BooOYYyyAAHH SssKee-DaDdyyy!!...lol
Ladies and Gents,
This is an informal invitation to take part of the Mad Money Investment Challenge! The MM Investment Challenge is basically a stock trading game that provides players with $100,000 worth of e-Monopoly Money to buy and sell stocks trading on the NYSE and NASDAQ exchanges. This will exclude AMEX, OTC.BB and .PK stocks. In addition, the stock must trade over $2.00 a share and have a market cap of at least $100 million. Trading will commence on October 6th and top traders will be prominently displayed on a top ten leader board. The challenge will end December 20th and the winner will be announced on the Mad Money show! To enter, you must register at the site www.madmoneychallenge.com
Lol! This should be interesting. This should be fun and good for practice! I'm in....are YOU?
posted by Nick M. @ 10:19 PM
2 Comments:
Hey Dave,
its all good on the rec for the MM Challange! I just wanted to bring it up, since I saw Cramer mentioning it on his show. It sounds interesting, so lets see how we do on Oct 6! We should kick everyone's a$$ with our picks! Lets embarass his "home gamers"!lol!
Ys the market is looking very week, and I have been thinking of consumer confidence as well. With these outrageous gas prices, I wonder how the retail sector will be affected, during X-mas time. On one hand, you can argue that the gas prices will leave a lesser amount in the pockets of spenders and consumers,which of course will lead to lesser sales for retail stocks. On the other hand, you may have consumers who still want to spend money in retail to "treat themselves" and make themselves feel better about the gas prices. What I am seeing is a lot of insider buys in retail stocks that have been heavily affected by high gas prices, such as PCTY, REDE, SHRP, AEOS, SHLD and even SFP. I believe that stocks that focus on house hold appliances (like SFP) should do fine, and so will the companies that make the parts for LCD tv Screens (GLW, TRID, GNSS) and music players + phones(SNDK, AAPL, MOT) You can bet that AAPL will have a monster quarter due to the great success of the IPOD Nano!
DCEL should continue to due well. The Wireless Comm sector and any stock thats in that and the Wi-Fi VOIP,broadband etc, will do fine once winter sets in. I also like OS! It is cheap too! If you like Steel producers, also check out TS (kinda high, but still cheap) MTL and GGB! Those and OS are my favorites right now! Just stay away from TONS, and MT!
Hey thanks for the love, and I'm glad you like my picks! I like them too! I just wish I had money to buy all of them! Unfortunatly thats not the case, so Im stuck with playing small positions on very few! In due time! Alright Dave, Im off to study for a little! Check back later when I post up the "cheap oil picks" plus I will finish with the Canadan Stocks (which, I really, really like!)! Later Dave!
-Nick
Hey Dave!
I started working on the Cheap Oil stock section! Just in time for the rally too!
ALthough TONS and MT look cheap (especially TONS) I would still proceed with caution. Maybe there is some money to be made from a little gap up, but then again ,maybe they are going to stay down for a while. You have to ask yourself, how come TONS and MT are down when other steel stocks are doing great, despite oil prices! Whenever I see a stock that has fallen (way off the 52wk high) and I start to think, what if it starts to rally and get back on track, I take a look att TZOO and realize that it sometimes just doesn't ever happen! The truth is, you just gotta stick to the winners (OS, TS, GGB, etc)! Even though they are at or near their 52wk high, they are there for a reason...its cause they are "THAT GOOD" and they still have some more upside! LOl, anyways, before I lose my thoughts on this, Canadian Stocks....The only Canadian Stocks that are woth playing are the Oil and Gas stocks! Thats it! Nothing else is even worth it, at least in my opinion, in Canada! I know I haven't completley finished my Canadian Oil Stock section, but just keep your eyes on UEYCF, GSREF, WTOIF, PBGEF for now!
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