August Stock Tipping Competition thread!

[Joe Blow]

This is the official August Stock Tipping competition thread!

Any member who has a total of ten posts or more by the end of the month is entitled to enter. You may choose one ASX listed company. The entrant who chooses the company with the best percentage price gain over the month of August will be the winner.

The winner will receive a years subscription to their choice of either Shares or Personal Investor magazine. The second placegetter will receive the runner up prize of $25 cash.

Remember once you have made your entry post, you may not modify it in any way.

Good luck!

 

[stockGURU]

Re: Official August Stock Tipping Competition thre

I guess I'd better hurry up and get to 10 posts then!

I want to have a go at this competition.

:

 

[stefan]

Re: Official August Stock Tipping Competition thre

Ok, so here we go. My pick is MUL for August. You can read the MUL section on this board to check my reasons.

Happy trading

Stefan

 

[Joe Blow]

Re: Official August Stock Tipping Competition thre

Ok, so here we go. My pick is MUL for August. You can read the MUL section on this board to check my reasons.

Happy trading

Stefan

Stefan, I REALLY hope you are right.

8)

 

[crocdee]

Re: Official August Stock Tipping Competition thre

charts are improvig announcements are forthcomming however i believe it will be very heavily traded when it happens 4.5c is its main resistance at the moment
lets hope they bring it on soon
croc

 

[stefan]

Re: Official August Stock Tipping Competition thre

OK guys, now let's not make this another MUL thread ;D . This is the stock tipping thread and I would hope that others will post their favorites here soon! There's plenty of MUL in other threads.

Happy trading

 

[jkool]

Re: Official August Stock Tipping Competition thre

Wait up guys I am still few posts away

What or where are the rules for the comp though? Do we just throw around tips in this thread?

 

[JetDollars]

Re: Official August Stock Tipping Competition thre

I pick GTM (Giants Reef Mining Limited).

 

[richbb]

Re: Official August Stock Tipping Competition thre

Hi, All,

It seems not so many people interested about the tipping. Well, just for fun, I pick up SNN-Sonnet for August. Entry price 0.275, my 31/8/04 target is .30+.
By the way, I've had my serious money already in it.

I'll put another post into SNN thread.

Good Luck to All

Safe Trading

richbb

 

[stefan]

Re: Official August Stock Tipping Competition thre

Joe,

May I suggest you create a new thread where you (and only you) keep a list of tips so that we can all check this thread for a quick overview?

People should post their picks here and you then list them in another thread. Otherwise this thing will become difficult to read.

Happy trading

Stefan

 

[Joe Blow]

Re: Official August Stock Tipping Competition thre

Joe,

May I suggest you create a new thread where you (and only you) keep a list of tips so that we can all check this thread for a quick overview?

People should post their picks here and you then list them in another thread. Otherwise this thing will become difficult to read.

Happy trading

Stefan

Good idea Stefan.

I will be starting a new thread tomorrow (one only I can post in) where I list people's entries and add weekly updates!

 

[stefan]

Re: Official August Stock Tipping Competition thre

Joe,

Thanks for that. Of course this will only be needed if we see more picks being posted. Is there actually a dead line as to when you have to put your pick in?

Happy trading

Stefan

 

[stockGURU]

Re: Official August Stock Tipping Competition thre

I'm picking OXR

;D

 

[Joe Blow]

Re: Official August Stock Tipping Competition thre

Joe,

Thanks for that. Of course this will only be needed if we see more picks being posted. Is there actually a dead line as to when you have to put your pick in?

Happy trading

Stefan

The deadline is midnight tonight!

 

[GreatPig]

Re: Official August Stock Tipping Competition thre

Okay, I'm going to be a bit boring and choose a higher-priced stock. I'm choosing Redflex Holdings (RDF).

Last close was $3.03 but they're on a zooming up-trend. If they can keep up the pace, then another month might see them at $3.50 or more. That would be about a 17% increase.

Sorry all you RDF holders, but now that I've picked it, you haven't got a chance ;D.

GP

 

[stefan]

Re: Official August Stock Tipping Competition thre

Great Pig,

Why would you be boring by picking RDF? I find it much more interesting and if I wouldn't be deeply involved with MUL, then I would have picked something more expensive and reputable. So for the next contest, I might have to come up with NAB

Happy trading

Stefan

 

[GreatPig]

Re: Official August Stock Tipping Competition thre

Stefan,

you be boring by picking RDF?

I just meant in the sense that it wasn't one of those few-cent shares that can quite easily go up or down by large amounts (well, not down by any more than its value ).

RDF has steadily been waving its way north, so hopefully it will keep doing so.

GP

 

[positivecashflow]

Re: Official August Stock Tipping Competition thre

Im punting on SFE Corporation Limited (SFE) ;D

Cheers,

J.

 

[jkool]

Re: Official August Stock Tipping Competition thre

I go for AXA. No special reason it only seems to suit my strategy atm.

 

[still_in_school]

Re: Official August Stock Tipping Competition thre

Hi Guys,

ROC -  ROC Oil Company Ltd...  (currently holding)

Technical side

RSI - nice momentum and push over "45"
STT - nice early warning, the stochastic oscillator has broken up from below the "20"
Volume - nice and liquidity

going on previous history, targeting a move towards $1.80

Cheers,
sis