The November competition is proudly sponsored by OpenTrader, Australia’s newest and most advanced retail broker. Trade with the technology that the professionals use!
For those who only trade occasionally, OpenTrader‘s Investor Wealth platform has no monthly fees, charting, price alerts, conditional orders, unlimited watchlists, live portfolio valuation and access to their proprietary Asset Greed/Fear Index. Brokerage starts from just $5 a trade.
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All ASF members and visitors who signup with OpenTrader through a link at ASF will get three months free access to their Active Share Trader PRO platform, valued at $297. So please be sure to check them out. Whether you’re an active or occasional trader, you’ll find them very hard to beat.
A quick recap of the rules for those not familiar with them:
1. Each entrant may choose one ASX listed stock. Options, warrants and deferred settlement shares are not permitted.
2. Stocks with a price of less than $0.01 are ineligible for the competition, as are stocks that are currently suspended from trading.
3. Either before or after posting your entry and before the deadline for entries you must post in the forum thread of the stock you have entered providing either a general update or a view on why you think the share price is going to increase in the short term.
4. The winner is the entrant whose selected stock performs the best in percentage terms between the close of trading on 29 October (entry price) and the close of trading on 30 November.
5. The maximum number of entrants in the competition is 100.
The entry price for all entries is the closing price on the last trading day of this month.
The competition winner will receive $100. The second placegetter will win $50 and the third placegetter $25.
You have until midnight on Sunday, 31 October to enter. However, in practice, entries can be submitted until this thread is closed. No entries submitted after that can be accepted for any reason.
Please post your entries in this thread. Remember, once you have selected your stock, you CANNOT change it for any reason.
Best of luck to all entrants!