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Chimpcontest update: Ah, the irony!

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August 28, 2011 – Comments (18) | RELATED TICKERS: VICL , CIGX.DL

A year ago I was just another pawn in the Chimp's evil games, submitting my contest entries and watching them go nowhere. I liked the contest concept but felt it could benefit from some twists to make it more than just a lottery game. I volunteered to split the payout with the Chimp and developed a contest with a requirement for a pitch in the form of a haiku, an extremely simple 17 syllable poem. We added a judging system in which the contestants themselves could affect the odds of other contestants winning the contest. I hoped that the contest would bring out the latent creativity among CAPS players, and stimulate more pitch writing. I expected a voracious response leading to more contests with limericks and song parodies, ultimately leading to books, movie deals, and of course world domination. 

What happened instead was that only about 70 haikus were submitted to fill the 100 available contestant slots, and a large proportion of those were obviously half-hearted efforts with little thought put into them. Apparently $500 isn't enough of a stimulus to churn out seventeen syllables for 1930 of the 2000 or so active players here. Perhaps the economy isn't as bad as people think. Many of those who submitted haikus couldn't be bothered to rate others, so that most haikus had to be scored short of five votes. If anything, pitch-writing has become more sporadic and marginal since the contest began. The Chimp has given up on human civilization as a result and has retreated deep into the primordial forest from which he sprang.

I was slightly gratified that the contest winner chose Vical, a biotech stock that I strongly recommended at the time the contest began. But BlackSwanCapital has apparently moved on to other projects, so I'm stuck looking for another way to close the contest. The second place finisher was MotleyAnimal who entered another biotech, Star Scientific. Wow, one of my most detested stocks, and the subject of a feud with Pumper-in-Chief James Altucher. How ironic. And even more ironically, the long-expected implosion occurred exacly one week after the close of the contest and Star would be in the middle of the pack if the contest ended today. In MotleyAnimal's favor, however, he closed his own pick on Star three days before it tanked for a strong positive score.

So I've decided the fairest way for me to conclude the contest is to pay out $250 to MotleyAnimal for his default victory and leave future contests to jungle creatures with more realistic expectations. MotleyAnimal, congratulations and please provide contact information in a reply to your CIGX pitch. 

18 Comments – Post Your Own

#1) On August 29, 2011 at 12:46 AM, HarryCarysGhost (99.70) wrote:

ZZ chipped in but

Haiku's went by the wayside

Chimp is nowhere found.

 

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#2) On August 29, 2011 at 1:28 AM, awallejr (85.41) wrote:

I dunno seems VICL seems to be the winner at the moment.  Score should be whatever it is at the end of August in my opinion.

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#3) On August 29, 2011 at 8:30 AM, TSIF (99.96) wrote:

VICL did win, but the player,  BlackSwanCapital is not to be found (gone since May)...so I believe ZZ is working down to the next player in line.... an admirable way to approach the problem...techically he's done at BlackSwan.

I still contend that Chimp is out in the jungle gathering up the boys after watching the Planet of the Apes movie..... if we tear down enough of the bank owned houses and the excess on the market then homebuilders will have a better market.

P.S. ZZ, I didn't see the contest until it had been open a day or so. I wrote two brillant haiku's, but each time I logged back in my picks had been taken and time ran out on me.

Of the 2,000 or so active players, I'm not sure how many get to the blogs on a regular basis....but I certainly do appreciate your efforts.  It was fun to watch, especially the part about watching you try to teach us Fools how to write Haikus!!

TSIF

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#4) On August 29, 2011 at 11:24 AM, EnigmaDude (93.27) wrote:

Geez - as of today my pick (EXAS) is in 2nd place with the floundering of CIGX and the drop from AUQ!  Don't think it would pass up VICL before the end of the month but my haiku got pretty decent scores.  Any chance you would be willing to split the winnings between me and motleyanimal? ($250 each)  After all, that's probably what the chimp would do, if he were not off swinging in a tree someplace...

