Top Stock Picks for 2009 Competition Q1 Update

I entered into a stock picking contest with some other bloggers – who shall rue the day they decided to do battle with Four Pillars!  🙂

Traditionally, the only way to do well with stock picking contests is to swing for the fences and hope for the best.  With that in mind I picked 4 small Canadian oil stocks which have been beaten down quite a bit.  If oil rebounds next year then these stocks should perform quite well.  There are probably better plays on the price of oil but this is the best I could do on 3 minutes of research.  Keep in mind these are pretty much random selections – do not consider this a recommendation or any kind of advice!

BCF.to – Bronco Energy $1.27.  I started watching this stock a few months ago when it was trading at $10 (it’s now less than $1.50).  My Dad saw some analyst recommending it on BNN – great call – down 85%!

HOC.to – Holly Corp  $3.65

TOG.to – TriStar Oil and Gas  $11.41

CLL.to – Connacher Oil Gas  $0.74

How am I doing?

Not bad…not bad at all!  My picks are down 2.67% which is good for 3rd place (so far).

Here are all the competitors and their results:

• IntelligentSpeculator     4.33%
• TheFinancialBlogger     -0.94%
• FourPillars     -2.67%
• Million Dollar Journey     -2.96%
• DividendGrowth     -8.27%
• WildInvestor     -8.90%
• Wheredoesallmymoneygo     -21.77%
• ZachStocks     -24.19%
• MyTradersJournal     -27.54%

The other competitors (click to see their picks)

The Wild Investor stock picks

Zack Stocks stock picks

Dividend Growth Investor stock picks

My Traders Journal stock picks

Where Does All My Money Go stock picks

Intelligent Speculator stock picks

The Financial Blogger stock picks

Million Dollar Journey stock picks