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August 2008



By way of explanation

August 15, 2008 – Comments (0)

I just lost 161 points on ProElite alone. If you think that one stock can't affect a player's rating, that was more than one fourth of my points. (Fortunately, I have a huge amount of rating from accuracy, which is kind of silly, if you think about it.) 

Considering it doesn't normally trade, and it can move more than 200% away from what you think your cost basis is going to be when you pick it on CAPS, I'm going to end that pick and not look back.



New CAPS contest

August 06, 2008 – Comments (1)

Hi there, boys and girls! Your Uncle Fleabagger is flacking a new contest today. It's called "Search for a Winner" and the rules are downright bizarre. You have to pick stocks (1-9 picks) with "mar" somewhere in the company name. You can search CAPS by typing mar in the search field, DO NOT HIT ENTER, and click the Search CAPS button.  [more]




August 01, 2008 – Comments (3) | RELATED TICKERS: NVDA

Alright, everybody. I just went back to the Eldrehadspicks page and looked at the scorecard. One of his picks is down > 40% (!) It's called NVIDIA (NVDA), and they're a chipmaker. They make the best graphics processors around, and their stock price is beaten down because of a price war with Intel and a one-time $200M charge based on a faulty something-or-other.  [more]

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