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#5) On August 29, 2011 at 11:41 AM, falang1 (96.14) wrote:

Wow, the chimp split, then the winner?  What has this world come to?  Congrats to whoever picks up some cash from this. 

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#6) On August 29, 2011 at 11:49 AM, EnigmaDude (93.27) wrote:

Here are some more reasons why the contest should end today, August 28 (instead of the initially proposed date of Aug. 19) - I plead my case!

 Historical Events on 28th August

476 - West Roman Empire formally disbands/emperor Romulus August ousted

1189 - Third Crusade: the Crusaders begin the Siege of Acre under Guy of Lusignan

1655 - New Amsterdam & Peter Stuyvesant bars Jews from military service

1837 - Pharmacists John Lea & William Perrins manufactures Worcester Sauce

1883 - Slavery banned throughout British Empire

1898 - Caleb Bradham renames his carbonated soft drink "Pepsi-Cola".

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#7) On August 29, 2011 at 12:04 PM, motleyanimal (87.06) wrote:

zzlangerhans, thank you very much. I have two local charities in mind for this money, and I'm sure they will be very grateful as well.

If you can drop me a note at this email address: natomasbobcats@yahoo.com I will send you any personal info you need.

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#8) On August 29, 2011 at 12:59 PM, EnigmaDude (93.27) wrote:

Actually, I just re-read motleyanimal's haiku and I have to say it was excellent!  Plus CIGX is making another run up today.  I concede to his wit and wisdom and applaud his intention to donate his winnings to charity.  Congratulations on picking a stinky stock to win the contest!

I will go back to my real job now...

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#9) On August 29, 2011 at 6:07 PM, Option1307 (29.74) wrote:

Fun contest all around and while its sad we only got 70 Fools to sign up, it's not all that surprising... People are really lazy!

Thanks for making this happen ZZ!

Hopefully you don't join the chimp and leave town on us, your thoughts are always appreciated.

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#10) On August 30, 2011 at 1:13 PM, Kvedarna (99.51) wrote:

any thoughts imperial sugar ipsu?

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#11) On August 31, 2011 at 10:14 AM, goldminingXpert (29.42) wrote:

Shame that such a lousy stock like CIGX would win.

Too bad about Chimp leaving too ... the CAPS community is losing so much of its character. Hopefully accuracy isn't nerfed, or else they'll lose even more active players who have been here for years.

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#12) On September 01, 2011 at 2:30 PM, zzlangerhans (99.76) wrote:

MotleyAnimal,

No response to two e-mails. Did you get your address right?

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#13) On September 01, 2011 at 2:47 PM, motleyanimal (87.06) wrote:

zzlangerhans

Got your emails. Sorry I haven't responded as I've had house guests and have been busy lately.

I will send you an email today.

Thanks.

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#14) On September 06, 2011 at 5:58 PM, BlackSwanCapital (66.61) wrote:

I'm here, I've been keeping a tab on chimpcontest instead of you (my apologies).  You do provide a lot of biotech guidance which is how I came upon this post - Bucephalusfund@gmail.com

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#15) On September 06, 2011 at 5:59 PM, BlackSwanCapital (66.61) wrote:

I hope I'm not too late...

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#16) On September 06, 2011 at 6:01 PM, BlackSwanCapital (66.61) wrote:

Ironically I could really use the cash as someone just stole my ipad, lol

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#17) On September 06, 2011 at 7:20 PM, zzlangerhans (99.76) wrote:

Sadly, the money order has already been mailed to MotleyAnimal. If I think of an appropriate consolation prize I'll let you know, but it won't be financial. If the Chimp pops up in the future he might see fit to fling his half of the prize money in your general direction.

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#18) On September 06, 2011 at 8:45 PM, BlackSwanCapital (66.61) wrote:

Alrighty, no problem.

It was a fun contest anyhow :)

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