PICK 10...How about the first 15people to email me who are interested in a little fun for the next month or so will have a place in a little fantasy stock tournament(if I get more people we can look at a bigger tournament). I am putting together a very simple fantasy stock tournament, that I will help organize and track. The rules are below.
You start with $10,000 and can only pick 10 stocks. The stocks must be traded on the NYSE or the NASDAQ. Email me your stock names and symbols and the qty of shares you wish to have. Remember you must always have 10 different stocks at all times. I will keep a spreadsheet for each persons account.
If you wish to sell/buy a stock during this contest you must email me and post on the message board. To make this simple I propose all transactions be done over the weekend.
The winner will be determined by who has made the most money on their portfollio thru Dec 31. Winner to receive 25 $5chips. 2nd place to receive 12 $5 chips and 3rd place 8 $5chips. All the $1 chips will go up for auction and all proceds go to the building fund. This can be discussed at a later time.
FEES
Everyone who plays must be willing to put up 3 $5 clean chips. For all buy/sell transactions you will put in a $1 clean chip.
All the above are open for discussion. Any suggestions or comments are welcome. More to come once we get all the entries set up.
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