I’ve Got Your Stock Picks Right Here!
Back in December, I decided to feature some stocks that I own, or monitor regularly. My three choices were included in a list by SmartMoney Magazine of where to invest in 2007. A few months later, I decided to posit 6 stock picks under $10 of my own. Since then, I’ve been asked by some of you to continue to come up with a list…and for a little advice based on your own picks.
Coincidentally, Blain Reinkensmeyer emailed me this weekend asking me to choose two stocks for his weekly stock picking contest. Blain’s blog, Stock Investing 101, is a contestant in the 2007 Bloggers Tournament and he’s the Top Commenter on Derrich.com. The purpose of the contest this week is to “try to beat out eMom though there really is no true purpose”. I’m game. eMom is fellow MyBlogLog-er, Wendy Piersall. She claims she’s “not much into the stock market“. But we’ll see about that. Ok. So I’m a little intimidated. What can I say?
Derrich.com Stock Portfolio
On the main page, I’ve included a new section in the sidebar called “Stock Watch”. Included in that list will be every stock I’ve mentioned on Derrich.com. I’ve decided I’d also begin keeping track of the portfolio as if I were purchasing each of the stocks. For Blain’s contest, I chose Braskem S.A. (NYSE: BAK) and Yahoo! (Nasdaq: YHOO). I’ll go into more detail as to why in another post. I have not yet entered them into my chart, which I’ve included below. It reflects the stock price as of the market close on Monday, March 26.
View today’s trading activity on the Yahoo! Finance widget located on the main page.
Whether or not I actually own them, I will simulate buying and selling of the stocks in the Derrich.com portfolio as if I did own them in order to keep track of returns. Each stock will be bought and sold in 100-share increments. I will also limit the portfolio to 25 stocks at a time. Don’t forget, I’m not a stock broker, nor am I a financial advisor. Just a stock market aficionado. Follow at your own risk. Muahahahaha!!! *cough*cough*
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March 27th, 2007 at 7:30 pm
Cool man! I totally support the “stock watch”, thanks for the link love, that is worth a solid 3,000 points :p !
Good luck with the picks dude, see you around our blogs as usual!
March 27th, 2007 at 8:33 pm
Excellent idea…we want to see those picks double in value!!
March 27th, 2007 at 10:23 pm
Man…that would be awesome.
March 28th, 2007 at 7:51 am
[…] (Please Note: Points are very random here at ST101!) First off, Frugal Trader and Derrich both earned 3,000 points each yesterday by linking up to the contest, Frugal here and Derrich here! Derrich is now becoming more active with stock trading, adding a “stock watch” section to his sidebar, and Frugal just looks like he’s having a ball alongside the fact he believes he is going to win, “Go GOOG!” You guys are hilarious, as always thanks for the link lovin! Our featured contestant this week Emom Wendy Piersal also linked to the contest, but her points are already tallied in. […]
March 29th, 2007 at 2:28 pm
I bought a few shares (6k$) of apple’s stock (AAPL) last month when they were around 83$. Now it’s on the way up. Hope they don’t disappoint.
March 29th, 2007 at 2:29 pm
Doubtful. I own some AAPL as well. Cross your fingers for the iPhone success and that there are no iTV disappointments.
March 29th, 2007 at 2:34 pm
well iTV already has a good following with the geeks, we’ll have to see how good it gets with the general consumer market, maybe they’ll be able to push forward. For the iPhone well, probably won’t do well right away, but I can see a big future for it.