To commemorate iBC’s 5th anniversary on 11/12/12, I am going to launch a contest– exclusive for the gents inside of 12631. During the month of March, PPT members enjoy exclusivity to the March Madness contest and $1,000 purse. From 11/12/12 to the end of the year, GAMES WILL BEGIN.
As of right now, I am 90% set on having players paired in teams of 2, with each player choosing one stock to be long or short for the duration. The percent gain/loss will be averaged over 2 players, with no eliminations along the way. That means the contest isn’t over until the very last day.
The purse (no homo) will be $2k, divided by two. Being that the 12631 member base is only in the hundreds, coupled with the fact that participation rate will likely be below 75%, the odds of winning a prize are fairly good–all things considered.
If you have any other ideas for sport and games, be sure to leave them on this thread. This will be your only chance to offer advice, for the remainder of your lives.
NOTE: In order to become a 12631 member, one must first belong to the club at The PPT.
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Perhaps a contest that includes only those who have averaged a min. of 100 comments per year. Winner gets $10,000.
And I get to kill all the losers.
Teams are gay….mano y mano.
Teams are gay if chosen by players. However, we will have my robots choose them, making it all the more interesting for me.
So you are for lowering the odds of a win in favor for higher per player purse. ok.
In a changing of subjects……
I tweeted you, but any thoughts on oil royalty stocks. Their getting pummeled….wanted to know your thoughts. (Dividend tax reasons or am I missing something much bigger in that picture). Thnaks
Hold onto your oil plays. EU Sanctions against Iranian oil comanies announced yesterday. Breaking news Iranian Revolutionary Guards plot uncovered to crash a supertanker into the rocks and spill oil in the Straits of Hormez, which would force the straits to close. (CNBC). ($LPH good oil play w/catalyst)
Thanks. I don’t have any but was looking at some
teams are gay.i agree. at least in this game… the market
May be a 0 dicksucker prize could spice it up. Last place gets a ten spot.
A used EBT card framed on a small mirror. Signed by the Fly would be epic.
Some games just don’t hold up to the light of day.
Not that they weren’t worth playing, not saying that.
But we do play the games we’re
dealt.
Until they start stinking like a dead rat in the gutter for fifteen days.
Where’s north, from here?
How about a stock picking contest for stocks under $5?
Off topic question: How math challenged are these CNBC commentators?
Did anyone hear (I listened on Sirius on the way in) Joe and Glazed Eyes talking about the Goldman dividend increase today? And their back and forth about how much of an increase it was?
Math much?
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Also, Jeremy… please increase the size of the subhead up there under the “iBankCoin” logo….
I read it quickly and I thought it said “Donating to the market since 2007.”
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Game idea:
Share strategy with up to 5-10 stocks picked by a screener like finviz. Ex: new 52wk high, beta1. List stocks. You pick duration. Winning screen takes the pot.
I like the idea of a contest where as part of the calculation you consider the amount (%) of the draw down while you were holding the stock.
So % and time on draw down calculated with profit. Or something like that.