Monday, March 5, 2012

When in the Lead, Run Faster!



Following our trade day we had a change of leadership in our UCU Investment Challenge 2 contest, but at the end of last week, our leader gained more ground and widened the distance from the second place spot.


Matthew R., who made some shrewd trades on our trade day which carried him into 1st spot, extended his lead as his portfolio gained 20% this past week. His portfolio is now up over 79% since the start of our contest, with two weeks remaining.


The 2nd and 3rd positions see a very tight contest between Alexandra F. (up 26.8% so far in the contest) and Yuri B. (up 26.2%). Both of these portfolios have a 4%+ advantage over 4th spot, currently held by Volodymyr V. (up 22%), who himself is marginally ahead of 5th place Adam M. (up 20.5%).


Outside of Matthew R., no portfolio generated double digit gains on the week, and most of the top 5 portfolios either lost some ground or remained flat since our February 28th position marks. Other notable gainers on this past week include Oleksiy S. (up 4.2% on the week), Bob P. (up 3.9%) and Matt S. (up 3.4%).

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