My Simple CNBC Strategy

Quote from StockzTrader:

second that!....but don't see anything in the rules to prevent it unless I missed it. It looks legal.
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Additional Rules:
By entering the Contest, Participants agree to waive any right to claim any ambiguity or error in these Rules, or the Contest itself, and agree to be bound by these Rules and by all decisions of CNBC, which are binding and final. Failure to comply with these rules may result in disqualification from this Contest. In the event of any unanticipated occurrence that was not fully addressed by the Rules, CNBC may modify the Rules to address such occurrence. Any changes to the Rules will be posted on the Site.
 
Quote from shortie:

Additional Rules:
By entering the Contest, Participants agree to waive any right to claim any ambiguity or error in these Rules, or the Contest itself, and agree to be bound by these Rules and by all decisions of CNBC, which are binding and final. Failure to comply with these rules may result in disqualification from this Contest. In the event of any unanticipated occurrence that was not fully addressed by the Rules, CNBC may modify the Rules to address such occurrence. Any changes to the Rules will be posted on the Site.
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Good one.

Another view which may have already been pointed out, is by having for example 10 accounts, one has 10M to play with rather than 1M. Looks like accounts by Nancy B. were played the same initially and then diversified to other picks later. The accounts that performed better due to better picks, rose to the top while the others faded away. By doing this, a wider range of stock picks could occur.
All of this is akin to cheating. Disqualification for Nancy is the right thing to do.
 
I agree anybody with multiple entries should be banned.
Don't these assholes at CNBC enforce their own rules?
Say BYE BYE Nancy!

el surdo
 
End of the week list

Top 10 players make it to the finals
1nancy beaumont California
2nancy beaumont California
3nancy beaumont California
4colleen ellsw...--
5greg ballard Mississippi
6nancy beaumont California
7nancy beaumont California
8ken guillory Texas
9dave distasio Texas
10senthilkumar ...Maryland
11nancy beaumont California
12nancy beaumont California
13james meisner --
14jacob swanson Florida
15nancy beaumont California
16mike scesa New York
17nancy beaumont California
18tom deimel Florida
19jason kaplan --
20kin yu chan --
21raj ghate Arizona
22gregg la plant Wisconsin
23scott wrynn --
24thomas nelson Minnesota
25mark kang California
 
Quote from qll:

something is FISHY here. i was #983 and only gained 1.9%, now i am at 435. this is impossible. PD, your holding did gain much either, but ranking moved too much from 227 to 6. i think they must recalculated something. they didn't give me my thursday bounus either, although i was right on both. fuck the cnbc shit.

good luck pd though. our difference is between NEW and FMT. my other bets are better than yours.


Rank
435
(Top 1%) Week to Date
21.67%Total Return
21.67%
Available Cash
$6.95Stock Holdings
$1,216,662.93Total Portfolio Value
$1,216,669.88
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I'm getting the same type stuff. Half the orders I did on Friday did not execute and now I have a 170K neg cash balance. How'd that happen?

I was running somewhere around top 20% now I'm in the top 99%.

Either I suck or this contest sucks or both.

Yeah, it's likely the latter.
 
Quote from thriftybob:

If you're #6 and not making a killing in the real world (ie you NEED to win), it sounds like you must not actually own the stuff you're playing. You might make 20% one day on one stock catching a dead cat bounce, but its only lady luck that you didn't see a bankruptcy filing and a BIG FAT ZERO in the morning.

Maybe that's the difference between me and you guys. My real world portfolio is in the same stuff I'm playing, and its based on FA, not TA.

Looks like a lot of the leaders must have had a bad day, because I only made about 1% but moved up another 650 positions to #1039.
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I wouldn't in my right mind play the stuff I'm playing in this silly game. Although I am guilty on Thursday trying to scalp a couple % on NEW. I do think there will be a 10-15% bounceback in the sub primes next week on any given day. I would kill for a 46% gain over a 2-3 year period...lol

It's purely a luck and timing competition. This is probably the closest I will get to win any of these 10 weeks. I really think if I had a 5-10% move on either cvtx or kry, I would have placed first this week. I almost chose cmgi going into Friday and that may have done it for me.

FWIW, I'm all in 1.46M on GMKT on Monday and will dump no matter what it does Monday and mix up 2 or 3 dark horses....maybe bqi or imh for Tuesday.
 
1.3% for Japan GDP and 7.3bln$ for Dollar general

Video: $2,000 Bonus Bucks Your Answer is: Correct News: $1,000 Bonus Bucks Your Answer is: Correct
 
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