Updates from the games
July 14, 2008
The July
monthly competition is close to its midpoint and MSpurrier
(13.25%) is increasing the gap with a few impressive sales last
week. His most successful trades include the ocean transportation
services company DryShips Inc. (DRYS), the alternative energy
company Energy Conversion Devices, Inc. (ENER) and the solar cells
manufacturer Solar Holdings Co., Ltd. (JASO). The profit from these
stocks not only place MSpurrier in first place on the score board,
but also award him the honorable Star of the Week title – which we
grant to the week’s best player.
MSpurrier is not alone in the lead; BEars (10.93%) is only a few
percents behind with a very positive current portfolio, mainly
composed of alternative energy stocks that recently soared.
The returns in the
quarterly competition are still lower, but we are beginning to
see the differences between the players. The well-known victheslick
(8.12%), who already won a number of Yalicoo competitions, is
currently leading. His best holdings include YAHOO! (YHOO), which
recently started to increase its price after losing about 30% of its
value. Sixpence (6.02%) and SANMAN (5.31%) are just behind. SANMAN’s
portfolio is composed of energy companies, while sixpence holds only
one stock – the commodity risk management company FCStone Group,
Inc. (FCSX). FCStone Group is currently being traded at around $15,
more than 60% lower than its price a month ago, after posting lower
than expected earnings due to higher costs and expenses and
substantial write offs. However, sixpence is probably concentrating
on the half-full glass - the considerable increase in revenues in
the last quarter, and a forecasted rebound of the stock price. It is
hard to say what (and when) will happen, but it will be very
interesting to follow.
The new Yalicoo blog is here!
Yalicoo is not just about competing; it is also a
great way to become a part of a growing community of traders and
investors. In order to expand the community experience we have
launched the new Yalicoo blog –
YBlog.
The YBlog can help you learn
and communicate with all Yalicoo players and with the Yalicoo team.
You can read interesting posts and learn about investing strategies,
from basics such as what stocks are and how to invest in them, to
more advanced topics such as Forex and Futures. You can also review
all the previous newsletters.
Our site and topics are open for anyone to comment and debate on.
We encourage you to share your thoughts, ideas, trading strategies,
investing history, and more with everyone in the Yalicoo community.
Please let us know (by contacting us through this link) if you are
interested in writing your own blog. This could be a great
opportunity for you to assist other players, establish friendships
with new traders and receive feedback on your strategies, which
could further increase your returns.
Get Yalicoo’s widgets!
Widgets are portable chunks of code that can be easily embedded in
other websites. People use them to get news, information,
entertainment, or whatever else you can think of for your blog,
profile page, personal home page, or web site.
Using the new Yalicoo widgets, you can place Yalicoo features on
your blog, personal homepage or your site. Our widgets include the
‘Best portfolios list’, the ‘Indices graphs’ and more. These could
be useful for your site and attract your friends to join all of us
in the competitions. It will also keep you updated on all the recent
Yalicoo events while you surf your site. You can download Yalicoo’s
widgets from our YBlog or from this
link.
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