Monday Shorting Challenge - 06/12/06

[ChronicDDL]

Mondays Daily Shorting Challenge-

1. Post the ticker symbol of one stock you think will have the highest % loss on 06/12/06.

2. Your pick must be in before the opening bell Monday morning.

3. Your pick must be trading above $5 as of Fridays close to qualify.

4. This game uses the open price and not the previous days closing price as the starting price.

5. No duplicates, first member to post the symbol gets it.

This is a shorting contest and the member with the biggest % loss wins.

[bahroor]

CHNR please

[computeraces]

palm

[MoMoney4Me]

SMTC Semtech Corporation

[NATHAN LLOYD]

Peix

[aiki14]

NPO but I would have picked SMTC if Mo hadn't

[madcowdisease]

I would like SANM please.

[tekbubble]

Elmg

[madcowdisease]

I would like SANM please.

Damnit I didn't read the directions, notably #3. Let me have QQQQ

[Hanger]

Hov

[Seamus]

Btu

[ChronicDDL]

Todays winner is Nathan Lloyd with the pick: PEIX -6.91%, -$1.71

1st place: Nathan Lloyd, PEIX -6.91%
2nd place: Computeraces, PALM -5.36%
3rd place: Seamus, BTU -4.03%

This game uses the open price from today and not the previous days closing price as the starting price.

[MoMoney4Me]

Congrats Nathan Lloyd !

I should have picked one that I really owned and had to finally dump today.

ANAD opened @ $7.29 and closed @ $6.53, down over 10% in one day, and that's after dropping from $8.63 since first of month.

This market is kicking my a** !!! :cry:

[Seamus]

Should have picked KRY!

[Seamus]

Too bad that it is below 5$, a one day loss of 21%

[NATHAN LLOYD]

Thanks.

I had KRY shorted last week and dropped it because it didn't move the day I had it. Sometimes lacking patience doesn't pay off. My goal is to make small quick gains of 1-2% and compound my interest as often as possible. I might need to adjust this strategy some.