So it begins again… Back by popular demand, welcome to…. The 200 Tacos Stock Challenge: Part 2! Not much to say here, but let’s do some quick analysis of our players and what they’re carrying.
1. Hank the Bank
Initial Holdings: AAPL, C, GM
Strengths: Smarter than the entire field combined.
Weakness: Got lazy down the stretch (probably due to boredom and lack of challenging opposition) and didn’t execute to close out the game.
Strategy: Majority of portfolio is betting on blue chip Apple. Safe bet. The rest is betting on the most distressed companies in the most distressed sectors. Nice balance, wouldn’t you say?
2. Tinmaker
Initial Holdings: COKE, BBY, LIZ
Strengths: N/A
Weakness: Tends to rely on retail for some reason, which was the sole reason for an embarrassing performance in the last contest. Looks to be more of the same this time around.
Strategy: Buy names you see at the mall, regardless. RE. GARD. LESS.
3. Truckwithoutthekey
Initial Holdings: MO, ABT, BMY, TTES
Strengths: Knows how to Google “good stocks.”
Weakness: Still doesn’t know how to find “good stocks.”
Strategy: Huh?
4. The Hurt
Initial Holdings: YHOO
Strengths: Willing to lie and manipulate. No scruples, dignity, self-respect, integrity, etc. to hinder desire to win.
Weakness: Incapable of winning.
Strategy: Randomly pick ONE stock, and hope to get lucky.
So far, The Hurt is in the lead with about a 6% pop today because someone equally as dumb thinks it’s a good idea to try to raise money and buy Yahoo. Dollar to donuts Yahoo sinks within the end of the week. That’s all for now, ingrates.
More Scrooge after the jump! (more…)