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%