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Datdude
03-09-2007, 11:12 AM
www.cnbc.com has a Million Dollar Portfolio Challenge going on right now. They give you a million dollars to buy stocks with. There are weekly prizes and a chance to win a million bucks! I started this week in the top 82% of people playing, but a great day yesterday pushed me into the top 41%. I have to say that I am totally addicted now. Click the link below and then click on the Million Dollar Portfolio link on the main page. It is a great way to kill some time and learn some stuff too! Good luck

http://www.cnbc.com/id/15839285/site/14081545/

milkmania
03-09-2007, 11:48 AM
I made a buttload of money when I played the stock market for Economics class in high school


1) Pennzoil
2) TRW
3) can't remember the third

Leroy
03-09-2007, 12:07 PM
I have been planning on signing up as I have a couple of speculative stocks that could do well in something like this.

Datdude
03-09-2007, 12:43 PM
not to give away all of my secrets.....but I have made a killing on Enron:D

Leroy
03-10-2007, 11:02 AM
First round of buys. For an event like this you have to screen different.

Open Buy Orders

1 03/12/2007 Buy VRSN 10000
2 03/12/2007 Buy PDS 10000
3 03/12/2007 Buy RMBS 10000
4 03/12/2007 Buy CELL 20000
5 03/12/2007 Buy JDSU 10000

Datdude
03-10-2007, 11:59 AM
First round of buys. For an event like this you have to screen different.

Open Buy Orders

1 03/12/2007 Buy VRSN 10000
2 03/12/2007 Buy PDS 10000
3 03/12/2007 Buy RMBS 10000
4 03/12/2007 Buy CELL 20000
5 03/12/2007 Buy JDSU 10000



What was your rank after the first day?

Leroy
03-10-2007, 02:25 PM
Everything is pending, I just signed up and placed orders this morning. Was disappointed to see the company had to have 500M market cap.

And you?

What was your rank after the first day?

slink976
03-13-2007, 12:56 PM
Rank
32400
(Top 12%) Week to Date
2.16%Total Return
4.11%Available Cash
$70.28Stock Holdings
$1,041,054.08Total Portfolio Value
$1,041,124.36

Datdude
03-13-2007, 03:09 PM
Rank
32400
(Top 12%) Week to Date
2.16%Total Return
4.11%Available Cash
$70.28Stock Holdings
$1,041,054.08Total Portfolio Value
$1,041,124.36


Wow that is a pretty impressive rank! How long have you been in the game? I have only been in the game for a few days and have moved up quite a bit already. Today has not been a very good to me though:o

I am ranked at 97,769 (top 36%)

Total Return 1.18%

Total Portfolio Value $1,011,838.84

slink976
03-13-2007, 03:11 PM
sold everything last night!!! waiting on the sidelines through today. Been in since 1 day after it started (missed the first day)

Mag_Red
03-13-2007, 05:41 PM
can you margin the 1 mil??? Did you notice in the top 25 Nancy Beaumont has 8 of the places???? I didn't think you could register more than once.

slink976
03-13-2007, 05:59 PM
ahh man that means i am really ranked........ 32393

jbfootin
03-13-2007, 06:05 PM
I just created my potfolio....They didn't ask me where to send my earnings though:confused: ;)

Leroy
03-13-2007, 06:24 PM
Mine will not be good when it values the trades. Takes a day before I get a real value.Rank 221486 (Top 81%)

Week to Date
0.00%
Total Return
0.00%
Available Cash
$8.16
Stock Holdings
$999,991.84
Total Portfolio Value
$1,000,000.00

Datdude
03-13-2007, 06:50 PM
Mine will not be good when it values the trades. Takes a day before I get a real value.Rank 221486 (Top 81%)

Week to Date
0.00%
Total Return
0.00%
Available Cash
$8.16
Stock Holdings
$999,991.84
Total Portfolio Value
$1,000,000.00


I started at 81% as well, then jumped to 40% after one day and I am now at 36%. Today was rough though:mad:

Datdude
03-13-2007, 06:53 PM
can you margin the 1 mil??? Did you notice in the top 25 Nancy Beaumont has 8 of the places???? I didn't think you could register more than once.


