Our members have requested - we are responding!
By Yinon Arieli | September 17, 2007
More
players, higher prizes, a new homepage, and a
restructured newsletter…
We enjoy seeing new players joining our growing
community and new winners taking cash prizes home. As
you remember, we have increased the total amount of cash
prizes offered to the top-ranked players in the
competitions.
Also check out our new homepage. You will immediately
notice that our newsletter have been improved to include
more information and statistics. We continue to
highlight the events and occurrences from last week
competitions in the text. On the right side of the
newsletter you can view the winners from last week’s
stock market games and the leaders in the ongoing
competitions.
5
days of competitions
Despite the bearish market last week, all of Yalicoo
daily competitions’ winners managed to yield positive
returns, with modest ranges between 0.5% to 1%. The
compelling story of last week probably belongs to
octavio, the winner of the
weekly competition
, who patiently held a few of the NASDAQ stocks, like the
EBAY, the wireless solutions mobile company RIMM and the
semiconductors maker HIMX, whose price rose while most
of the market dropped. He won the competition with a
return of almost 3%.
Ongoing competitions
The
Monthly stock trading competition becomes more and more
interesting as it reached its halfway point, since the
leaders are trading places on the score board. kdiddy,
who joined the competition last week, swiftly took the
lead with impressive return of 5.49%, while Nivster with
3.39% is placed second. Among kdiddy’s highest gainers
are Jos. A. Bank Clothiers, Inc. (JOSB), a manufacturer
of men's clothing and accessories, and Synchronoss
Technologies, Inc. (SNCR), which provides management
solutions to the communications services and digital
content marketplaces primarily in North America. kdiddy
bought this stock just a few days after it started to
recover from a sharp fall of more than 11% ten days ago.
We suggest to monitor his moves this week also; it will
be interesting.
The return of the Monthly competitors continued rising
last week, but they are still within reach with two more
weeks to go; more surprises and changes are expected as
new players are joining the game every day while the
current players did not say their last word.
The Quarterly competition seems probably to be over
since the leaders already have which may be out of reach
with only two weeks (unless something extraordinary
happens in the next two weeks). TheTrader is currently
ranked 1st with an impressive return of 18%, Nivster is
second with 11% and ChrisMartin is in third place with
about 10%. These are fantastic returns consider the
-1.5% decrease in the S&P500 and 0% return of the Dow
Jones in the same period. I’m watching the moves these
leaders make every day and will continue learning from
their moves next week. If you are curious about how they
have managed to beat the indexes in such an impressive
manner you should join me.
Spread the word!
Do you think this newsletter could be
interesting for someone you know? Send it over to
him/her and help the Yalicoo community grow faster. We
will welcome your friend with a
FREE game! Remember that
more participants means that you are exposed to more
ideas which will eventually help you develop your own
style in investing.
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