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4 Hot Stocks To Buy In 2009 Competition Update

I entered into a stock picking competition with a number of other bloggers at the beginning of this year.   I picked four small oil-related companies as part of my “swing for the fences” strategy.  So far it has paid off since my portfolio is up over 40% for the year.  In the last stock picks update I was in first place thanks to the surprising strength of oil prices.  Regrettably my performance has dropped off a bit and a couple of my competitors have picked up their socks.  Regardless, I’m still in 3rd so I’m happy with that.

The rankings

IntelligentSpeculator 73.05%
WildInvestor 56.78%
FourPillars 44.26%
Wheredoesallmymoneygo 43.01%
The Financial Blogger 24.49%
Dividend Growth Investor 11.51%
Million Dollar Journey 8.49%
MyTradersJournal -3.16%
ZachStocks -13.17%

Here are my stock picks and purchase price and (Oct 1 close)

BCF.to – Bronco Energy $1.27  ($0.76)

HOC.to – Heritage Corp $3.65   ($8.31)

TOG.to – TriStar Oil and Gas $11.41  ($15.38)

CLL.to – Connacher Oil Gas $0.74  ($1.06)

15 replies on “4 Hot Stocks To Buy In 2009 Competition Update”

Hi

Carry on at this rate (presuming you backed your selections up with some money!) and you will end up a billionaire!!

Congratulations.

Neil

Mr Cheap is making fun of FP, but I believe that FP is more qualified at running a hedge fund than most of the guys currently running one ( I would also add mutual funds too).

Congrats on your market performance. I would get you in the final 2 quarters 😉

Best Regards,

DGI

I think it would be fun to run a hedge fund – even if I don’t know what I’m doing.

The portfolio I assembled is very dependent on oil – I could win this thing by a mile….or finish in last place by a mile. 🙂

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