I don't know how she did that

jbfootin
03-19-2007, 11:22 AM
Rank 86907 (Top 26%)
Total Return 1.15%
Total Portfolio Value $1,011,458.71

Maybe I should quit my day job:rolleyes: :cool: ;)

slink976
03-19-2007, 11:33 AM
Rank 321 (Top 1%)
Total Return 103%
Total Portfolio Value $2,006,743.94

I think I am moving along.

jbfootin
03-19-2007, 11:48 AM
Rank 321 (Top 1%)
Total Return 103%
Total Portfolio Value $2,006,743.94

I think I am moving along.

Damn! How many different stocks do you own? What stock was your big winner? To double your money in a week, I would think you would have won the $10K weekly prize!:cool:

Datdude
03-19-2007, 01:04 PM
Rank 321 (Top 1%)
Total Return 103%
Total Portfolio Value $2,006,743.94

I think I am moving along.

That is amazing! Are you a "pro"?

My stuff......

Rank 85,917 (top 26%)
Total Return 1.18%
Portfolio Value $1,011,819.51


MTW was good to me last week

Leroy
03-22-2007, 08:20 AM
That is pretty lucky Slink! I'm slowly moving up.


Rank
199485
(Top 51%)
Week to Date
2.78%
Total Return
1.54%
Available Cash
$8.16
Stock Holdings
$1,015,401.20
Total Portfolio Value
$1,015,409.36

Datdude
03-22-2007, 01:46 PM
Moved up again!

Rank 76485-Top 20%
Week to Date return 4.58%
Total Return 5.82%
Total Portfolio Value $1,058,152.01

Leroy
03-22-2007, 02:04 PM
Pretty good Datdude!

Are you doing any trading or just letting it ride?

I should have stuffed mine with NFI. I bought NFI myself but did not put in the million dollar portfolio! That one is pure Vegas!

slink976
03-22-2007, 05:22 PM
I am moving down due to a bad hit. I am no pro but I have been investing (personally) for about 6 years. I juat look for companies about to report quarterly earnings then go and do research on contract signing weather the are a cheap buy at the price and predict a EPS for the coming quarter if all works out I buy. Also helped that I was in all cash the last 150+ down side to the dow!

Datdude
03-22-2007, 08:34 PM
Pretty good Datdude!

Are you doing any trading or just letting it ride?

I should have stuffed mine with NFI. I bought NFI myself but did not put in the million dollar portfolio! That one is pure Vegas!


I have made a few small moves, but most of my stocks are doing pretty good. I think it may be time to stop acting like it's my money and roll the dice on something a little more risky. Does anyone have a good stock website? I have been cruising www.thestreet.com but would like another option


Sounds like you know what you are doing slink:cool:

Leroy
03-24-2007, 11:29 AM
Getting close to buying a new MC with my protfolio earnings!

As of Market Close
Rank
143092

(Top 34%)

Week to Date
4.78%
Total Return
3.52%
Available Cash
$8.16
Stock Holdings
$1,035,231.66
Total Portfolio Value
$1,035,239.82

Leroy
04-03-2007, 11:18 PM
Slowly gaining, think I may make a bold trade given the nature of this game.

May have to buy 50k shares of my favorite sub-prime lender and play in the down and dirty box.

Rank
122139

(Top 24%)

Week to Date
1.38%
Total Return
5.08%
Available Cash
$8.16
Stock Holdings
$1,050,758.26
Total Portfolio Value
$1,050,766.42

Mag_Red
04-04-2007, 12:07 AM
They should interview the top 10 traders and see what they have been trading. That one woman is up to 2.5 mill already!:eek3:

Leroy
04-04-2007, 09:29 AM
In the write ups they talk about buying potential buy out targets and companies that were expected to have a big quarter. THis contest rewards risk and gambling!

Datdude
04-04-2007, 11:43 AM
I wish they would limit this game to one portfolio per person.

Leroy
04-06-2007, 01:08 PM
The final 128,000 people are always the hardest to beat! :) This is a fun game!

Rank
127952

(Top 23%)

Week to Date
2.51%
Total Return
6.24%
Available Cash
$4,158.16
Stock Holdings
$1,058,227.62
Total Portfolio Value
$1,062,385.78

slink976
04-06-2007, 06:47 PM
What goes up....... Falls like a brick on my head!

Rank
101679
(Top 19%) Week to Date
-0.02%Total Return
7.19%
Available Cash
$2.83Stock Holdings
$1,071,873.20Total Portfolio Value
$1,071,876.03

slink976
04-06-2007, 06:48 PM
But I am feeling my big purchase in SIRI, Monday I'll be fake-rich!!!

Leroy
04-06-2007, 07:12 PM
What's going on with SIRI?

What stocks did you buy slink?

