Mark Koba is a senior editor at CNBC.com. Topics for his feature story writing include the business of politics, health care, employment and the economy.
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Actor Jonathan Tucker, from NBC's "The Black Donnellys" is in first place in the "Trading With The Stars" portion of our portfolio contest. He's been there for the week--and has a portfolio value of $1,030,700. But--as he told CNBC's Erin Burnett on the phone today, he's about to change his strategy.
Actor Stephen Collins will be on "Morning Call" tomorrow to talk about his stock picks and strategy for "Trading With The Stars." So far, he's making a solid run with his third place standing. CNBC's Dylan Ratigan reported on Stephen's standing--including his gain yesterday (Wednesday) of some $24,000 or 2.4% for a total of $1,051,226 in his portfolio.
Question: What do Judy Gold, Stephen Collins and the Federal Reserve all have in common? Well, the answer is (sorry no bonus bucks) ....INACTION! As CNBC's Michelle Caruso-Cabrera pointed out--the Fed left interest rates unchanged Wednesday and the two celebs for "Morning Call" were unchanged in their positions in "Trading With The Stars."
Johnny Bench--Hall of Famer, a key part of Cinncinnati's "Big Red Machine" baseball dynasty, successful business man. With all those accomplishments--can there be anything else to add to this man's resume? How about being out of last place in "Trading With The Stars?" Johnny's traded up to 9th place, changing places with actor Willie Garson.
If you're going to be in the New York City area Friday night (tomorrow) you're invited to be part of a live studio audience for a show on the CNBC Million Dollar Portfolio Challenge. It's called "How To Win." Just call 201-735-4040 or email us at: Freetickets@cnbc.com. Hear the experts, get their top picks and improve your chances of winning a million dollars! The show is Friday night, at 7 pm EST and ONLY on CNBC.
Wow--did actor Ernie Hudson made a move or what Wednesday in "Trading With The Stars." He's now in 2nd place after making the biggest climb of any celeb trader so far. Ernie moved 5 places after being in 7th just the day before. How did he do it? Seems he sold all he had and is now strictly in cash. Will that strategy hold? Remains to be seen.
Here's a look at what stocks were active, good and bad, on Wednesday's close. FMT remains popular with contestants--with apparent good reason, as you can see on the return percentage listings. The subprime "crisis" real or not-may be effecting buys. CMGI, REV and SIRI remain among the most active and widely held. Registered contests: 394,948.
Hello. There's a new leader on top this Thursday morning. It's Deborah Taft, with a portfolio value of $2,185,663.69 with a gain of $302,686.98 for a 16.07% increase. Deborah had the majority of her holdings in Fremont General (FMT) which was up 10.19 +1.41 (+16.06%). She made the jump from 3rd to 1st.
Actor Stephen Collins is almost in 7th Heaven (his starring TV show) again--well, at least he's in 3rd place in the "Trading With The Stars" contest competition. He was in in fifth place on Monday. he needs only $3,000 more value in his portfolio to climb into second place--
Judy, Judy, Judy--HELLO!. You're in 6th place after Tuesday's "Trading With The Stars" action. That's after you were in 4th place on Monday. Okay, Judy's had two days of falling value--something that did NOT go unnoticed by CNBC's Michelle Caruso-Cabrera on "Morning Call." That's the show Judy's playing for--at least the first hour.