StonkForums May 2024 Stock Picking Contest Congrats to (T.B.A.) the StonkForums April 2024 contest winner! *Link to StonkForums April 2024 Stock Picking Contest* On to the next! The StonkForums May 2024 Stock Picking Contest starts at the opening bell on Wednesday, May 1st, 2024. If you want to be eligible to participate in this month's contest here is what you need to do (REQUIRED!): 1.) Post 2 tickers (ex. AAPL = Apple) but YOU MUST pick 2 not just 1 or else I will not add you to our list of contestants! 2.) Choose either Long or Short for each ticker (Obviously LONG = if you think it will go up ... or SHORT = if you think it will go down this week) 3.) Both of your picks MUST each be at least $2 from the closing price of the last trading day of the prior month at the bare minimum! If you pick something that is under $2 then your pick will not count, and you will not be entered into this month's contest! Contest Rules (PLEASE READ THESE AND FOLLOW THEM!): 1.) No OTC or IPOs. 2.) No Futures, Forex, Indexes stuff like that... Equities ONLY that trade on the U.S. Stock Exchange! 3.) If you don't post both the ticker AND the direction (LONG/SHORT) you won't be added to the list of contestants for this month's stock picking contest! 4.) You cannot duplicate someone's exact play! For example- If someone picks AAPL - Long and BAC - Long first then you may only pick AAPL - Short and BAC - Long or AAPL - Long and BAC - Short <-- you may only duplicate 1 pick but not BOTH! This is a first come, first serve basis here! 5.) Picks absolutely MUST be posted in here before the 9:30AM eastern time cash market open on the first trading day of the month! 6.) You are NOT allowed to pick any leveraged ETFs/ETNs (2x/3x). If you choose one, it will not count. If incorrect picks go un-noticed, you risk your position being forfeited! 7.) RATIONALE - You may post up a rationale (either technical or fundamental) for both of your picks but they are not required. This is optional for everyone. 8.) Please DO NOT EDIT your original post with your picks! If you absolutely must choose another pick, please use a separate post and state that you are changing your original pick to something else! 9.) You may choose to close out one or both of your picks at any time during the trading month. PLEASE POST YOUR OWN CLOSING PRICE(S)! We will be using the intraday 1 minute closing price using the time stamp of your post on StonkForums for when you closed out your pick. You will need to state which pick(s) you are closing out as well as the price & the time of when you closed out. I will be confirming that your closing price is correct by looking at the 1 min. intraday chart. If it is not correct, I will then post up your correct price and input that into the live spreadsheet. If you choose to close out after the trading day is finished (after the closing bell), you will then get the next day's opening price. If you have any questions, feel free to ask, and if anyone sees someone else messing up, please correct them. Also, please look at your positions after I post the spreadsheets. I try to catch mistakes, in and out of my control, but need your help in making sure the information is accurate. Remember...the contest starts at the opening bell on Wednesday, May 1st! GLTA. (Click Here to view this month's contest spreadsheet!) EMBEDDED SHEET: Click the button below to submit your monthly picks via the Google Form- ***IMPORTANT NOTICE: MARKET DIRECTION VOTES ARE REQUIRED TO BE "POSTED" ON THIS THREAD IN ORDER TO BE ADDED TO THE MEMBERS VOTING RECORD SPREADSHEET!*** EMBEDDED FORM: (Click Here to view the StonkForums 2024 Monthly Contest Winners!) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- This is a poll for the month of May, 2024 Expires Wednesday at the opening bell on: 5/1/24 Don't forget to click the "Vote Now" button! How does StonkForums think the S&P500 will close the month? Starting point: (T.B.A.) **Starting point will be edited into this post after last trading day of the prior month** *Link to Previous Monthly Poll Thread* Don't forget to post your vote to be listed in the 2024 Results from the last poll April 2024 5,254.35 5,254.35 (+/-0.00%) StonkForums Voted SF wins the monthly poll tally this month. Credit goes to the UP votes! Post your Vote! Notes/Guidelines: 1) For purpose of the spreadsheet record flat is currently based on +/-1.00% or less. Of course, everyone can define flat any way they choose. 2) Up, Flat, or Down must be clearly specified in a post in order to be listed in the spreadsheet, otherwise it'll be assumed that post was not intended to be a part of the official record. 3) It's OK to post your vote if you missed the deadline after the poll has expired and if the market has not really moved that much or especially if your late vote is opposite or flat of the S&P futures ATM. It will be up to my discretion and obviously, the more active voters will be given more leeway. 4) Starting and ending points based on official month ending close of the market. 5) The primary goal of this game is to track our performance. You can consider it a contest or as a personal critiquing tool to better ones performance.
