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OK folks, here we go. I have taken into account everyone's feedback when deciding on the final rules. I hope that you will all give the competition a go even if you don't agree with all of them.
The final rules for the 2017 full year stock tipping competition are as follows:
1st Place: $200
2nd Place: $100
3rd Place: $50
Entries are now open. Please enter at your convenience by posting your entries in this thread.
The final rules for the 2017 full year stock tipping competition are as follows:
- Each entrant must select five ASX listed stocks.
- No stocks that are trading at less than $0.01 on the day of entry may be entered.
- A stock must have traded at least $100,000 in value in the five trading days prior to entry to be eligible.
- The competition will run from Monday, 2 January 2017 to Friday, 29 December 2017.
- Entry prices will be the price at the close of trading on Friday, 30 December 2016.
- Entries close at midnight on Saturday, 31 December 2016.
- Each entrant is allowed to change two stocks between 1 April 2017 and 30 September 2017. To effect a change, the entrant must post the details of the change in the competition thread. The exit price of the exited stock and the entry price of the new stock will be calculated at the close of the final trading day of the month the change takes place.
- If a stock is taken over it can be replaced. The exit price shall be taken to be the takeover price. The new stock must be nominated before the date the taken over stock ceases trading and the entry price of the new stock shall be taken to be the closing price on the day the taken over stock ceases trading.
1st Place: $200
2nd Place: $100
3rd Place: $50
Entries are now open. Please enter at your convenience by posting your entries in this thread.