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Hey there. Here's guest blogger Timothy Sykes is back with his contest picks for the week. As he says, these are his early week picks--and will have more on Wednesday. Here he is: I don’t know about anybody else, but I look forward to Mondays. This will all change over the next few years when trading becomes 24/7, but for now Mondays are my favorite day of the week.
In case you didn't know it (but you probably did), the first week of earnings for the first quarter of the year is over. As we pointed out today in our look at contest stocks, earnings have had an affect--both good and bad on stocks you are picking. To get in the earnings mood, I've included a CNBC video news report here from Bob O'Brien. He looks at this past week, and to next week as well.
Here's our update of the most recent stats on the leaderboard, most active and the trivia questions in case you missed anything. And don't forget to read Jeff Mishlove's contest picks. (He picks for today.) We have video below of everything as well. We'll start with the trivia. The video question is worth $2,000 Bonus Bucks: Shareholders of Firstgroup will meet today to close a 1.8B pound takeover deal of what major U.S. services company? Your selection of answers is: Laidlaw or Southwest Airlines or National Express Group or Mac-Gray Corp.
Earnings are dominating the stocks you're picking--from the best to the worst performing. Playtex turned up in the best performers on news the company was buying Tike Hut Holding. Weak earnings hurt Spansion and Power-One. The most active and widely held remain pretty much the same, but Impac Mortgage makes an appearance in the most active.
Here's our re-cap of today--with the leaderboard, most active and widely held stocks as well as our trivia questions. We'll start there. The video question is worth $2,000 Bonus Bucks: According to this morning’s report, China’s first quarter GDP was up how much? The selection of answers are: 5.7% or 8.5% or 10.2% or 11.1%.
Here's the latest on what you're doing with stocks for the contest--and what they're doing to you!! It's pretty much dominated by earnings news, both good (LLTC) and bad (YHOO, ESLR). The most active and widely held lists remain the same. And a stock we took a closer look at yesterday, Seagate, had an impact on another stock--and not for the best. Here's the breakdown...
Nokia, the world's largest manufacturer of cell phones, said Thursday its first-quarter earnings fell compared to the same quarter last year, due to falling average selling price (ASP) of handsets and higher marketing and legal costs. Sales for the first-quarter grew, driven by strong growth in India and China, but at the expense of ASP.
Here's a re-cap of the stats today-- the leaderboard, most active and widely held stocks and of course the trivia questions. We do have a new name at the head of the pack--Serge Amelyan makes a big move from 7th place to the top spot ahead of Parker Robinson--but by only $28K. Here's all the info:
If you went to bed and woke up this morning thinking the world was quiet and that today was going to be a light day at the office, you may want to call in, instead of relying on your BlackBerry. Research in Motion confirms a massive, system wide blackout affecting all its 8 million subscribers that began around 8 p.m. ET Tuesday, and while service is being restored, it is still sporadic and may take much of the day to get back on line completely.
Motorola, the world's second-biggest mobile phone maker, posted a first-quarter loss on weak handset sales and gave new forecasts that raised fresh questions about when the company would become profitable again.
Here's a look at the contest stocks making news. Earnings boosted Jos A Bank to one of the best performing stocks--as the clothing store chain saw its income rise from a year ago. Also on the best performing list--East West Bancorp. We noted earlier that this stock pushed Serge Amelayn into the current top spot on the leaderboard. Here ya go:
Hey folks--here's an update of the lastest action from the leaderboard, to most active stocks. And of course we announced weekly winner #6--James Kraber. On another note, there was an error found in the news trivia question for today. Again, as we posted just a while ago, those who tried to answer the question will receive the value of the news trivia question: $1,000 in Bonus Bucks. Again--that's ONLY for those who tried to answer the question. Here's the update:
Hey there folks. Here's more on weekly winner #6 James Kraber. It's a beakdown of his contest strategy--with some numbers and stocks to go with it. James gained 53.85% since the close on Friday, April 6th where he had a portfolio value of $795,393.08 and ended the week after Monday's close with a portfolio value of $1,223,675.94.
A battle among Canadian pension funds and U.S. private equity firms is brewing for control of Canada’s biggest telecommunications company, CNBC’s David Faber reported. BCE, parent of Canadian phone company Bell Canada, confirmed Tuesday that it is in exclusive discussions to sell the company to a group of pension fund managers that would take the telecom private.
Here's our look at the stocks making our best and most active lists. Small caps seem to be the main focus among contest traders. And Freemont General is back strong--not only as a most active but as a best performer. It hasn't played itself out yet as news about selling some of the company's subprime loans had an affect. Also--news on Sallie Mae had an impact on more than just iteself. Take a look...
World champ poker player Chris Moneymaker retains his lead in Trading With The Stars--though actor Willie Garson climbed back into second. Only about $10,000 separates the two. The balance between the two will hang on Monday's (today's) performance of Moneymaker's purchase of Rio Narcea Mines and Willie's buy of Mattel. AND Johnny Bench fought his way...
Here's our look at contest stocks from Thursday's close to Friday's close. Old stand by Freemont General brought owners/sellers some new gains. The most active and widely held stocks remained pretty much the same as they have been. One of the best performers Cott, was up on consolidation news involving Cadbury. Here's the breakdown:
Good morning all. Parker Robinson and James Kraber maintain the top two spots on the overall leaderboard. As the leaders begin to amass more capital, they are starting to make less risky trades and diversify more. Parker's portfolio value stands at $2,826,461.09 up only $2,950 including $3,000 in bonus bucks.
It's a back and forth tug of war in Trading With The Stars between champion poker player Chris Moneymaker and actor Willie Garson--as Chris wrestles the lead back from Willie on his Krispy Kreme trade. This is turning into quite a "horse race" between the two--as each nudges into the lead only to be pushed back by the other. (we'll keep working on our metaphors if they keep doing this).
Folks--here's a sector breakdown from our crack analystical team on what's happening with the stocks you contestants are buying. And there's been a "sea change" for sure. The analyses run through 3/28, found that over 50% of the leaders' trades occurred in retail and technology. But the current analysis--run from 3/29 - 4/10, shows that the contest leaders are now much more diversified with the top group only comprising 8.07%.
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