by Stock Picking Game
Before we get started, if everyone could check out my Twitter Page, I would appreciate it.
I am looking for 10 people to participate in a competition that I am going to hold here on my blog. Basically it is going to be a competition to see who can choose the best stocks. The catch is…. you have to choose 2 stocks in total. Now that may not be so hard, but the hard part is; one stock can be anything you want, the other stock has to be classed as micro-cap (market cap <300 million). That is where the hard part will be, trying to pick two quality stocks. All dividends are included in the capital gains on the stock. The competition will run from 18th May to the end of the 2017 year, so get your tips in now!
I will be weighting 60% on the any choose stock and 40% micro-cap stock.
Rules
| Rule Number | Rule | Description |
|---|---|---|
| 1 | Pick Any Stock | You have the choice to pick any stock you want, regardless of marketcap size. |
| 2 | Pick Micro-Cap Stock | You must pick another stock with a marketcap of less than 300 million (USD). |
| 3 | Dividends | Dividends are included in the return on investment. |
| 4 | Stock Picks | You do not have to actually own any of the stock, pick anything you want. |
| 5 | Stock Numbers | For this exercise, only one share of each stock will be used. |
| 6 | Currency | All prices will be displayed in USD with live conversion rates for those who do not pick stocks inside the US. |
| 7 | Weighting | The stocks will be weighted at 60% any pick stock and 40% micro-cap stock for scoring purposes. |
| 8 | Scoring | The performance will be based off the % increase or decrease plus dividends, not off dollars increased. |
Prizes
First Prize: Â Gold – Buy Hold Long Award to be posted on your site and 3 Guest Posts on my website.
Second Prize: Silver – Buy Hold Long Award to be posted on your site and 1 Guest Post on my website.
Third Prize: Bronze – Buy Hold Long Award to be posted on your site.
Fourth to Tenth: Shout-out on the final post thanking you for participating.
Are You Up To The Challenge?
Well, that’s about it, I will also be participating but will not be included in the prizes for obvious reasons, are you willing to try and compete for the Gold prize? Are you better than other dividend bloggers around? Can you beat me? Challenge…. accepted!
Interesting concept. Still probably need to clarify a few things. 1. Do you actually have to purchase the stocks you choose? 2. Is it only 1 share of each stock or a certain dollar figure? 3. What about the different currencies since you will probably have a few people from different countries choosing stocks from different exchanges? 4. Just make sure you keep a record from the beginning of the contenders choices so no one can cheat. Probably more questions but that is all that I can think of right now. Should be interesting to see how the competition plays out.
Excellent questions DD.
1) You do not have to own the shares.
2) Yes one share is used per stock choice.
3) I will use a live exchange rate. All figures will be in US Dollars.
4) As soon as people put their tips in I will record the price from that end of day.
Great questions, I will update the post to reflect this. Thanks
One more thing that is kind of important in scoring. What are you actually scoring us on? Are we trying to to have the best growth % or the highest dollar value increase? Either way, should be fun so I’ll give it a try.
Other great questions thanks. It will be % increase including any dividends over that time. Thanks.
How do we enter the competition? Do we just put them in the comment section here?
Sure thing Monkey! Go ahead! Cheers
Thank you for the invitation.
hihi, I pretty bad at picking stocks. But I’m in!
Excellent, you can leave your picks here once you have them or email me 🙂 Thanks for participating.
BLH,
I have emailed you my picks.
Let the games begin.
DM
Thanks DM. Entries close next Friday so I’ll add your picks to the list. Thanks for playing!
Are you basing it straight up on dollar increase or percentage increase? IE one share of Amazon my go up $25 while one share of GE might go up $2, but the increase would be a greater share of the price in GE’s stock than in Amazon which would alter picks.
Thanks Duncan. It will be a % increase including any dividends received over that time. Thanks.
Thanks for putting this together. Just emailed you my picks.
cheers
R2R
Excellent R2R. I’ll add your picks to the list. The list will be going public this Friday once the competition closes. Cheers
I’ll join if ETF’s count as a “stock”.
They sure do, as long as they fit the rules (one has to be under 300 million market cap), dividends included etc. Pick away Troy!
I’m in. I emailed you my picks.
I’ve added you. Thanks
Just sent you my two picks!
Thanks DivHut. Received. Will add you to the list. Cheers.
We like games 🙂 Hopefully there’s still a spot.
Mr DDU
There sure is. Closes Friday so better be quick! Thanks
Are you still looking for participants or is this closed at this point (being midday Friday)? Thanks!
There are still 2 spots left, comment your tips here and I’ll add them! Thanks for joining
General Stock: Mimecast Ltd (MIME)
MicroCap: Mackinac Financial Corp (MFNC)
Thanks!
Added, thanks for playing!
I’ll play if there is still room;
LB Limited Brands for stock pick
MVIS for micro stock
Added to the competition, you were the last open slot! Thanks
FYI
MVIS is Microvision Inc.
Thanks, you’re in, check it out!
I wanna play! 😀 Can I?
1. BPT (Prudhoe Bay) for stock
2. TZOO (Travel Zoo) for micro stock
Thank you!
Thanks for the tips Lilly. Unfortunately, the game is full at the moment, if there are more additions you will be the first on the list. Cheers