Another Stock Challenge Update! (Dec 20, 2006)
December 20th, 2006 Category:Home, Stock Challenge
As you can see from our holdings below, we have picked up a few more stocks. Perhaps it would be a better strategy for this game to pick a few stocks only and ride them out. Alas, we have a tendancy to pick up whatever looks like a good buy.
Over the past few days, we have purchased: SCSS, RRZ and ARU. We are still buying based on technical analysis ONLY. If we were to put real money into the market right now, SCSS (select comfort) would probably be our first pick. Tom Gardiner over at fool.com has extreme confidence in this stock and has recommended it many times in his Hidden Gems newsletter.
The income trusts didn’t explode out of the gate as we expected with only a modest gain. AET.UN is still our biggest winner with a 10% gain.
To date, we are ranked 83rd out of 1211 traders with a 4.39% gain. Only a few weeks left in this round of the AOL Stock Challenge!
| Symbol | Name |
| Cash | $778.48 |
| APOL | Apollo Group, Inc. |
| SCSS | Select Comfort Corporation |
| T.AET.UN | ARC ENERGY TRUST UNITS |
| T.AVN.UN | ADVANTAGE ENERGY INCOME FUND |
| T.FCP | FIRST CALGARY PETROLEUMS LTD |
| T.MBT | MANITOBA TELECOM SERVICES INC |
| T.MFI | MAPLE LEAF FOODS INC |
| T.NGX | NORTHGATE MINERALS CORP |
| T.PDP | PETROLIFERA PETROLEAUM LIMITED |
| T.RRZ | RIDER RESOURCES LTD |
| T.YLO.UN | YELLOW PAGES INCOME FUND UNITS |
| V.ARU | AURELIAN RESOURCES INC. (Tier2) |
| WAG | Walgreen Co |
