Finals: New Leader And Some Important Notes
Hey everyone, a bit later than usual, but we have the leaderboard for the finals with a new name on top. A few notes before we get to that. Some of the numbers were incomplete in yesterdays' post for a couple of portfolios. However, I want to make clear that the total for the portfolio values were accurate. We just had a little less of the complete picture for the trades. We're working to make sure we do the best job on that front. As for one stock--BPRG--it is a valid stock for the contest. Reuters data shows a market cap of $1.3B on 3/2/07--which was the date for contest stocks.
Okay here's the lowdown on the leaders. Serge Amelyan--comfortable at the top of the leaderboard--takes over first place from Donald Tang on his Compuware trade, up 7.34% on strong earnings. Donald falls into 5th on a loss on Deere, and Stephen Luchko moves into 2nd, also on gains in Compuware. One of the biggest movers today was Mary Williams who moved up 8 spots from 12th into 4th on her CommVault trade, which was up 10.06% on strong earnings.
#1 Serge Amelyan: $1,152,204.58 up $78,829.02 +7.34%.
Sold 107985 shares of Compuware Corp up 7.34% netting him $79K.
Sold 1 share of Tousa losing $0.03
Serge's play for Thursday is almost all-in on Spartan Stores.
Bought 1 share of Primedia PRM.
#2 Stephen Luchko: $1,129,338.00 up $77,264.56 +7.34%
Sold 105,842 shares of Compuware Corp up 7.34% gaining $77K.
Sold 1 share of Vonage.
Stephen is almost all-in on Hewlett-Packard.
Bought 1 share of Acxiom.
Bought 1 share of BEA Systems.
#3 Joseph Dondero: $1,112,074.16 up $47,684.56 4.48%.
Sold 85,151 shares of BioProgress up 4.48% netting him $48K.
All-in on Hanarotelecom for the second time in the finals.
#4 Mary Williams: $1,083,592.17 up $99,074.49 +10.06%
Sold 62,311 shares of CommVault Systems up 10.06% making her $99K gaining her 4th place from 12th. Mary is all-in on Ctrip.com.