September Stock Tipping Competition Entry Thread!

[Joe Blow]

Entries for the September stock tipping competition are now open! This month sees the introduction of a new rule. From the September competition onward I have decided that stocks with a price of less than $0.01 are ineligible for the competition, so please make sure that your selection is well above this level before entering it.

The good people from Marketech have again sponsored this month's competition. If you are interested in either CFD's or margined foreign exchange trading and haven't checked them out already, pay them a visit them at www.marketech.com.au. They will be more than happy to answer any questions you might have.

Now it's time to recap the rules:

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. Stocks with a price of less than $0.01 are ineligible for the competition.

3. The winner is the person whose selected stock performs the best in percentage terms between September 1 and September 30.

The first placegetter will receive a year's subscription to their choice of either Shares, Personal Investor, Money or Wealth Creator magazine (or $50 cash). The second placegetter will receive the runner up prize of $25 cash.

You have until midnight on August 31 to enter. Those who qualify, please post your entries in this thread. Once selected, you CANNOT change your stock for any reason.

Best of luck to all entrants!

 

[el_ninj0]

MGX for me thanks.

 

[doctorj]

Happily holding these this month - so far, trades have gone as expected. Looks to be making a move to testing the upper end of the channel. Macro factors and the convergence of various timelines for the company also support this upswing and may test the strength of resistance at the top on the back of potential dramatic improvements to cashflow.

Disclosure: I hold.

 

[chicken]

I stick with SBM...St Barbara Mines...more news will come out

 

[canny]

I'll stick with NEO please Joe - if it doesn't take off this month I might give up!!!

 

[son of baglimit]

oh the choices the choices - ummm - FRE

 

[excalibur]

Hi Joe,

I`ll go for NEC please.

Thanks,
EX

 

[Fleeta]

I'll jump back on PPY - hopefully the trend is my friend.

 

[mime]

CUE for me.

 

[crocdee]

i'll take AIM again thanks Joe

 

[canny]

Jeez - we're stuck in our ways!!!
I think I'll find one from left field next month!
It's a good to watch day on the market to-day, so no-one's sure whether they'll be picking their tip 'at the bottom' by end of month.
I'll curse if NEO release a good ann on Tuesday and it takes off before close of business!!!

 

[Happy]

MDM my high risk choice.

Other High Paper Risk No Real Pain could be: EWC GCR GGY

 

[krisbarry]

I will take BTV, thanks

 

[bailej03]

I'll choose ADY since Croc-dee got AIM. Probably would choose AIM for % gains but nevertheless ADY flys when it gets going.

 

[clowboy]

SOO thanx

 

[sam76]

vsg please joe

 

[Chief Wigam]

Joe,
Regarding the number of posts per day minimum criteria, I assume this is calculated from the time you join as a member. In my case I stopped trading for a few months whilst overseas, shortly after I joined, which means I have got a long way to go to catch up to 0.30 posts per day. I guess this is just bad luck?

 

[Joe Blow]

Joe,
Regarding the number of posts per day minimum criteria, I assume this is calculated from the time you join as a member. In my case I stopped trading for a few months whilst overseas, shortly after I joined, which means I have got a long way to go to catch up to 0.30 posts per day. I guess this is just bad luck?

Hi Chief Wigam,

Yes, unfortunately that's the way the competition works.

However, 0.30 posts per day is slightly less than one post every three days so it is possible to catch up fairly easily by participating regularly in the forums. With only one post a day you should be able to get back to an average of 0.30 posts per day within a few months.

 

[clowboy]

What date is the purchase date of entries?

1st of the month or time of posting?

 

[Joe Blow]

What date is the purchase date of entries?

1st of the month or time of posting?

Clowboy,

The entry price for the competition is the price of the stock at the close of trade on the last trading day of the previous month.

This is where it becomes a bit of a dilemma, especially as entries cannot be changed for any reason. You can choose early to get the stock you want, but you are then subject to price movement in between the time you post your entry and the first trading day of the month. Alternatively you can hold out until the night before the competition begins, but someone else might have already selected the stock you want.