Final Standings On Contest Leaderboard
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.
Remember, the top ten listed here have made the finals along with the weekly winners for a total of 20 people competing for the million dollar prize. Trading for the finals has started today. Each contestant gets a fresh portfolio value of $1,000,000 CNBC Bucks. Congratulations to all!!
#1 Serge Amelyan topped the list with a portfolio value of $4,889,454.68 adding $3,000 in bonus bucks. Serge was conservative toward the end not making any transactions for the last week, since he sold Crocs on Friday, May 4th. This trade on Crocs earnings secured his lead with a 1-day gain of $809,425.76 or 19.93%, his largest. Serge's 2nd most profitable trade was F5 Networks netting him $701,759.52 from 4/25 - 4/26 when it gained 20.97%. Serge's biggest loss was on Amcol International which he bought on 4/19 at $29.33 and sold on 4/20 at $26.39 for a loss of $29,400.
#2 Shi Nismanhung onto the 2nd position with his all-in trade on Hillenbrand adding $14,077.80 to his portfolio total of $4,756,585.03. However, Shi was a day late on HB's big move when it gained 10.04%. Shi's top dollar value trade was Woodward Governor on 4/23 at $42.93, and selling it on 4/24 at $49.99 for a 16.45% gain netting him $547,672.44. Shi's biggest loss was on Old Dominion Freight on 4/25 at $33.21, selling it on 4/26 at $31.21 for a loss of 6.41% or $246,214.
#3 Steven Leeended the contest with a portfolio value of $4,629,777.87 taking the 3rd spot from Carl Altenburg on his Spirent Communications trade that gained him $140,916.96 from 5/10 - 5/11 with its 3.14% gain. Spirent was a popular trade for Steven Lee and his top value trade from 4/26 - 4/27 of $474,965.41. Steven bought Spirent 6 times for a total gain of $1,355,200.12. Steven's worst trade was Corpbanca which lost him almost $3,000.
#4 Carl Altenburgended the contest with a portfolio value of $4,623,180.62. His all-in trade on AIG earnings only gained him $24,178.64 on its 0.53% gain after its earnings after the bell Friday, dropping him into 4th. Carl's biggest trade was the same as Serge's (#1) on Crocs from 5/3 - 5/4 which netted him $630,801.60 on it 19.93% gain. Carl's biggest loser was on Movado on 3/28 at $34.58, selling it on 3/29 at $28.74, losing him $282,848.72 on its 16.89% decline.
#5 David Gibbons ended the contest with a portfolio value of $4,535,301.12. David's biggest trade was Foster Wheeler on 5/8 at $73.15, selling on 5/9 at $87.75 netting $749,739.20 on its 19.96% gain. David's worst trade was Electronic Data System on 5/3 at $29.45, selling on 5/4 at $27.49, losing him $196,000 on it 6.66% decline.
#6 Stephen Luchko ended the contest with a portfolio value of $4,526,591.52. Stephen's biggest trade was the same as Serge's (#1) and Carl's (#4) on Crocs from 5/3 - 5/4 which netted him $747,649.76 on its 19.93% gain. His biggest loser was ethanol play Archer Daniels Midland on 4/30 at $38.70, selling it on 5/1 at $36.60 on a 5.43% decline costing him $170,509.50.
#7 Mary Williams ended the contest with a portfolio value of $4,297,757.37. Mary's biggest trade was also Crocs from 5/3 - 5/4 netting her $640,319.68 on its 19.93% gain. Mary's biggest loser was Tyler Technologies buying it on 4/25 at $13.11 and selling it on 4/26 at $12 for a loss of $249,833.26 on its 8.47% decline.
#8 Joe Dondero ended the contest with a portfolio value of $4,168,274.64. Joe's biggest trade was BioProgress on 5/4 at $12.45, selling it on 5/7 at $13.39 netting $260,890.42 on its gain of 7.55%. Joe bought BPRG twice and it made him a total of $430,636.99. Joe's 2 worst trades were on Macronix on 3/27at $4.19, selling it on 3/28 at $4.10 losing $41,688.81 and on 5/1at $4.04, selling it on 5/2 at $4 losing $37,350.09. Joe purchased Macronix 11 times and only lost on it twice.
#9 Ban Tran ended the contest with a portfolio value of $3,614,280.99. Ban's biggest trade was on Helen of Troy buying it on 5/10 at $22.23 and selling it on 5/11 at $25.30 at a 13.81% gain netting him $437,840.33 moving him into the top 10. As of Thursday, 4/10 Ban was in 12th place and would not have made the finals without this trade. Ban's worst trade was on Priceline.com, buying it on 5/8 at $64.05 and selling it on 5/9 at $58.28 at a loss of 9.01%.
#10 Barry Schoelch ended the contest with a portfolio value of $3,412,492.38. Barry's biggest trade is the same as #1, #4, #6, #7, Crocs from 5/3 - 5/4 netting him $491,794.16 on its 19.93% gain. Barry's worst trade was Anadigics on 4/24 at $13.15, selling on 4/25 at $11.74 for a loss of $233,849.91 on its 10.72% decline.
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