Stock Picking Contest @ Stock Trading 101

I’ve been picking stocks all year. Blain Reinkensmeyer at Stock Trading 101 is running a short term stock trading contest in which I have agreed to participate. The idea is to get some participation in the contest from a variety of reader groups and have some fun. Maybe you guys can give me some short-term ideas for my CNBC contest.

Play By The Rules

1. Entries will be accepted until Sunday, April 8, 2007, 9:00 PM EST.
2. Readers are invited to provide two estimates:
   • One stock (represented by a ticker symbol) that you think will provide a high return for the week (stock picks must be over $1 per share).
   • Predict the value at which you think the Nasdaq will close at on Friday the 13th.
3. To participate, just add a comment to this post (Blain will track your picks from here) mentioning the two items listed above.
4. The contest runs (your predictions and stocks will be tracked) officially from Monday April 9 until Friday April 13, 2007.

There are three ways to win: having the top stock pick, closest Nasdaq close, or best overall community pick average.

The Other Blogs

• Stock Trading 101
• Wall Street Fighter
• Frugal Trader
• Clever Dude
• Investoid
• GolbGuru

So, let’s see what ind of skillz the Derrich.com readers have (yes, that’s a “z”). And for those non-stock savy folks…don’t be afraid to pick a ticker symbol out of thin air just because you like the way it sounds or because it happens to match your initials. In case you need to do a little research, my two favorite sites are MarketWatch.com and Yahoo! Finance. Now, get to commenting!

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