All Star Portfolio - Investment Club - First week
May 21, 2009
– Comments (12) |
RELATED TICKERS: HOGS
, FAX
, APWR.PK
goldminingXpert 100.00 BravoBevo 99.99UltraLong 99.99 bullishbabo 99.98 portefeuille 99.98 JakilaTheHun 99.94 kaskoosek 99.86 RonChapmanJr 99.85 EggplantWizard 99.85 FreundInvesting 99.79 SuperPicks 99.76 gman444 99.72 GoodVibe4Ever 99.69 Bays 99.48 russiangambit 99.30 edwjm 99.24 rd80 99.14 JGus 98.32 binve 96.72 ChrisGraley 96.44
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TMF Jake joins the AllStarPortfolio Community !May 19, 2009
TMFJake wrote:
I LOVE this project. Thanks Solaris for starting it up.
See you on the Google Group!
**
One green thumb per person. Minimum Time Frame 6 months. Players are free to change the pick as often as caps permits. No Ultras (FAZ was picked before the discussion was finished, and will be closed soonish). No Bear ETFS.
To qualify for a pick you must:
Have a RATING of more than 99 on the day of pick
-OR-
Be a "yes"man with a RATING of 98 or higher on the day of pick
-OR-
Have at one time been a Top Fool
-AND-
1. Have been a caps player for more than 6 months.
2. All picks MUST have a pitch, and a time frame.
-OR-
Be in the Top Ten at the time of pitch
IF A PLAYER FALLS BELOW RATING 80, AND THE PICK IS IN THE RED, THE TOP FOOL OF THE GAME CAN DECICE TO CLOSE THE PICK. If the Top Player does not want the job, it will be given to the highest ranked player in the account.
To submit a pick Players should attach their pitch to a blog from this portfolio, or indicate in this blog that they have one on their own page. I will then copy that to the stockpicks list on the quickstats page, so that it will be visible on both the stock page and the quickstats page. I will of course place your name, and score at time of pick on the pitch.
You can name your stock here, for dibs (will hold for 7 days), but i will not post the stock until you have made your pitch also.
I am willing to share the password with a few someones, if they would like, to facilitate timing.
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21+ fools have already made a pitch, effectively 'cost averaging' and buying in even though it's 'not the best time'. I am grateful to those who jumped in right away, because though they may lose a little in the beginning, the project might have stalled without some starters. Several other fools have mentioned interest, but are waiting and trying to time the market.
We are already racking up a few charms, like the Favorite charm, and the coveted Most Helpful Pitcher charm.
Also, we have received 73 Groupies, and 111 pitch recs in less than a week. Not bad?
-solaris
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There has already been some interest shown in making an 'Investment Vehicle' to work with this portfolio. We have opened a google group to discuss the possibility. To keep static to a minimum we have created it as a private group discussion. To be invited to the discussion, please send your screen name to allstarportfolio@gmail.com and ask for an invitation. Thanks.
One idea i like is to start a private corporation, and use a model like foliofn, wherein we would create the portfolio with equal wieghts, and folks would be able to invest any amount they want, receiving partial shares.
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