Forum Archive Index - February 2002

["nick" <helmett@xtra.co.nz>]

       The stocks picked by only one person havnt started to well either though. Were these added

more in hope? ie wouldnt hold them in real life but need an outsider to try and win competition.

Wheras the ones held by two people have at least had their potential confirmed by another entrant.

            If the popular ones really are overpriced due to popularity how long will this effect last?

 One would hope these stocks are the ones which in time will prove best on fundamentals. However if this was the case would be be seeing stocks such as ITC among the most popular? 

  Also because these are the most popular stocks in the competition dosent necessarily mean they are the stocks that people would most likely hold in real life,but ones they would risk to try and win. (explains wild card like ITC).

         If the competition meant you were killed at years end if your portfolio wasnt in profit im sure most would have chosen different stocks. Maybe an idea for next year :-)

 

 Nick

 

Got it in one Nick.

 

----- Original Message -----

From: nick

To: sharechat@sharechat.co.nz

Sent: Saturday, February 09, 2002 8:27 PM

Subject: [sharechat] Stock guru comp- early thoughts

       Interesting pattern has developed at this early satage, the stocks which were only picked by two different people have soared. Out of 16 different stocks only 3 are in negative territory,  while two of the gainers are already up over 10%

          Contrast this with the top 16 stocks, 8 are down and only 3 up!!.  ITC are down 30% already while the top gainer is only up 5%.  

             Does this show like last yer that the most popular stocks are the ones already fully priced?

 

  Nick