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'[OT]: Insider Trading help wanted :-)'
2001\05\09@082233 by Russell McMahon

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My daughter ahs $US500,000 virtual money and 1 month to make her fortune on
the US market.
In the few days so far she has done poorly.
Cisco will rise I'm sure but so far hers keeps falling :-)

Anyone here want to give some good insider hints on stocks that are liable
to quintuple in the next few weeks.
(If it's a really good tip see me in Rio for your free drink)(choice is Coke
or Pepsi).

Seriously though, any useful leads based on a better knowledge on what's hot
than we have down under here would be appreciated.


Russell McMahon

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2001\05\09@090600 by Mark Newland

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You really expect a bunch of computer geek types to know the sophisticated
details of the market?  If I could "quintuple" my REAL money in the "next few
weeks", I could pay someone to type this message in for me instead :)

Check http://www.fool.com

Russell McMahon wrote:

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2001\05\09@111548 by Dale Botkin

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On Wed, 9 May 2001, Russell McMahon wrote:

> My daughter ahs $US500,000 virtual money and 1 month to make her fortune on
> the US market.
> In the few days so far she has done poorly.
> Cisco will rise I'm sure but so far hers keeps falling :-)

So tell her to short sell the stock that keeps losing.  8-)

> Anyone here want to give some good insider hints on stocks that are liable
> to quintuple in the next few weeks.
> (If it's a really good tip see me in Rio for your free drink)(choice is Coke
> or Pepsi).

If I had one that was REALLY good, I could travel to Rio to collect -- but
wouldn't need to!

Dale
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On my desk I have a workstation...

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2001\05\11@084955 by Snail Instruments

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I've heard about such an experiment - they let group of experienced analysts compete with a chimp (they probably had the chimp only decide simple questions like sell/buy, trade short/long). Well, the chimp wasn't the best, but also not the worst, just about average :-).

Josef

> Anyone here want to give some good insider hints on stocks that are liable
> to quintuple in the next few weeks.
> (If it's a really good tip see me in Rio for your free drink)(choice is Coke
> or Pepsi).

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2001\05\11@103823 by Eisermann, Phil [Ridg/CO]

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The classic being "A Random Walk Down Wall Street" I think by Malkier (?).
Original came out in the 70's, i think. It showed that if stocks were picked
at random, those stocks would do as well as approximately 75% of the
analysts.

I suppose it somewhat depends on the market climate, as well. The last ten
years have been good. Hard to pick losers. The last two or three years not
so good.

If i knew some stocks that were liable to quintuple in the next few weeks,
I'd be thinking of early retirement :) Seriously, though... without
extensive research on the companies in question, and a thorough
understanding of the market sector the stocks are in, this type of investing
is nothing more than gambling. If someone has that knowledge, its called
speculating. Either way, it's a gamble. If I were to do this experiment, I
would look at low-priced stocks (e.g. in the $1/share range or so) and
IPO's. Find out about the company and its business sector. Buy when the
stock is low, sell when it is high (Duh!). This means you have to watch the
stock(s) constantly throughout the day. Remember to subtract brokerage
comissions from the returns to get the real amount of money you made. But I
personally wouldn't attempt this, nor recommend it to anyone else. How many
people (unless you are an analyst or retired) have the time for this?. How
many people have $50,000 laying around that they don't need?

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