Tuesday, January 01, 2008

Top Financial Bloggers Eligible For Stock Picking Contest

Asif Suria of SINLetter.com is sponsoring a stock picking contest for top financial and business bloggers. Additionally, subscribers to his site can enter the contest as well. The evaluation period for the stock contest is the first quarter of 2008. Additional information can be found on his site where the stock picking entry rules are outlined.

Several of my picks deviate from my traditional dividend growth focused investments since the time period being evaluated is rather short term, i.e., three months. Many times out sized gains in the short run are experienced with stocks that have high betas relative to the market. Additionally, some of my picks, such as First Marblehead (FMD), have significant business risk. In FMD's case, the tight securitization market has negatively impacted their business prospects of late.

(This information and content should not be construed as a recommendation to invest or trade in any type of security. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. All individuals are advised to conduct their own independent research before making any investment decision. It should be assumed I have a financial interest in the position I take on any investment position)

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