Here is my portfolio, I just picked up BRCM after selling a oil drilling company that wasn't moving.

BRCM Broadcom... $32.98 $230860.00
CELL Brightpo... $11.85 $237000.00
JDSU JDS Unip... $15.29 $115867.62
RMBS Rambus I... $21.8 $218000.00
VRSN Verisign... $25.65 $256500.00

slink976
04-06-2007, 07:19 PM
Well in my real portfolio

I bought JDSU at 4.05 x 500 shares ... $$$$$


Other then that on this portfolio challenge
DNDN was my money maker! but it was very short lived as I shot myself in the foot!

Currently I have:
TAP bought at 88.?? 3300 shares
&
The rest in Siri, I am hoping that Audi and another car maker offering there service is going to bring the stock up. In addition to that I think a verdict should come out on weather XM and SIRI can merge. If that happens $$$$$$$ If not I am screwed!

Leroy
04-06-2007, 10:02 PM
What do you think the timing is for possible merger? I was at a funeral with the SIRI CEO and CFO (friends) and could not bring myself to ask these questions there. Merger would be big. My other gambling stocks are RMBS, waiting on legal ruling, and NFI subprime company, but unfortunately is too small for this contest.

Leroy
04-16-2007, 12:45 AM
Yes, DNDN has gone wild! Or rather did go wild. I've went up in earnings, but down in rankings.

As of Market Close
Rank
146336

(Top 18%)

Total Return
7.30%
Available Cash
$4,158.16
Stock Holdings
$1,068,887.44
Total Portfolio Value
$1,073,045.60

jbfootin
04-16-2007, 12:48 PM
Rank 131490 (Top 16%)
Total Return 8.22%
Total Portfolio Value $1,082,150.17

Leroy
04-22-2007, 01:40 AM
We are real close JBfootin!
Rank
174415

(Top 16%)

Total Return
8.06%

Datdude
04-22-2007, 11:44 PM
it's been rough going lately. Still in the top 19% but I have dropped:mad:

Datdude
04-22-2007, 11:45 PM
it's been rough going lately. Still in the top 19% but I have dropped:mad:

jbfootin
04-23-2007, 11:00 AM
As of today, 4/23/07, Here are my stats

Rank 154,847 (Top 14%)
Total Value $1,092,396.17
Return 9.24%

You hangin with me Leroy?:D

Datdude
04-23-2007, 11:16 AM
Well, I have made a major improvement:D

Currently ranked #140572 (top 13%)
Total Return 9.66%
Portfolio Value $1,096,562.81

I think this is the highest I have ever been!:cool:

Mag_Red
04-23-2007, 11:54 AM
Well, I have made a major improvement:D

Currently ranked #140572 (top 13%)
Total Return 9.66%
Portfolio Value $1,096,562.81

I think this is the highest I have ever been!:cool:what are your holdings??? Nice job:friday:

Leroy
04-24-2007, 08:32 AM
I'm slipping a bit JB! I may go on the prowl for some quick money!

Way to go Datdude!

Rank 160730

(Top 13%)

Week to Date
0.80%
Total Return
8.93%
Available Cash
$4,158.16
Stock Holdings
$1,085,133.50
Total Portfolio Value
$1,089,291.66

Datdude
04-24-2007, 11:51 AM
Well, something happened yesterday. I have no idea how, but I have made a lot of money in one day. I think Cummins was my big winner (CMI).

I am now at

#70956 (top 6%)
Total Return 15.43%
Total Portfolio Value $1,154,305.36

WOOHOO

Now I need to figure out how I made all that money:cool:

Datdude
04-24-2007, 12:44 PM
what are your holdings??? Nice job:friday:

Cummins is a large part of my portfolio:woohoo: . I also have Manitowoc Crane Company(MTW), Garmin (GRMN), BG Group (BRG) and (PCP)

Now that I gave all of my secrets away:rolleyes: :uglyhamme

Mag_Red
04-24-2007, 01:09 PM
Cummins is a large part of my portfolio:woohoo: . I also have Manitowoc Crane Company(MTW), Garmin (GRMN), BG Group (BRG) and (PCP)

Now that I gave all of my secrets away:rolleyes: :uglyhammeCummins! You dog! And after it powered up over 10 pts yesterday, you'd think it would have retreated a bit..........but NO! Not with your luck........it's up again today!!!!!!! Care to manage my real account???? I NEED HELP!!!!!!:D

