Australian (ASX) Stock Market Forum

December Stock Tipping Competition Entry Thread!

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VOR thanks Joe.

In a steady downtrend for many months ...... A lot of volume a couple of months ago around the then lows caught the eye ....... Continues to drift lower on minimal volume ...... Drilling in December/January ...... Might get lucky and snag a spike:cool:
 
ASB please as a better direction than down is up.. which is to say I am guessing.....
 
Entries for the December competition are now officially closed, but there a couple of questions that I missed that I need to respond to. Anyone else with further comments or questions, please feel free to post them in this thread.

Joe..If this is going to be way to enter personal picks for the month... does it open up questions from other forum members to challenge the entrant for their reasons or is there a rule on no questions asked?

There is no need for anyone to be questioning others about their competition entry, unless that question is a genuine query and not just an attempt to goad or provoke. Even if it is a genuine query, there is no obligation for anyone to respond to a question about their entry. However, at the same time, I would urge those entering the competition not to ramp their stocks in the competition entry thread but to stick to the facts. Blatant ramping is a definite no-no anywhere on ASF.

Another question...Is it possible to have the sp of your pick as of the time of the post and not the beginning of the month? I noticed Crom with holding (perhaps) for that reason. If TZN announcement for example came out before the end of the month i probably wouldn't tip it if you get my drift.

The competition has always been designed so that the entry price for all entrants is decided at midnight on the last trading day of the month. This makes entering a trade off. If you choose early, and secure the stock that you are interested in, you run the risk of it making an early move, either up or down. If you choose late, you run the risk of someone else seeing potential in the same company and entering it before you. By making the time of entry an additional variable, it adds another strategic element to the competition and makes it more interesting IMO.
 
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