It seems to me the stock tipping competition should be revamped to do more than just pick one stock trip that you think is going to do well, and the winner being the money who has increased in price by percentage.
It just promotes people to pick penny stocks at say .1c and then they win because it rose to .5c, being a 400% increase in price.
If I could put in my (2 cent) request for a stock tipping competition.
Members get $100,000 funny money to buy any 10 stocks they think will go up in value of the course of a month/quarter/half year/year, what ever the period of time. No buying or selling once the date is set.
The winner is the one with the greatest price increase.
What do you think?
I agree that is a good idea, not sure how easy it would be to implement however. The current tipping is more a bit of fun, I don't think I have ever traded one of my entrants.
A reworking of the stock competition has been on the agenda for some time and is something I will be getting to shortly. I will also be increasing the value of the prizes and incorporating a third prize as well.
A reworking of the stock competition has been on the agenda for some time and is something I will be getting to shortly. I will also be increasing the value of the prizes and incorporating a third prize as well.
I's only kinky the first time. And somehow inappropriate? Ummmm was more thinking along the lines of:-
1st Prize $150 - towards a trading account or similar.
2nd prize $100 - magazine subscription
3rd prize $50 - cheque is in the mail
Grand prize after 12 months of playing could be an all expenses paid trip to my pearl farm whereby I could work you over until you have no fingerprints left or skin on your back after it has been flailed off with the cat o nine tails.
I's only kinky the first time. And somehow inappropriate? Ummmm was more thinking along the lines of:-
1st Prize $150 - towards a trading account or similar.
2nd prize $100 - magazine subscription
3rd prize $50 - cheque is in the mail
Grand prize after 12 months of playing could be an all expenses paid trip to my pearl farm whereby I could work you over until you have no fingerprints left or skin on your back after it has been flailed off with the cat o nine tails.