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Good morning all. We are going to be a little short on information today, but rest assured we are working on getting what you need. We will not have individual results or rankings for the 20 finalists today in the Million Dollar Portfolio Challenge or the Second Chance contest, but we can tell you what stocks were the most popular today. Don't worry--we will have the individual results after the close of today's (Tuesday) trading.
Well, with a name like Moneymaker, you'd think he'd do better than last place, but that wasn't the case for world champion poker player Chris Moneymaker. As we told you, Chris finished dead last and in 10th place in Trading with the Stars. But no matter, his favorite charity--Wounded Warriors--got $5,000 for having Chris just play. Thanks Chris for taking the time to be part of Trading with the Stars.
Hey folks--here are the final contest standings as we start the last two weeks of the Million Dollar Portfolio Challenge. Serge Amelyan is the owner of the top portfolio by dollar value in the contest followed by Shi Nisman who have both hovered near the top of the list for a few weeks now. Serge did not break the $5M mark but managed to chalk up a 388% return over the last 10 weeks. More than $1M separates Serge in first and Barry in 10th.
Here's our re-cap of the day. Remember, the two week finals begin this Monday for both the Million Dollar Portfolio Challenge and Second Chance Showdown (open to all non-portfolio challenge finalists who have opted-in). All players in both contests start Monday with a fresh portfolio of $1,000,000 CNBC Bucks--and each player has only one portfolio. There are no more trivia questions for Bonus Bucks--today's the last day for them. And if you think you will be weekly winner #10, check your email--starting tonight--to see if we've contacted you and you qualify as the winner. That way you can start trading on Monday with the rest of the finalists.
Here's a CNBC news video report from CNBC/Wall Street Journal reporter Bob O'Brien on earnings. One of the stock he talks about is on the most active list-ALU. One that's not is Helen of Troy--which did "gangbusters" and gained some 16% in stock value. Did anyone have this stock? You did pretty well if you did. Here's the report that includes a look at AIG and THQI.
Friday--today--is the last day of Trading With The Stars--and only transactions that were input by 4 pm ET Thursday will make a difference in their standings. As the Dow fell almost 150 points, Ernie Hudson was the only celeb to show a portfolio gain Thursday--on Gmarket. Jonathan Tucker regained the top spot, and Stephen Collins fell back into second on heavy losses in Golden Telecom. Meanwhile, Chris Moneymaker got crushed on Allscripts Healthcare, which has cost him $181,862.60 since he purchased it on 5/8, and he is now in last place. James Cromwell was hit hard by Knot Inc. which cost him $160K dropping him from 4th to 8th.
Well, if you owned Vonage on Thursday, and a lot of you did, you got your "just" rewards as the stock turned out to be a best performer. It gained 10.82% by Thursday's close. Vonage has been on the most active and widely held lists for some time now. This it's first appearance as a best performer. A couple of newer names showed up on the most active--HALO,ALU and MNKD. Here ya go:
There was a time when this telco name was synonymous with disgrace - not anymore.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Here's our re-cap of the day. Remember--as we've said today, because of a problem with the news trivia question, all you have to do is select any answer, no matter if you get an incorrect or correct response, and you will get the $1,000 Bonus Bucks. BUT you must select an answer to get credit. The video question is all right so you will have to answer correctly for that.
Wow--can Stephen Collins pick em or not. As we mentioned in an earlier post on contest stocks--best performong stock Foster Wheeler let the actor soar into first place in Trading With The Stars--with a $78K gain on FWLT--which was up 19.96% Wednesday. He now has a total portfolio value of $1,237,825.31 which gives him a $14K lead over Jonathan Tucker with 2 days remaining in the contest. Lots of hooray's for Stephen from the "Morning Call" Team--the show he's playing for.
Well, our contest "stock report" has some interesting news. One of the best performers was a stock (FWLT) that celeb/actor Stephen Collins had on his list--and one that put him in the lead of Trading With The Stars (more on that in another post). In fact, it was the best of the best performers. And one pick that made the most actives, was one recommended yesterday by guest blogger Timothy Sykes--SIX. Here you go...
Cramer is never afraid to own up to his mistakes, but he can’t stand it when someone else is right. He’s willing to work on that, though. So he’s starting a new segment where he’ll highlight the stock calls that viewers got right – and he got wrong. First up, Rogers Communications.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Hey everyone, here's our re-cap of the day. Remember, the news trivia question has a bit of a problem today. As we pointed out earlier, this is what we'll do: Those of you who knew the correct answer--and there is one--but got a response of incorrect, you will receive credit for the answer. You will get your Bonus Bucks. This is for the whole day, so if you're still selecting your answers, this applies to you.
The top 4 celebrities remain constant with Jonathan Tucker holding onto his lead with only $62,581.29 separating him from Stephen Collins. Poker champion Moneymaker is betting on Allscripts Healthcare to move him up from 4th on strong earnings after the bell Tuesday. And Hall of Famer Johnny Bench is counting on American Oriental Bioengineering to continue to perform--as he's in 5th place.
Here's our daily contest "stock report." Earnings again helped and hurt performance. The most active and widely held pretty much the same--except for ENTG and BQI which both fell out of the most active. And gas and oil company BQI also fell from the most widely held. Here you go. Best performing trades by % gain from Monday's close to Tuesday's close:
At least three groups of private-equity buyers have formed to pursue a potential purchase of wireless carrier Alltel, according to media reports.
Here's our update of facts and figures for today. We'll start with the trivia questions. The video is worth $2,000 Bonus Bucks: Thomson reported today that it was in talks with Reuters over a potential merger. How much would the deal be worth? Your selection of answers is: Answer: $17.6 billion. Your selection of answers is: $17.6 Billion or $22.4 Billion or $20.3 Billion or $32 billion.
It's certainly coming down to the wire in Trading With The Stars. As we said, this is the last week for this part of the Million Dollar Portfolio Challenge. And Jonathan Tucker stays on top with a total portfolio value of $1,204,305.00 which is up $5,905.00 from Friday's total. Stephen Collins continues in the #2 spot with a total portfolio value of $1,166,355.20. That's up $6,348.18 from Friday's total and Stephen continues to close the gap with Jonathan Tucker.
Craig Moffett, senior cable and satellite analyst at Sanford C. Bernstein, told CNBC’s “Squawk on the Street” that cable appears poised to beat satellite TV in the marketplace. “I wouldn’t say (satellite) is dying, but remember that it’s a one-way technology in what’s increasingly a two-way world,” Moffett said Tuesday.
Today's contest "stock report" shows a couple of the most actives turned out to be a couple of the worst performers--as FMT and ENTG showed negative results for traders. Meanwhile, earnings and M&A "talks" boosted the best performers into some very good gains. And back to the most actives--here are some new names make the list: ABY, GSS and KGC.
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