What is it with CNBC's stock market contest?

Tags: CNBC Million Dollar Portfolio Challenge
19 Jun 12:43pm
Posted by callme
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If you were one of the 375,000 participants in the CNBC Million Dollar Portfolio Challenge stock picking contest, you're probably aware that there has been a certain amount of controversy about the ways that some of the top contestants might have been able to generate superior returns over the first 10 weeks of the contest. An article ("CNBC's Easy Money") in the current issue of Business Week takes a closer look at the controversy, pointing out that several of the top contestants might have e...
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June 5: CNBC Doesn't Know What Its Doing.

Tags: CNBC Million Dollar Portfolio Challenge
5 Jun 7:28pm
Posted by callme
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I think CNBC's competition this year was great and all, but I sure hope they learn from their mistakes because it sure as hell hasn't been an easy ride. First you have Nancy Beaument cheating in the earlier weeks prior to the finals with her 2 million different accounts, and now a week after the competition's ended, they have this on their front-page:"...The CNBC Million Dollar Portfolio Challenge ended May 25th. CNBC has been contacted by several contestants alleging unusual trading in violat...
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May 24: CNBC Final Day, Final Pick, Final Chance

Tags: CNBC Million Dollar Portfolio Challenge
25 May 12:58am
Posted by callme
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Today marks the final day of stock picks to determine the winner.  Nancy from last place to first is very impressive.  I wonder where she's getting her stock tips and advise from.  In any means, best of luck to her since she's closely followed by Serge and Steven.  Today's final pick should determine who the winner is - choose and choose wisely, the million dollar depends on it!#1 Nancy Beaumont: $1,461,868.96 up $129,865.56 from 29,249 shares of The Men's Wearhouse yesterd...
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May 23: CNBC Second Last Day's Pick

Tags: CNBC Million Dollar Portfolio Challenge
23 May 11:59pm
Posted by callme
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First and second are running closer and closer together.  With only two more picks to go, it's pretty much all bets on either Nancy or Serge to be the next millionaires.  #1 Nancy Beaumont: $1,332,003.40 yesterday sold 67,959 shares of Pacific Sunwear losing almost $30K on its 2.15% decline Tuesday. Sold 1 share of Crystallex Intl.  at a loss of $0.11. All-in on The Men's Wearhouse which reported strong earnings after the bell Tuesday and was up almost 3% in extended hours.#2 Se...
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May 22: CNBC, What's New, What's Happening

22 May 11:57pm
Posted by callme
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Yesterday a great big leap by Nancy, from fifth place to first on her buy in The9.com - another Chinese Internet company.  Unfortunately, today's Chinese Internet stocks aren't doing so great, and have been dropping.  Here are the latest updates:Rank   Previously      Name                        Closing            &nbs...
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