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Re: John Bates post# 1516

Wednesday, 09/05/2007 8:17:43 AM

Wednesday, September 05, 2007 8:17:43 AM

Post# of 1538
niles: my final trade came on Friday 8/17, the last day for trading. I moved my double-down in CNRD, worth $2838.04 (up 41.9%) into CKGT and froze that up another 15.38% to 3274.53.

I had considered USOO and CNEH as well .... but CNEH appeared stalled around $0.67, up nearly 70% after the 10Q filing .... I didn't know they'd put out a PR the next week sparking another huge rally in the stock !

If I'd moved CNRD into CNEH at $0.67 (closing price on 8/17) instead of CKGT, and held it 2 weeks till the end of the contest, my final overall return would have been +84.95% instead of +27.98%, easily winning the contest by a nearly 50% margin. Darn, hindsight is perfect. CNEH rose 136% in those final 2 weeks, closing the period at $1.58.

Congratulations again on your win !

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