Hello fellow Fools.
Today I come to you with this exciting opportunity of possiby winning a meaningless contest.
Pick a stock, any stock.
Your start price will be recorded as soon as I see it with a $1,000 purchase price.
Entries must be made by New Years day. (but you'll soon see that the quicker your in it the more likely to win it)
After your pick is made your cost basis will be lowered for every dividend received. I'll also adjust for splits.
Contest ends on 8/17/13 (I'm trying to reward long term investment) (and why would you want to give your gains away at a 35% tax rate anyway)
The person whos stock value exceeds the cost basis by the most wins (kinda like real life..eh)
I will plant five fiat based currency notes in the hands of the homeless dude I see on my way to work everyday, or if the winner prefers I'll drop it in a Salvation Army kettle.
Lets see who wins the tortise and the hare debate.