Wednesday, February 15, 2012

Friday Feb 17 - UCU Investment Challenge 2 Trade Day!



Markets have been strong over the past several weeks, with the exception of last week (which was a slight pull back from a very strong 6 week run).


We posted an earlier comment where we showed the top 10 performing positions, and the 10th best had a return over 25% since the start of our contest. This week has shown a few other stocks performing very well, and we will see that portfolios will be shifting positions fairly dramatically by the end of the week.


Which leads us up to Trade Day, which is Friday, February 17th. We will ask that all contestants wishing to make changes to their portfolios please send in their switches (both sells and buys) by 18:00 (6pm), so that we can record them. Both sell and buy prices will be marked using closing prices as of Friday February 17th.


Things are heating up, and we noticed that over the past week distances between portfolios in the winners' circle have narrowed, and we have several portfolios within striking distance of a prize, where the 4th through 8th spots that could make a dramatic move during any week.

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