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$2 stock competition

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Captain
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Posted: #1

I'm in a competition where we have to pick a stock that is under $2 a share as of 10/31. We hypothectically buy and hold 1 share for 6 weeks and see who has the best rate of return. No shorting either.

I'm wondering if anyone can give me any suggestion before I start my search. Thanks!

 
Covers Linesmen
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Joined: Feb, 2003
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Posted: #2
I would go with MF if you were going to take a huge risk.

 
Veteran
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Posted: #3
wallstreet-- what is your take on mf after this proposed sale to ib over the weekend?
 
Covers Linesmen
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Posted: #4
I gave out MF because either way, good or bad it would for sure be a wild ride and worth discussion. Of course I did not and would not buy any of it unless the money was 100% risk capital, fully able to flush if it didn't work out. Contests at school or fun aren't meant to be boring and safe, going with MF would be a crazy move and it would be discussed win or lose.
 
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Posted: #5
Quote Originally Posted by wallstreetcappers:

I gave out MF because either way, good or bad it would for sure be a wild ride and worth discussion. Of course I did not and would not buy any of it unless the money was 100% risk capital, fully able to flush if it didn't work out. Contests at school or fun aren't meant to be boring and safe, going with MF would be a crazy move and it would be discussed win or lose.

MF will no longer be with us in the near future 
 
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Posted: #6
Sirius
 
Captain
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Posted: #7
Quote Originally Posted by NoWorries21:

Sirius

Funny you mentioned this because after the MF news this morning I ended up picking SIRI. 

I actually bought some back when it was .10 cents a few years ago when it was on the verge of bankruptcy. Just kind of rolled the dice with some extra cash I had on hand. Ended up selling it months later for $1.20. 

Such a crazy morning because I had to have my pick in by 4 pm PST today and I was going to roll the dice with MF until this morning. Crazy day. After reading up on them I thought for sure someone would come to their rescue. Guess I was wrong. 

Thanks for the input and discussion everyone. 
 
 
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Posted: #8
MF certainly has provide for a very interesting classroom discussion with all these headlines they are making last 2 days
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