Tipping Competition for Full CY 2019

[Joe Blow]

For those changing because they selected stocks that didn't qualify I think the entry price on the changed stocks should be the closing price on the day they were changed. That way the first five trading days of the year will have no impact whatsoever.

I have no problem if Smurf joins the competition on the same basis.

 

[Darc Knight]

Gotta give Sdajii credit, he's a character!

 

[Tumbarumba]

Sdajii may have lost the battle, but his passion if not his viewpoint has won my admiration!

 

[Joe Blow]

For me this isn't a battle, just a problem that needed to be solved. I hope that adjusted entry prices for those who have had to replace one of their stocks is a reasonable solution to that problem.

 

[barney]

Gotta give Sdajii credit, he's a character!

Agree DK .... Even though @Sdajii was giving me a bit of stick … different points of view are the life blood of a working Forum and a small amount of friction is perfectly healthy as long as there is mutual respect shown by those throwing the punches …..

 

[Darc Knight]

Agree DK .... Even though @Sdajii was giving me a bit of stick … different points of view are the life blood of a working Forum and a small amount of friction is perfectly healthy as long as there is mutual respect shown by those throwing the punches …..

^This should go in @Skate 's thread. Words of wisdom indeed

 

[barney]

For me this isn't a battle, just a problem that needed to be solved. I hope that adjusted entry prices for those who have had to replace one of their stocks is a reasonable solution to that problem.

Interestingly enough Joe …… part of my original suggestion regarding late entries … apart from including a "penalty" option, ….. also had the suggestion that:-

A Stock chosen as a late entry should be instated at the Price of either 31st December (if the SP is now higher), or, at its current SP (if it is now higher than it was at 31st Dec)

That way the punters who are late are not gaining any "unfair" advantage over those who got their entries in early. More to follow
PS Problems with my browser at present … if this post goes crazy forgive me

 

[barney]

^This should go in @Skate 's thread. Words of wisdom indeed

Thanks DK ….. you are far too kind

 

[Joe Blow]

Interestingly enough Joe …… part of my original suggestion regarding late entries … apart from including a "penalty" option, ….. also had the suggestion that:-

A Stock chosen as a late entry should be instated at the Price of either 31st December (if the SP is now higher), or, at its current SP (if it is now higher than it was at 31st Dec)

That way the punters who are late are not gaining any "unfair" advantage over those who got their entries in early. More to follow
PS Problems with my browser at present … if this post goes crazy forgive me

It's a good idea. I think systematic also suggested something similar. I was open to the idea of doing something for those who didn't get their entries in by the deadline but nobody contacted or notified me when I asked them to a little earlier in the thread. I was contacted privately by a couple of people, one who was very much against the idea of extending the deadline (not Sdajii) and one who was ambivalent but supportive.

However, I think the adjusted entry prices for those who entered stocks that didn't qualify is a good compromise. I certainly didn't anticipate this much drama over the competition.

 

[barney]

However, I think the adjusted entry prices for those who entered stocks that didn't qualify is a good compromise. I certainly didn't anticipate this much drama over the competition.

LOL … that's what happens when money becomes involved Joe

My apologies if I've inadvertently caused some of that drama

On the flip side … the Thread has been busy

 

[Sdajii]

Sdajii may have lost the battle, but his passion if not his viewpoint has won my admiration!

I don't see it as a battle. I gave my 2c, it wasn't taken, I think the forum is the loser. It doesn't really matter to me (unless in the extraordinarily unlikely event that I get beaten by someone who got an unfair advantage, and I otherwise would have won, which I didn't even consider until just now when you said I'd 'lost'. It's hardly gone unnoticed or unspoken about that this forum is moving in a direction most people don't seem to want, and I think there are many obvious reasons for it, this isn't a particularly big or important one, but it's part of the overall attitude of the forum which has been guiding it to where it is and on the heading it's on.

 

[Logique]

.. I certainly didn't anticipate this much drama over the competition.

Could be a turbulent year in the tipping comp, with a stewards inquiry before it's even started

 

[Parse]

Still a good point was made for next year. If the competition entry is started earlier, like a couple of months or more then it is quite possible someone could put in an entry say late November, then we get a large market fluctuation or something happens to a particular stock that was picked - suspension or a long trading halt or something, then all of a sudden that pick doesn't qualify by the rules - lack of trading in the last week or whatever.

So if the competition starts earlier then some sort of rule should be added on allowing a change if the criteria isn't met by a particular stock on Dec 31st.

 

[PZ99]

This tipping comp is turning into an enterprise bargaining agreement with a log of claims.

The Australian Govt will shut down as a result of this

 

[Darc Knight]

Some companies pay a fortune for this kinda promotion. Don King is an amatuer compared to Sdajii

It's like one of those Boxing weigh ins, where the two Boxers push, shove and trash talk to promote the fight

 

[barney]

Some companies pay a fortune for this kinda promotion. Don King is an amatuer compared to Sdajii

It's like one of those Boxing weigh ins, where the two Boxers push, shove and trash talk to promote the fight

It appears to be a cunning plan

 

[tinhat]

tinhat, are you able to come up with a replacement stock for CZI?

Hi Jo, my replacement for CZI is CGL, Citadel Group Ltd.

31 Dec close: $7.27
8 Jan (yesterday) close: $7.38
today open: $7.42

Please use whatever price you deem appropriate. As stated earlier, I am happy to have my entry withdrawn. You decide.

 

[tech/a]

Pete
I presume you canned my DNA pick as it didn't trade at 10c
and substituted PEX

 

[So_Cynical]

January 14 and i have 4 stocks in the green and im up about 14%
let Smurf in with Barneys rules....the big prize money has been a hoot.

 

[peter2]

End of January and the 2019 CY comp is off and running.

Don't rush me, I have to wait for the closing auction to settle and then another 20 min to account for the price delay. It'll take me approx an hour to enter the data and format it nicely for you all to see.

I know a few of you are on the edge of your seats waiting with anticipation. It would be better to use the time wisely.