Here's what's happening with our Second Chance Showdown leaderboard. Aric Fanzmeier takes first place moving up from second predominantly on his ValueClick trade making him $171K. Ryan Darichuk moves from 3rd place to second making $48K on a 2.58% gain in Netease.com. And previous leader, Linda Gordon fell to third holding onto aQuantive and losing 0.11% on its decline Monday.
Good morning. Chinese gaming stocks are in the spotlight Monday as The9 propelled Nancy Beaumont to the top of the pack on its 10.31% gain. The9 was up on the news that Electronic Arts agreed to buy a $167M stake in the company, and also licensed a soccer game to The9. Steven Lee managed to hold onto second even though he was all in cash after Friday's trading. He has now gone all-in on Neurochem.
It's five days and counting until the end of the CNBC Million Dollar Portfolio Challenge contest--with a prize on the line of $1,000,000. We have 20 finalists in the running for the money--and thousands more competing in the Second Chance Showdown for a Sony Home Theatre Entertainment System. The players have until close of trading this Friday to create the portfolio with the biggest value.
Hey folks, we have guest blogger Jeff Mishlove with some thoughts for the final week of the contest. Here's his post: One week ago, I recommended a momentum strategy based upon selecting stocks that had been surging in price during the past three months. At that time, I recommended five stocks: SCHN, NTRI, FCX, LRCX and VCLM. I see that four out of these five stocks are now up for the week.
Here's a look at our "stock report" for both the finals and Second Chance Showdown. As we've already posted, aQuantive was the big gainer for many of you in SCS. And Trump Entertainment came in a "winner" as a result of takeover interest. (wonder if The Donald likes being a contest best performer). The most actives and widely held remain pretty much the same.
Here's what's happening with the Second Chance Showdown. We have two new leaders that catapulted to the front of the pack with all-in bets on aQuantive--up 77.84% Friday. That was on news that AQNT has agreed to be acquired by Microsoft at an 85% premium. We noted in the finals post today how the top ten Second Chance Showdown leaders bought AQNT while the contest finalists, didn't. So, it's Linda Gordon in first with a portfolio value of $1,880,916.42.
Good morning everyone. Here's a look at the current standings on our finalist leaderboard--as we head into the last week of the contest. Steven Lee (pictured) holds onto first place--and he's taking a rather conservative approach by remaining all in cash and hoping that Serge Amelyan's all-in bet on Terra Industries doesn't pan out. Serge moves back into 2nd place from 4th on his Intuit trade up on strong earnings.
Ionatron, Diageo, Starbucks, Bank of America and more...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.
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 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:
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...
Okay, here's a look at the stocks making the most waves from last Thursday to Monday's close. There are the usual suspects in the most actives and most widely held. But new names are showing up in the best and worst performing. Earnings boosted one stock, WDFC and helped put James Kraber into second place on the leaderboard, as we mentioned in our first post today.
Okay folks, here's a look at the stocks that you are trading and the ones that are paying off--and the one's that aren't. The info is from Thursday's close. Some of the "usual suspects" are still on the lists but COMS seems to be a new player in the most active. PALM is one of the most active, but as you can see--not paying off that well. ARXT is making investors happy. Widely helds are pretty much what they have been lately. And FYI: Contest registrations to date: 415,962.
The last Lightning Round of the week is always sad, but Cramer's gonna keep it together and tell you what he thinks of Dick's Sporting Goods, Staples and one group of stocks that keeps him up at night - the Canadian banks.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.