Monday, April 23, 2007

Naija Elections and CNBC Contest

Currently in the top 15% (with 9.12% return) of the competition not bad for being 100% in cash! The market hit new highs on Friday and I bailed. So I am now waiting for an opportunity to get back in, and the 42 points decline so far today is not it.
I do have a lot of ideas to research though, which should enable me to get back into the market soon, here are some of them:

Top 20 most volatile stocks:
WFMI,SNDK,NVDA,SANM, AV, DYN,AMZN, GTW, HAR,NOVL, HSP, ADCT,WMB,YHOO, ANDW, BRCM, CTXS, CTSH, TLAB and SHLD

Short Squeeze or Insider buying:
TWX,JAS,AVID,UTEK,PRST,ESIO,USMO,CVO, CACC,BHS

Other ideas and other people's portfolios:
MOT, TM,SLG,FD,CYBX,SYMC,REGN,IMCL,GS,COF,FWLT,SGR,C

Naija Elections:
Feel, like I should comment on the Nigerian elections, although my interest is strictly economic as opposed to being political. Y'ardua has been declared the winner of Naija's election. However, I would like to call on the loosers ( I meant guys lucky enough not to win) e.g. Pat Utomi, to expend their passion for Nigeria in other ways. Ways that can go a long way in actualizing their vision for the country outside the purview of the government. Our people needs to learn that our "saviour" is most likely not going to come from the realm of politics. Politics as we know it is simply too dirty as played our society.

Therefore instead of becoming jaded, let us see business the path to Nigeria's freedom and the creation of economic value as the path to Nigeria's greatness.

2 comments:

t said...

I'll check on the links to the Awolowo "Path To..." books in a bit. I read one of his tomes years ago. Thank you.

I think you may be really really good at this equity investing/trading thing. Sure you haven't done this before?

It should be fun to see what the follow-up to the campaign is for some of the candidates e.g. Prof. Utomi. Would he do more academic business/finance, or more electoral politics, or something different?

umc said...

Shola thank you, you've got my interest high on the CNBC contest. Fortunately the last statement of their website on FAQ.
I know there's CNBC Europe but no contest.
Nevertheless, I'm following your posts on this Blog, as well as the CNBC site.

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