2010 Blogger Stock Picking Contest – Q2

July 2nd, 2010 by Potato

My picks look even worse over the last 3 months.

HBU is up, but I had shorted it (-23.6%)
FRE-W was doing ok for a while there, then in June the political risk reared its head, and the government decided to delist the shares, sending it spiralling down (-65%)
IM reversed its gains to be basically flat (-7%)
AONE is down even more (-59%)

If my math is right, these picks are down 38.6% overall since the beginning of the contest, putting me squarely in last place (note that my real-life investments are not this risky and have not been as terrible!)

Remember that this is a game with a set end-date so looking for value is not necessarily the way to go — often a shoot-the-moon approach works well in these kind of games. So bear that in mind, and don’t consider any of these as recommendations for you to actually buy!

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