Diversifying Ruined

I know its a bit late to post this as the game has already started. But hey, even if you register in the last day and just pun on any stocks and earn big gains, you can still be the winner of this poems stock challenge! A very good opportunity for those who want to have a feel of how investing is like.

Eligibility

(i) Participants must be at least 18 years old and above.

(ii) Participants can be students from any of the participating universities (SIM, NUS, NTU & SMU) or students from graduating class for the year 2007.

(iii) Employees of Phillip Securities or the Universities and their affiliates are prohibited from participating in this contest.

(iv) Participants can be of any nationality.

(vii) Participants can choose to invest all given funds in one or more stocks listed on SGX and/or 50 component stocks in Straits Time Index.

Contestants are allowed to participate in both the “Individual” and “Team” categories. However, each individual participant is only allowed to be member of ONE team.

Duration
Game commences on 10 September 2007, 8.30am and ends on 19 October 2007, 5.00pm.

Your Objective

Your performance is based on your Realized Profit; you are evaluated on how much profit you made from trading, and NOT on your Available Cash. Thus your objective is to accumulate as much Realised Profit as you can, subject to the following conditions:

1. At least 20% of your Total Realised Profit must be from any of the 50 STI component stocks.

2. After which, you will be ranked according to your Total Realised Profit.

Be among the highest in ranking to win top prizes. You are strongly encouraged to trade on any of the 50 STI component stocks.

The system will only take into account the Realised Profit accumulated from 10 Sep 2007 to 19 Oct 2007. The last trading day is on 19 Oct 2007. After 5.00pm, the existing shares in your portfolio will be “force-sold” at the closing price on 19 Oct 2007. If you wish to avoid this situation, you should sell your shares at your own discretion before the force-selling is done.