~~ FINAL CHALLENGE RESULTS for 2/13/2017 Origi
Post# of 1584
Original post of the Challenge starting:
http://investorshangout.com/post/view?id=4320410
Original Stock Prices: http://imgur.com/6YEO7jV
ADVT = 244.595% increase
WDRP = 54.7619% increase
SDVI = 7.14286% increase
MJMJ 40% decrease
These percent changes are TOTALS . Meaning the change from the initial starting date on 1/30/2017 through today!
Results : If it wasnt for that MJMJ pick, i would have been up 307%, but because i have to factor in -40% for MJMJ, these stock picks have resulted in a gain of 266.5%
Amazing! I didnt know about these 4 stocks prior to this challenge. By doing intense DD for several hours (which resulted in a literal migraine), I was able to pick 3 winners out of 4. Had I invested $40,000 in this challenge, i would have ended up with $147,000 in ten business days.
Purpose of this challenge:
This challenge was to see if its possible to pick winners by doing intense DD in a short period of time. In addition, it was in preparation for investing $40,000 in one stock. I need to be certain my DD is up to this challenge. $40,000 in one penny stock is unheard of.
What I learned..
Picking 3 out of 4 winners is pretty darn good and i cant beat myself up for that. but i need to figure out what went wrong with the MJMJ pick. why did i think it was going to go up? i was convinced it would but it decreased by 40%.
Whats next..
1. Im going to start Challenge #2. this will entail finding 2 stocks (instead of 4). ill have to do even more DD on account that i will only have 2 chances to find a winner.
2. Challenge #2 will run for two more weeks. Ill post the results during the week and the final results at the end of the week.
3. If im able to pull in a profit in Challenge #2, ill feel confident enough to move onto the real investment of $40,000 in one penny stock.
READ and UNDERSTAND:
When i am ready to invest the $40,000, i am not sure YET how i will go about it. I may purchase small amounts of shares over the course of a week.
There are lots of things i need to figure out before i go through with this.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
I do not have a clue who reads my posts. Do NOT invest in these Challenge Stocks! This is extreme risk. This is for entertainment purposes ONLY!! If you follow along for fun, great. If youre following along thinking youre going to copy this Challenge.. youre setting yourself up for LOSS!!!!!!
Only invest what you can AFFORD to lose!!!!
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.