Stock Picking (Beat Boho) Contest - V2.0

[Fermion]

Quote:

Originally Posted by sengsational That looks like it. Netting that, your total is $710K. Back to 21st place Looks like you had as many as 40,000 shares at one point, it looks like.

Yes. I was just going to put the whole portfolio in Endocyte but got frustrated with the contest rules (which were reasonable actually). If I spend 20 days buying a stock, I want it to be real money!

[nvestysly]

Okay, I've only been participating in the game for just over one month and find myself right in the middle of the pack with my ho-hum, large cap, mostly dividend paying stock portfolio.

Unfortunately Investopedia apparently doesn't provide a means of dividend reinvestment (bogus) and even worse Ivestopedia seems like they don't even register the dividends at all (completely bogus!). I've contacted Investopedia but no response from them at this point.

The game is still fun and I'll keep watching. I have no plans to make any trades as I am a set-it-and-forget-it investor.

[Boho]

I never looked into that, but DRAD is known for really good dividends and it would be nice if I actually benefited from them.

I think non-traders should have two accounts in the game, one for investing as they normally would and one for trading for fun. I don't think most non-traders know how good or bad they are.

[braumeister]

Quote:

Originally Posted by Boho I never looked into that, but DRAD is known for really good dividends and it would be nice if I actually benefited from them. I think non-traders should have two accounts in the game, one for investing as they normally would and one for trading for fun. I don't think most non-traders know how good or bad they are.

Agreed. It is, after all, a game.

[sengsational]

I thought dividends were being credited to your cash. At least I've been getting at least some dividend income.

Earlier I noticed that "the books didn't balance"...I'm shy about $68 if I take all buy, sell, and "corporate action" (dividend) transactions. I might spot-check some dividends just to see if they're credited.

Edit: I only checked a few, but found they did credit me with dividends for those.

[harley]

Quote:

Originally Posted by Boho I think non-traders should have two accounts in the game, one for investing as they normally would and one for trading for fun. I don't think most non-traders know how good or bad they are.

I'm not sure that's true. I think a lot of us non-traders are non-traders exactly because we're learned how bad we are as traders. Been there, lost that (with real money).

[REWahoo]

Quote:

Originally Posted by harley I'm not sure that's true. I think a lot of us non-traders are non-traders exactly because we're learned how bad we are as traders. Been there, lost that (with real money).

^ What he said.

[nvestysly]

Quote:

Originally Posted by nvestysly Okay, I've only been participating in the game for just over one month and find myself right in the middle of the pack with my ho-hum, large cap, mostly dividend paying stock portfolio. Unfortunately Investopedia apparently doesn't provide a means of dividend reinvestment (bogus) and even worse Ivestopedia seems like they don't even register the dividends at all (completely bogus!). I've contacted Investopedia but no response from them at this point. The game is still fun and I'll keep watching. I have no plans to make any trades as I am a set-it-and-forget-it investor.

I just looked at my Investpedia account again and I see that several dividends were paid as cash. So my "completely bogus" comment is unfounded. As of today I'm sticking with my "bogus" assessment that dividends cannot be automatically reinvested. When I accumulate a reasonable amount of cash I'll buy more of a selected stock but that's not nearly as effective as automatic dividend reinvestment.

[sengsational]

Doesn't the increased demand posed by all those people taking the easy way out (dividend re-investment) push up the price the day when the dividend is paid? I don't know how this works in the real world...never researched it...but "logically", there's an unnatural huge demand on the payable date. Maybe "bogus" will actually let you get a better price?

[easysurfer]

Just checked the rankings today and guess what? Boho is now in last place.

But the bright side for Boho is down less than 8% since contest start.

I'm steadily, sitting in 9th place out of 22 entrants .

[ERD50]

Quote:

Originally Posted by easysurfer ... But the bright side for Boho is down less than 8% since contest start. ...

But what is more relevant, is the stock-picker is down 16.75% points below the "take a nap" portfolio of nunnun.

-ERD50

[Lawrencewendall]

October's dividend for AGNC posted today. September's is still MIA to the tune of roughly 5k. Glad my real portfolio paid out.

[Boho]

I have $503,215.55 cash. I'm just waiting to feel like doing the research I want to do. I'm glad that I could trade again.

[Fermion]

Boho is not really in last place. My short of Kite has firmly put me in that seat. I don't know when it will settle but I shorted a lot at $90 and it got bought at $180.

[Fermion]

Boho, put everything in CLSN. I bought 2000 shares in real life yesterday and am up 11% but there is talk of it going from $4 to $6 by Friday. You can buy $500,000 if the volume is high enough and beat the tar out of these other fellows. I would do it myself but I forgot my log in password and it is not worth the effort to get a new one.

[Boho]

I did some of the research I wanted to do and didn't find anything. I'm selling ARNA when it hits $27.70 and I'll re-buy if it drops after that. I'll keep trading ARNA like that for a while and I'll chicken out when I hear of an upcoming ARNA announcement, assuming I keep track.

My $503,215.55 cash will have to sit there until I find something.

[easysurfer]

Folks are a leaping ... The hare vs the turtle.

Spudd just jumped from 21st to 10th place (gain of over $106K) and nipping at my heels.

[Spudd]

Yes, my investment in HMNY has really paid off. Too bad I didn't buy it in real life!

[nun]

Quote:

Originally Posted by ERD50 But what is more relevant, is the stock-picker is down 16.75% points below the "take a nap" portfolio of nunnun. -ERD50

What?.....sorry......you woke me up. I'm off to bed again, all this investing is tiring.

[Boho]

I'm interested in LINU. I have an order for 70,000 when it drops to $1.72. It's currently a few days after a jump and I can get an idea of what near term fluctuations to expect and where the price will stabilize. Same as a previous strategy I used except I'm waiting a few days longer before buying. I'll diversify a little more too.