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Aznaro8 THE WINNER!!! GRATS! - January 2010 Big Board Contest - Page 16

post #301 of 322
1/30/10 at 12:46am
Quote:
Originally Posted by veggrower1955 View Post
Sandstock has 2 leveraged etfs

TYP...3X technology bear

SRS...2X real estate bear

"You are only allowed 1 leveraged ETF. If you choose two, the second of the two does not count and is still up for grabs."

I don't even know what a leveraged ETF is, I just picked them from a scan list. But thats my luck!! Oh well, congrats to ever who won..
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post #302 of 322
1/30/10 at 12:56am
Quote:
You are only allowed 1 leveraged ETF. If you choose two, the second of the two does not count and is still up for grabs."
So my first choice was TYP and I think it finished up 33%(please double check my math), my second choice does not count, so I would still average 16.5% is that correct?

Sorry I did not read rules better it wont happen again..
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post #303 of 322
1/30/10 at 1:08am
Thread Starter 
I also added a new line into the rules beginning with the next contest that if picks are out of compliance after the contest starts then the contestant will have to forfeit.

Even though we are individually responsible for selecting picks meeting the requirements, if anyone notices for example that two picks are etf's, please pm me or that person. The last thing I want to do is tell someone they are out of this contest or remove them from the first place position.

I take alot of pride in running this contest and making HSM an enjoyable place for this type of competition. Let's all work together and try to keep an eye out for things like this.
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post #304 of 322
1/30/10 at 1:23am
Thanks for the contest and congrats to the winner!!

I really don't think being no 12 is too bad.
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post #305 of 322
1/30/10 at 4:15am
Quote:
Originally Posted by Acegraphix View Post
I also added a new line into the rules beginning with the next contest that if picks are out of compliance after the contest starts then the contestant will have to forfeit.

Even though we are individually responsible for selecting picks meeting the requirements, if anyone notices for example that two picks are etf's, please pm me or that person. The last thing I want to do is tell someone they are out of this contest or remove them from the first place position.

I take alot of pride in running this contest and making HSM an enjoyable place for this type of competition. Let's all work together and try to keep an eye out for things like this.
I only picked it up because Sandstock was in 1st and I always check the stocks of the 1st several places to see if I want to add them to my watchlist.

There are so many leveraged etfs that it is hard for anyone to be able to recognize all of them as people post their picks. I had no idea TYP was one until I checked it to see why it was up so much.

If I see this again, I will PM you instead of post. I wasn't trying to call Sandstock out or embarass him, I just saw it and posted. I am just direct. I apologize...PM next time
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post #306 of 322
1/30/10 at 4:53am
Thread Starter 
Just for clarification I did not intend to come accross harsh. You're right in the fact that sometimes one we don't see often can slip through. I suggested in the Feb thread that maybe we put ETF in parenthesis when picking the plays.
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post #307 of 322
1/30/10 at 5:02am
Quote:
Originally Posted by Acegraphix View Post
Just for clarification I did not intend to come accross harsh. You're right in the fact that sometimes one we don't see often can slip through. I suggested in the Feb thread that maybe we put ETF in parenthesis when picking the plays.
I don't feel you were harsh...I just know that I am too direct sometimes. My poor 88 year old Mother has spent much of her life slapping me upside the head and saying "Learn some tact, Veg!"

In retrospect, I see that it would have been better handled had I used a PM instead of posting.

As always, I appreciate the hard work you put in running these contests for us
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post #308 of 322
1/30/10 at 5:50am
Quote:
Originally Posted by Acegraphix View Post
Just for clarification I did not intend to come accross harsh. You're right in the fact that sometimes one we don't see often can slip through. I suggested in the Feb thread that maybe we put ETF in parenthesis when picking the plays.
How come my VIX pick was disqualified?

Is it considered an ETF, or something?
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post #309 of 322
1/30/10 at 5:51am
Also, pardon my ignorance, but how come I only had one pick and got 18.1% return on that pick, but my total ROI was half that?
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post #310 of 322
1/30/10 at 6:18am
Quote:
Originally Posted by Baggi View Post
Also, pardon my ignorance, but how come I only had one pick and got 18.1% return on that pick, but my total ROI was half that?
(18.1 + 0)/2 since VIX doesn't count. ROI is the average of the two, if your VIX was disqualify I think what happens is its counted as 0%.
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post #311 of 322
1/30/10 at 6:25am
Thread Starter 
Baggi, it is my understanding when I took over the contest a few months back that indexes are not played in the contests - only ETF's and company stocks. Total ROI ends up averaging your two picks.
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post #312 of 322
1/30/10 at 6:02pm
Yeah 3rd.
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post #313 of 322
1/30/10 at 7:05pm
Does all this chaos regarding ETFs mean I win?
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post #314 of 322
1/30/10 at 7:24pm
Quote:
Originally Posted by WillTheGreat View Post
(18.1 + 0)/2 since VIX doesn't count. ROI is the average of the two, if your VIX was disqualify I think what happens is its counted as 0%.
So it's counted as a pick that broke even, rather than no pick at all?

That's fine and all, just trying to figure out the rules as this is the first time ive played. It's not like you get a prize for winning or something.

Quote:
Baggi, it is my understanding when I took over the contest a few months back that indexes are not played in the contests - only ETF's and company stocks. Total ROI ends up averaging your two picks.
Ive only just started, I read through the first page and didn't see any prohibition to picking the VIX.

I don't want to make that same mistake again, which is why I wondered what was wrong with the pick.
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post #315 of 322
1/30/10 at 10:13pm
Thread Starter 
Quote:
Originally Posted by aznaro8 View Post
Does all this chaos regarding ETFs mean I win?
Yes.
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post #316 of 322
1/31/10 at 2:51am
Baggi, this is a stock picking contest. Not an index contest or options contest. VIX is not a stock and cannot be traded like a stock.
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post #317 of 322
1/31/10 at 3:33am
So there.
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post #318 of 322
2/1/10 at 5:10pm
So, who technically won this?
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post #319 of 322
2/1/10 at 5:12pm
I wish my AMZN and XOM extended into today . Would've moved me up a few places.
Quote:
Originally Posted by mmm...Jaz View Post
So, who technically won this?
Aznaro8 did, rmejia got dqed for 2 etfs.
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post #320 of 322
2/1/10 at 5:24pm
Quote:
Originally Posted by Acegraphix View Post
I guess I'll have to look at each one that I haven't seen before to make sure but that honestly shouldn't be my responsibility.
Well, I guess I have to change the winner.
In the future, I will double check everyone's picks before the first spreadsheet is put up so that may delay things a little. If someone picks two etf's from now on and it is not noticed till the contest has already started they will be removed from the contest. I cannot guarantee that I will, or should have to for that matter, check everyone's picks prior to the contest start.

The rules are clearly written in the first post as it states on the thread title.
You're right, Ace. It is each person's responsibility to make sure that they read and understand the rules BEFORE they make their picks.

Seriously, how much effort does it take for everyone to check a quote for each pick before they post to check to make sure it is a valid pick?
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HotStockMarket › Forums › HSM Stock Forum › Stock Forums for NYSE, NASDAQ, AMEX › Aznaro8 THE WINNER!!! GRATS! - January 2010 Big Board Contest