Hows everyone going with this game?
I'm in negatives
))))
email:
Hi again, and well done making it though Week 2 of the JPMorgan Portfolio
Competition.
This week saw the ASX climb initially, then take a dive on Thursday before
partially recovering before the weekend.
TradingPlaces executed over 6,500 trades this week, with a total market
value of over $300,000,000.
Despite this, there is still no clear leader after two weeks of trade in the
competition!
'Kchow007*' sits on top of the rankings with an equity value of $216,600,
followed by 'n00bmasta', who leads a pack of 50 students within $10,000 of
first place.
Two of the best performing ASX300 stocks for this week were Geodynamics
(GDY) and Healthscope (HSP), which jumped 23% and 13% respectively.
Healthscope almost doubled its annual profit on a year ago, while
Geodynamics hinted at the possibility of being in line for a Federal
Government grant.
Congratulations Peter Gress from UNSW, who was the first to correctly guess
Minara Resources (MRE) as last weeks mystery stock. Your $25 cheque is in
the mail!
About 20 people successfully picked last weeks company, so today's clues are
more cryptic.
Again there is a $25 prize for the first person to correctly guess which
company these clues pertain to...
1/ Reverend William Gregor
2/ Lutjanidae
3/ 2648
Good luck and Good trading in Week 3 everyone! Will we see a clear leader by
next Friday?
The TradingPlaces Team
P.S.
Did you know that you can watch what other students are buying and selling?
Simply click on the 'Rankings' tab, then select the orange 'P' icon next to
the users name to see what stocks they are holding.
It's a great way to keep an eye on what your competition is doing!
Also, wtf clues are that
