 1/2 of my oil trade at 27.5 (bought near 20 with a iSL @19).
    Raised the exit stop to 23 (today's low) on the remaining half. Let's see what happens over the weekend.

    The OOO position should gap up on Mon's open and I'll consider selling some if the price is right.
    It's a long time until the EOM for this monthly pick. One never knows, perhaps the POO may rally back into the 30-40 range. I'm hoping that OOO will double (+100%) if it does.

    ps: I didn't realise that so many oil magnates read ASF (running gag).
     
    frugal.rock likes this.
  5. Faramir

    Faramir Very New Investor

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    This is what happened to my selection PNC: TRADING HALT!
    https://www.asx.com.au/asxpdf/20200408/pdf/44gt653gt5lmpp.pdf
    They hope to trade by 14 April.
    1): Am I now disqualified for good OR
    2): am I OK if PNC resumes trading before the end of the month?

    I was wearing the Yellow Jersey for at least 3-4 days.
    It was a joke selection but now the joke is on me.
    @debtfree (& everyone else) this is your chance to zoom past me.
    PNC Trading Halt could only mean bad news for PNC.
     
  6. debtfree

    debtfree

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    Yes I'm sure your ok and still in the comp.
     
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  7. debtfree

    debtfree

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    The visual journey of all entries so far in April's Monthly Comp. Great number of tipsters this month especially after last month. :xyxthumbs

    It's so good to see many in positive territory and great returns as well. :)

    I just realized it's the end of the week and time for a chart, I hope I have it all correct. It's gets a little hard keeping colors all different with more entries. Enjoy your long weekend everyone.

    Annotation 2020-04-09 225716.png
     
  8. Faramir

    Faramir Very New Investor

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    :lol :p week 1 and I have Bronze with a Trading Halt :roflmao: stock. Well done @Knobby22 with your yellow jersey and @Miner for Silver. PNC might remain in Trading Halt longer than 14 April - PNC is in a difficult situation. Less bargaining power during this crisis. Good luck everyone. Hope that your real portfolios is doing better this month.
     
    debtfree and Miner like this.
  9. peter2

    peter2

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    Nicely presented once again @debtfree . I hope you've got a screaming red bullet to go with OOO next week. OPEC+ are meeting as I type. The discussion is on the topic of production cuts. I'd love to see a reduction of 15 million barrels/day. POO would go back above $30/bbl and OOO will hit +100% for the month.

    That should put me over the top. . . whoa! where did @Knobby22 come from? I'll have to read the news re MSB.
     
    debtfree and Faramir like this.
  10. tinhat

    tinhat Pocket Calculator Operator

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    What I love about you people is you pretend you are intelligent when you are willingly impotent.
     
  11. PZ99

    PZ99 ( ͡° ͜ʖ ͡°)

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    Behave yourself or I'll tip GEAR next month :D
     
  12. debtfree

    debtfree

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    Once Joe's ladder finally updated I noticed (EMR) @travwj's STOCK was way out of alignment with Trading View's chart, I don't why it's showing 38.89% :cautious: as Joe's (13th placing) 20.97% is correct. Sorry travwj, grab a picture before it corrects on Tuesday.;)

    @peter2's is a little out as well, not that it makes any difference to the placings. It should be 19.92% and not 18.6%.

    Sorry about that guys but I've got no control over Trading View. :)
     
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  13. travwj

    travwj

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    Oh well out of the top 10, better get a screen grab before it is updated.
    Some good percentage increases this month after a shocker in March for most of us.
     
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  14. Faramir

    Faramir Very New Investor

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    Last week, PNC had the yellow jersey. Today, second last. :lol
     
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  15. debtfree

    debtfree

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    End of Week chart update of everyone's journey so far this month. Sorry not posted last night but totally swamped and as they say, better late than never. :)

    @travwj your line is still out % wise. It seems Tradingview has your starting price wrong and I don't know why :confused: sorry mate. Peter2 is a fraction out as well but not by much.

    Some big movers for the week. @finicky up 117.7% :xyxthumbs - @Faramir down 94.74% for the week :eek: - @Iggy_Pop up 68.75% for the week :xyxthumbs

    @peter2 I couldn't find a screaming red bullet for OOO but I filled up with petrol yesterday and boy oh boy, I was high fiving and slapping the bowser and yelling out "Thanks Pete" as you certainly put the mocker on the price of oil. At the same time I was feeling sorry about you not picking up 1st prize then I thought bloody hell, he's going to be saving easily $100 every time he fills up his Ford Super Duty. :laugh:

    Sector journey chart so far this month down below. Have a good weekend everyone.

    Annotation 2020-04-18 093240.png

    Annotation 2020-04-18 095205.png
     
    Trav., peter2, frugal.rock and 6 others like this.
  16. peter2

    peter2

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    And currently in last place is the representative from OPEC.

    wtf1.PNG
    I was in trouble the moment the Saudi's and Russia didn't agree to an immediate 10m/bbl/day cut in production. When they, Texas and Mexico did agree on some cuts it was too little too late. The world is awash in oil, black gold, Texas tea.

    Fortunately there's another week before the end of this month.
    My contacts within OPEC have been harder to contact this week. I've heard that many of them had heart attacks when the oil futures went negative.
     
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  17. Faramir

    Faramir Very New Investor

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    @peter2 I am not that far behind you. PNC had the luxury of experiencing two trading halts and bad news with its aborted take over ("White Knight to the rescue"). Near the beginning of this month, one stage PNC had the yellow jersey, then this week of sitting on the bottom until OOO sank faster.
    Oh well, at least I predicted that PNC would be bad whilst tipping but never expected this. As for OOO, I don't know who would have guessed?
     
  18. debtfree

    debtfree

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    The end of another week. The journey of all entries so far this month.

    Great 1 day move by @Knobby22 to take the lead. :xyxthumbs

    Once again sorry @travwj for your line being 20% too high, they gave you the wrong start price on EMR in Tradingview.

    Annotation 2020-04-24 181203.png

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  19. Dona Ferentes

    Dona Ferentes

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    Rooster to feather duster in a fortnight.
    +46 to -6

    (No news is good news)
     
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  20. finicky

    finicky

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    Get lost Knobby
     
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