Pick 3 Contest 2 Rules
Only change is now everyone has 1 wildcard trade for the contest. Other then all rules are the same as the first contest.
It is truly simple you pick 3 different stocks they are all equally weighted and you’re done.
1) Deadline for Picks: Deadline will be 5/1/15 at the market close.
2) Duration of Contest: Contest will start Monday May 4th, and end Friday November 27th.
3) Trades: You Get 1 trade a month, so use it or lose it. (Freezes or selling stocks are unlimited, although every position will continue to remain separated, hence you can’t trade two frozen stocks into one name, because that would be essentially doubling down which is not allowed in this contest.)
4) $CASH$ can be 1 of 3 picks to start, or 0 out of 3 like it will be with mine.
5) There are no double downs allowed in this contest at any point.
Restrictions on stocks picks:
A) Minimum Share Price: .10
B) Minimum Dollar Volume: $7,500.00
C) Earnings are not required.
Other Info on Contest:
1) Only Cash dividend of 5% will be accounted for.
2) All picks need to be done on this board and not via PM so that we have a record. Also, you can never be sure if whoever you send it to is even around or reading PMs. If you post it on the board, it is permanent and fixed in time.
3) All picks will be "blind" picks. By that, it means they will have to be based upon the person's best guess rather than by seeing what others have done. When the picks are made, they will be deleted (hidden) from the board. Once the deadline passes, all picks by each person will be shown in the Ibox.
4) 15% Rule still in affect.
5) One Minor rule change: From 1rst contest You will have one Wildcard trade during the contest. Basically you only use your wildcard trade if you try to make a 2nd trade in a month. You only get 1 during the whole contest, so it is up to you when you want to use it, or even if you want to use it. Hope this helps.
Other than that have fun is the only other rule in this fun stock picking contest. Hope this helps.