Datdude
04-24-2007, 02:29 PM
Cummins! You dog! And after it powered up over 10 pts yesterday, you'd think it would have retreated a bit..........but NO! Not with your luck........it's up again today!!!!!!! Care to manage my real account???? I NEED HELP!!!!!!:D


I would love the chance to manage your real account, but the stress would probably kill me. I am not sure I am built to handle that kind of pressure. I am afraid that my success is pure luck and I would do you no good. Plus my fees are incredibly high:uglyhamme

CMI was one of two stocks that I bought when I signed up for this and I have been very happy with its performance. My initial buy was 1000 shares at $136.22. My last buy of CMI was April 7th and I bought 1657 shares at $147.70 then it split. I currently have 6638 shares valued at $562,636.00 and climbing again today:D .

Datdude
04-24-2007, 06:19 PM
I wish I would have known about this "bonus bucks" stuff:mad: . I just added $3000 to my available cash by answering two questions correctly.

On a side note....CMI's rapid increase has slowed:mad:

Leroy
04-25-2007, 11:00 AM
Finally a little pop and little more today! Easy to make money when the market is going up! ;) Rank

140766

(Top 11%)

Week to Date
1.89%
Total Return
10.11%
Available Cash
$4,158.16
Stock Holdings
$1,096,925.06
Total Portfolio Value
$1,101,083.22

Datdude
04-25-2007, 11:24 AM
As of 4/25

Rank 68499 (top 6%)
Week To Date Return 6.07%
Total Return 16.32%
Total Portfolio Value $1,163,167.88


Thank you CMI

Leroy
04-26-2007, 01:55 PM
You are smokin Datdude! I'm thinking about to go cash....

Rank

126150

(Top 10%)
Week to Date
3.89%
Total Return
12.27%
Available Cash
$4,158.16
Stock Holdings
$1,118,509.94
Total Portfolio Value
$1,122,668.10

Datdude
04-27-2007, 07:01 PM
As of 4/27

Rank 80226 (top 6%)
Weekly Return To Date 13.85%
Total Return 24.84%
Total Portfolio Value $1,248,437.62

Cummins was up over 11% today(again:D ). I am thinking I should liquidate everything and get into Cummins with all my money?

EDIT: I sold everything but CMI and MTW and bought an additional 3400 shares of Cummins......hopefully I am not too late. It is time to roll the dice

Mag_Red
04-27-2007, 07:52 PM
As of 4/27

Rank 80226 (top 6%)
Weekly Return To Date 13.85%
Total Return 24.84%
Total Portfolio Value $1,248,437.62

Cummins was up over 11% today(again:D ). I am thinking I should liquidate everything and get into Cummins with all my money?

EDIT: I sold everything but CMI and MTW and bought an additional 3400 shares of Cummins......hopefully I am not too late. It is time to roll the dice
Yeah I was thinking of you today when Cummins jumped again today.:rolleyes: After the last few days you would have thought all the good news and earning were priced into the stock...............but NOOOOOOOOOOOO! I'm wrong again! <-------see that's my luck. You should thank me for not buying Cummins............had I .......I could have guaranteed it would have gone down8p



ps hAPPY FOR YOUR SUCCESS

Ric
04-28-2007, 09:36 AM
As of 4/27

Rank 80226 (top 6%)
Weekly Return To Date 13.85%
Total Return 24.84%
Total Portfolio Value $1,248,437.62

Cummins was up over 11% today(again:D ). I am thinking I should liquidate everything and get into Cummins with all my money?

EDIT: I sold everything but CMI and MTW and bought an additional 3400 shares of Cummins......hopefully I am not too late. It is time to roll the dice That last part does not sound like buy low-sell hi to me:confused:

Datdude
04-28-2007, 01:05 PM
That last part does not sound like buy low-sell hi to me:confused:


I prefer to buy high and sell low.....you know.....something different than everyone else:rolleyes:

I have been in Cummins since the start of the game and it has been very good to me(even before this week). I have been wanting to take a major risk in this game (since it is a game after all) and I just have a gut feeling that CMI is not done. The stocks I sold to pull off this move have been ok, but a little on the conservative side. If this was real money, I would have kept those stocks and been happy.

Datdude
04-28-2007, 01:12 PM
As of 4/28

Rank 33501 (top 3%)

:D :friday: :dance: :woohoo:

Ric
04-28-2007, 01:15 PM
As of 4/28

Rank 33501 (top 3%)

:D :friday: :dance: :woohoo:


Time to sell!