Week 4 Portfolio Snap Shot - The Race is Heating UP!

We have now wrapped up week four, and heading towards the midway mark of our UCU Investment Challenge. I'd like to remind everyone that there is one and only one opportunity to make switches in your portfolio, and those need to be submitted before 5pm on Thursday, November 17th. The results so far continue to have Marc M. at the top of our leader board, where the value of his portfolio has a current value of 184K. A huge advance this week has come from Roman H., whose portfolio advanced 42% on the week, catapulting him into 2nd spot. His portfolio is now valued at 147K, turing the battle for first place on its head after it appeared as though Marc M. would run away with this contest so early on. Holding down third spot is Sangeeta P., whose portfolio had the most dramatic move in Week 3, putting her into third spot, now valued at 123K. What we'd like to point out is that this is still anyone contest, and you never know when a position will perform very strongly, driving portfolio values higher. This is what makes this contest so exciting is that even though you may think that you're treading water, out of the blue anything can happen - your holding to have a huge corporate announcement about very strong earnings, a takeover of the company, or a very large new order that changes the value metrics for the shares over night. This can also work in the opposite direction too, and so it makes it fun following corporate announcements and global economic events.