posted
I wanted to propose an idea that I've been considering since last month. A board for a competition on stocks that would be for stocks specifically targeted as 8-ish month investments; bought at (late in this case), Easter, and sold 8 months later (before Christmas).
The big boards have way too many sketchy members and suspect posts, so I am hoping to get enough interested participants here.
I propose the following rules, (which I am open to suggestions for changing/amending):
1. Post your top 3 picks for greatest percentage of gain by COB Monday December 4th 2021, (8 months from last Easter).
2. You must have skin in the game, meaning you have taken a "new" position in your picks.
3. You have to post the ticker, date and PPS of your position, but the number of share you have is optional.
4. You can make a 1-for-1 exchange to your position at any point in the competition, but you must post the details of your "swap-out" at the time it is made.
5. Please keep discussion of any stock that is not in your 3 picks, or another members 3 picks to the other forums. (No pumping, bashing, scamming, generally sketchy business allowed).
6. I will sponsor an obnoxious 1st place trophy, plaque, or some other prize for the victor (probably less than $25 in value), and an equally humiliating prize for the loser!
7. Any market, but stocks only please; no options, mutuals, etc.
***Disclosure*** This is a friendly competition only. Participants are individually responsible for any losses, debts, or financial obligations. Neither I nor allstocks.com are responsible for the actions of any member. I am a very inexperienced/amateur trader, and my actions in this forum are not affiliated with any other organization, enterprise, individual or group of individuals. (I am currently employed by the US military, and am seeking free/open discussion of personal financial gain through investment).
taters77
posted
Anyone interested in participating? I want to begin the competition on the 21st of May, but can push is out another week if any need more time.
posted