What a crazy week it has been so far, and we still have Friday to contend with! Greece, Italy - both in political chaos, and then to add insult to injury, Standard and Poor's credit rating system mistakenly sent out email notification to subscribers that France's AAA/A-+ credit rating was being downgraded! S&P later came out with a correction, verifying that France remained AAA/A+ stable rating, but French bonds took on the chin anyways. With so much instability in the markets, we are pleasantly surprised to see 20% of our portfolios actually realizing a gain so far this week relative to last Friday's close. We congratulate Victoria Z, Walter Y, Roman H, Adriana V, Mel W, George F, Leisha N, Sergio R, Andriy T and Alexander R for showing that even in a tough market, portfolio gains can still be realized. We also are enjoying the fact that the top of our leader board continues to change, where last week Sangeeta P and Jeffrey Z make massive strides upward; this week we se Roman H as big gainer, coming out of no where to sit in 2nd place as of the close on Thursday. One of his positions has now generated at 210% gain (more than a 3 bagger), driving his portfolio to a 142K level. We now have a very exciting fight for all three top positions, as Marc M, sitting at 187K has seen his comfortable lead shrink with Roman H moving fast upon him. To conclude, we'd like to point to everyone that we are one week away from our trade date, which will mark the mid point of our contest. Stay tuned as we will provide updated stock screens with valuation and momentum indicators to help you look for potential switch ideas. And as always, we will provide an end of week portfolio snapshot of where each portfolio is positioned.
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