Weekly Stock Challenge 11/21/2008

[Thierry Martin]

OnlineTradersForum.com Stock Picking Challenge

Pick the highest percentage mover and win your win will be recorded next to your name in the forum.

Choose any stock that trades in the US market that closed at $2.00 or over with at least 100,000 share volume as of the Friday close before the contest starts on Monday.

Your entry price will be the market open price on Monday.

A brief rationale for your pick makes the contest more fun.

[ZaNoob]

long GM
market bounces next week and bailout chatter
bailout won't happen here so GM better have enough cash until January

[Albert0373]

SOL long in anticipation of earnings on Tuesday.

[Justmakinmoney]

skf short

[stideas]

CLF long please...

sti

[Thierry Martin]

Short GM because the world is coming to an end.

[johnlvs2run]

sds short

[psychOnAcycle]

GT short...we can all laugh at my pick if GM gets cashflow injected, otherwise...i gthink itll be a good pick

[none9999]

LDK long please

[simpletradesnet]

SNV short

I think it will gap higher at the open(good for a contest shortpick) because it is getting part of the bailout, but will drop this week when the realization sets in that now the Fed govt and its preferred shares steps ahead of the common shareholders.

[rkahn]

SYNA long

[madcowdisease]

MGA (short)

The auto industry is where the action is this coming week with the Senate opening the issue for discussion. I foresee expectations may be high in the beginning of the week and F and GM could pop. However, in typical congressional form bickering will dominate and nothing productive will actually transpire this week and the autos deflate back the their lows or lower by the weekend.

[Pinguin]

JASO long . . . looking for a continued bounce off of $2

[ZaNoob]

I was going to reverse my position on GM but I see it has been taken. No news is good news for GM. Any bailout will come with handcuffs. No bailout and they are where they are. Massive debt and book price per share is extremely negative. Not to mention the obviously bad economic fundamentals. Any bounce and people will sell.

change my position to
AKS long, thanks

[bigzip]

ASTI long

[1960vw]

FTEK long, thanks!

[beck1]

i am sure you are talking about short!!
after i analysis this weeks Economical indicators i got that every importent data suppoed to show the weakness of the economy, therefore marekt would declie throughout the week.

however, technially there is a huge space for the marekt to go up for a adjustment in the mid of the week.

so go for short now or you may wait till tuesday to get a better opening.

thanks,

[aiki14]

MS Long

[Luvnrio]

XIDE Short please

[BillBalawski]

zinc long

[TheChartGuru]

Sprint (S) short

The Guru

[Florida]

URE long

[Thierry Martin]

3867

[Thierry Martin]

3876

[johnlvs2run]

Thanks and congratulations Thierry.

Is there a post that has the rules, days and formula for the contests.

[Thierry Martin]

Thanks and congratulations Thierry.

Is there a post that has the rules, days and formula for the contests.

Well, the first post in this thread (http://www.onlinetradersforum.com/showthread.php?t=67742) has all the rules you need to know. And perhaps you think this if Friday like I did for a few minutes today - my kids are off school tomorrow and the next day, so I thought it was the weekend. The contest has two more days to go, actually! Plus I'm only in second place.

[Thierry Martin]

3883

[Thierry Martin]

Congratulations to TheChartGuru for another outstanding win during wild times in the stock market.

3887