IMPORTANT!
- TheSummer #StockPickingContest ends September 21st, after market close (last day of summer).
- It is up to you to notify either @mathematics or myself @Evenprime if one of your companies has gone through a stock split, consolidation, name change, or anything else that can affect the price. We manually search for them but it's difficult to catch them all. If you do not notify us, I cannot update them, and someone else may win your prize.
- All contest data can be found on my site www.EverythingEven.com
What is the StockPickingContest?
At the end of the year, since 2015, users on CEO.ca make their stock pick predictions for the upcoming year. For fun, I began recording and tabulating this information and have been doing it ever since. There are rules, but you basically pick 3 companies on North American exchanges and who ever has the best portfolio (average of the 3 picks) wins. This year, I decided to try out a summer stock contest as well, and this time we have gold and silver prizes. The next contest will begin around December 15th and entries must be submitted before market open in the new year - stay tuned for that article in the upcoming months :)
There are only 13 days left before the Summer StockPickingContest finishes. With 1,445 contestants, 830 of those joined the Bonus Prizes i.e. they provided me their email address so a few companies can disseminate their company news with them, and they have the chance to win prizes.
- Highest ranked subscriber wins 1 ounce of GOLD!!!! ($2,500+ CAD value)
- 2nd highest ranked wins a 10-ounce silver stacker bar
- Next 25 ranked subscribers receive a 1-ounce silver coin. This means if you come in 100th place, you may still win a prize because not everyone ahead of you subscribed!
- The top 5 Hat Tricks Subscribers win a 1-ounce silver coin (Hat Tricks = all 3 picks are above zero)
All prizes are purchased from our sponsor, Scottsdale Mint.
Now on to the contest statistics.
I wanted to compare the Summer StockPickingContest that started June 21st, 2020 with the Yearly StockPickingContest that started Jan 1, 2020.
The summer contest has been running nearly 3 months whereas the yearly contest has run for 9. Its interesting to note the lack of contestants in the center range. This indicates to me people are either hitting home runs or losing money! Additionally, it is very nice to see the number of contestants over 25% in both contests.
At the time of this writing, 51% of the yearly contestants and 52% of the summer contestants have portfolios greater than 25%. This is pretty remarkable and indicative of a bull market.
Oh how we feel so smart during a bull market!
With more than half of the contestants in each contest having portfolios over 25%, I wanted to compare this to the "Most Picked Companies" performance.
Woah, over half of the 1,400+ contestants in each contest are double the average return of these. Interesting... what do you think this means?
Additional Stuff:
Better late than never! I finally shipped the 2019 StockPickingContest mugs out to everyone. A huge thank you to Eric Coffin over at HRA-Advisory for sponsoring this again.
An update from our sponsors:
" RJK Exploration is pleased to announce that the Company has intersected kimberlite in six drill holes in the Paradis Pond area of the Bishop Property, located approximately 11 km southeast of Cobalt, Ontario. These new intersections are proximal and visually correspond to RJK’s previously reported kimberlite drill intersections, from the 2019 drilling campaign, which returned 18 micro diamonds varying in colour, and twenty-eight diamond inclusion indicator minerals, from a 22.4 kg (50 pound) sample"
Fireweed Zinc closed a 2.065 million dollar private placement, and has commenced drilling on the 100% owned 544 km2 Macmillan Pass Zinc-Lead-Silver Project in Yukon, Canada. Click here for more info
Osprey Gold Shareholders Overwhelmingly Approve Arrangement with MegumaGold
With gratitude;
Evenprime
Disclosure: The author of this article owns RJK Exploration, and Fireweed Zinc shares, and may choose to buy or sell at any time without notice. Scottsdale Mint, Osprey Gold, Fireweed Zinc and RJK Exploration are currently site sponsors.
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Never, ever, make an investment based solely on what you read in an online report, including this one, especially if the investment involves a small, thinly-traded company that isn't well known.
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