Contest Finals: Tang Tops List!
Senior Editor, CNBC
Good morning all. We have some info for you. The first Million Dollar Finals leader is Donald Tang who gained $73K on Mindray Medical. He's closely followed by Serge Amelyan with the same Mindray Medical trade. However, Serge used his remaining cash to buy 2 shares of CMGI at $2.44, which fell -2.46% Tuesday-- resulting in the $0.12 difference between him and Donald, and costing him the tie for first.
Here are some trends of interest: 5 out of 20 went all-in on SINA Corp, selling out at a loss of $15,500 (1.5%) while 4 of 20 bought Jack in the Box betting on solid earnings when they report Wednesday.
Here's the leaderboard and stock action of each finalist:
#1 Donald Tang: $1,073,375.68 up $73,375.68 +7.34%.
Bought/Sold 40,096 shares of Mindray Medical International making him $73K on its 7.34% gain Tuesday. Bought 8,895 shares of Deere & Co. He is holding $104.68 in cash.
#2 Serge Amelyan: $1,073,375.56 up $73,375.56 +7.34%.
Bought / Sold 40,096 shares of Mindray Medical up 7.34% - Serge "surged" $73K ahead Tuesday on Mindray Medical up 7.34%. Bought / Sold 2 shares of CMGI at a loss of $0.12 separating him from the top spot.
#3 Joseph Dondero: $1,064,389.60 up $64,389.60 +6.44%.
Bought / Sold 97,560 shares of Hanarotelecom Inc. up +6.44% netting him $64K. Bought 85,151 shares of BioProgress.
#4 Stephen Luchko: $1,052,073.44 up $52,073.44 +5.21%.
Bought / Sold 27,847 shares of Agilent Tech up 5.21% on strong earnings netting him $52K.
Bought / Sold 1 share of Yamana Gold losing $0.45 or -3.29%.