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October Stock Tipping Competition Entry Thread!

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Joe Blow

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Good morning everyone, and welcome to the October 2013 stock tipping competition entry thread! :)

This month's stock tipping competition is proudly sponsored by eToro. As the leader in social trading, eToro provides a simple, transparent and enjoyable way to invest and trade in currencies, commodities and indices online. See who is trading what in real-time, follow the best performing traders and automatically copy what the best traders do. It's the smarter way to trade.

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Starting from the October 2013 competition, I have reduced the minimum number of posts required to qualify for the competition from 25 to 10. It is my hope that this will increase participation. It doesn't take long to reach 10 posts, so if you're interested in entering the competition, start posting today! :)

A quick recap of the rules for those not familiar with them:

1. You MUST have a minimum of 10 posts to enter.

2. Each entrant may choose one ASX listed stock. Options, warrants and deferred settlement shares are not permitted.

3. Stocks with a price of less than $0.01 are ineligible for the competition, as are stocks that are currently suspended from trading.

4. The winner is the entrant whose selected stock performs the best in percentage terms between October 1 and October 31.

5. The maximum number of entrants in the competition is 100.


The competition winner will receive $100. The second placegetter will win $50 and the third placegetter $25.

You have until midnight on Monday, September 30 to enter. However, in practice, entries can be submitted until this thread is closed. No entries submitted after that can be accepted for any reason.

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.

Each month we usually have some members who do not qualify for the competition but enter anyway. If someone who has selected a stock hasn't yet qualified for the competition, their stock is officially up for grabs! Just mention it when you post your entry.

Best of luck to all entrants! :D
 
Just a reminder to those entering to please post a brief reason explaining why you chose that particular stock. One or two sentences is enough, although more is always welcome.

Many thanks!
 
Hi

EHL - Potential trend reversal on 30/8 confirmed 2/9. Trade entry was planned for breakout of trend line. That was on the 3/9. entry on the 4/9.

I was lucky that reversal occurred on the first day of this comp. I see the stock peaked at 29c and now has formed a triangle. A large number of shares were bought after close. Will be an interesting week to see if this stock can hold on to the lead in this comp.

Shaker
 
Hi

EHL - Potential trend reversal on 30/8 confirmed 2/9. Trade entry was planned for breakout of trend line. That was on the 3/9. entry on the 4/9.

I was lucky that reversal occurred on the first day of this comp. I see the stock peaked at 29c and now has formed a triangle. A large number of shares were bought after close. Will be an interesting week to see if this stock can hold on to the lead in this comp.

Shaker

Hi JB

Can you delete these 2 posts. I posted in the wrong thread

Soz
Shaker
 
AHZ - my perennial favourite. They've announced a Rights issue today (at the slightly startling low buy-in of 0.05c), which saw a sharp drop from 0.085 to under 0.07 before stabilising for the day at 0.073.

While that saw quite a bit of tooth-gnashing, seeing as I recently topped up at 0.09, I'm returning to sanguinuity: this stock will rebound pretty fast once the dust settles. Its had quite a bit of spruiking lately, so I'm assuming there's many eyes on this one, even if it is a biotech with a market cap (at today's SP) of under $75 mil.

There's a bit more settling to be done on Wednesday, because then the shares are quoted EX rights entitlements (rights are pro-rata at 1 right for 5 held).

So come months end, SP will quite possibly be 0.07 or under. A pretty reliable base for a spring-back, IMHO.

DYOR, and good luck to all in the comp.

P.
 
LNC again please Joe. It's been disappointing over the last 2 months with a lack of information on new oil wells in the Gulf Coast of USA. Hopefully this will be reversed in October with successful new wells, possibly including a sub salt well that potentially is a "gusher".
We could also have some good news on the shale oil JV in Sth Aust.
 
AOK please Joe.

Fantastic rise in production, well funded, consistently placing new wells into production per month.
Management under-selling but over- delivering. :)
 
AVB, one of my favorites. Waiting for an announcement on 12ml of funding which is supposed to be this month. I think it may slip to October based on the annual report out today. Copper /Gold and with funding, soon to be a producer and a rerating of SP.
 
FAR
FAR Limited is the largest holder of exploration licences of any ASX listed oil and gas entity in Africa and has first mover advantage.

Kenya
FAR holds two highly prospective licences with strong farm-out potential in the heart of the Lamu Basin. Kenya's exciting and fast emerging oil and gas margin is drawing the attention of major international players, with close to 100% exploration success in the region and neighbouring areas.

Senegal
With high impact billion barrel potential targets, operator status and a large equity position, FAR is highly leveraged for success in Senegal. Offering world class oil accumulations, deepwater exploration activity in the West African region continues to gain momentum.

Guinea Bissau
Containing an existing oil discovery in shallow water, FAR's offshore Guinea-Bissau blocks offer considerable potential. Exploration and appraisal drilling is likely in 2013, supported by encouraging 3D seismic acquired across the Sinapa discovery and numerous large prospects and leads
 
Ill go with TPD(Talon Petroleum) again thanks Joe.

A successful flow from the Bonner 1H well would be transformational for the company.
 
RDM RedMetal again this month, thanks Joe!

Has been well beaten down.
Fundamentally unchanged, it should come back into favour.

Sooner or later, ... sooner or later!
 
PAA please.

Currently researching drug to suppress a variety of cancer cell lines, recently appointed a Dr Roger Aston who is supposed to be quite reputable in the field.
 
I'll try MYG again, thanks Joe.
Some people say gold will rally in October; not sure if they're right, but if they are, MYG's retracement should not drop below the 50% mark (3.8c) of the recent trading range and run back above the recent 5.2c High. (I hold already and shall keep a keen eye on it.)
 
PYM

My main reason for choosing it is that someone beat me to TPD (good pick, gerkin!), but PYM is sitting around its lowest point for a long time at a small fraction of the price it was not so long ago, and any good news about one of its shoddy wells or plans for the next one is likely to cause a bit of excitement.
 
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