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Short Term Trading Week Starting: 29 Jan, page-5

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    Rules of the Short Term Trading Competition

    1. Start date of the new Short Term Trading Competition is 01 Jan 2019.
    2. A tip can be submitted only for the Head stock (i.e. no Options orWarrants are allowed).
    3. A tip is not considered a valid entry if it is not submitted in (or inan acceptable variation of) the correct format as specified in the “TipSubmission Guidelines” section below.
    4. A tip is also not considered a valid entry if the same tipster submitsanother entry for the same stock on the basis of the same Fundamental Analysis(FA) or Technical Analysis (TA), whilst the corresponding previous tip isactive.
    5. Same stock can be tipped twice, each on the basis of TA and FA.
    6. The official submission date and time for a tip will be the recordeddate and time of the HotCopper post containing the tip entry.
    7. A tip will be live from the OPEN on the next market day after the tipwas submitted and will expire following 4 weeks’ of life. 
    8. A tip is considered a Win if the stock records a 25% gain or a 25% fall,respectively, for Long or Short positions, from the entry price during the lifeof the tip.  
    9. Accuracy of a tipster is determined as the percentage of Wins over TotalPicks for the current 1 year period, to two decimal points (eg. 8 wins from 17picks, Accuracy 47.06%). A tipster with less than 5 tips during the current 1year period will not be qualified for Accuracy assignment. (Note: the limit oftips to qualify for Accuracy will be kept at 5 for the first three months ofthe competition, and will be increased to 10 on the 1st ofApril 2019.)
    10. Tipsters are ranked based on the Accuracy. When two tipsters achieve thesame accuracy, higher rank will be assigned to the tipster with higher numberof wins during the current 1 year period.
    11. Ranking will be assigned only if there are minimum three qualifiedplayers in each category (i.e. 12 months and 8 weeks).
    12. Results of the Tipping Competition will be published on the current STTthread on a weekly basis, on the first trading day of the week.

     

    Tip Submission Guidelines

    1. To enter a tip into the STT Tipping Competition, a tipster must create anew post (the Post) in the current Short Term Trading Weekly or Weekendthreads.
    2. The Post must contain a first line in the following syntax: STTCOMP [Ticker][Type] [Direction].
    3. Example: STTCOMP ABC FA LONG, where ABC denotes the stock code (ticker).
    4. Note: Tips are extracted by an automated search, therefore, anydeviation from the above standard syntax might exclude a tip from the search,hence may not be considered a valid entry.
    5. Following the first line of the Post explained above, it must contain a briefoverview of the stock, including information such as Shares on Issue (SOI),Market Cap (MC), Cash in Hand (CiH) and its main business / operations.
    6. Then the Post must contain a detailed description of the Catalyst orReason the tipster expects to move the stock price. For example, a FA upcomingevent/reason or a TA setup which would be the catalyst to move the price of thestock. Tips with poor descriptions or containing only graphics (even though thegraphics. i.e. charts with texts, may present substantial backing) might voidthe entry.
    7. If a tipster intends to enter tips for both TA and FA tips for the samestock, two separate posts must be created.


    See a sample entry below:

     

    =========================================== 
    STTCOMP CBX FA LONG

    Bauxite Explorer in Queensland and WA
    Market Cap (MC) $5m

    Cash in Hand (CiH) $1.5m.


    Top 5 shareholders hold 80% so very tightly held Fallen from grace last yearafter its lead Bauxite project Pisolite Hills which was moving towardsproduction and had offtake agreements in place was placed in a mining ban area.Company is pushing ahead with its secondary project Bauxite Hills which isfairly advanced and has a PFS already. Company has the support and backing ofmajor shareholder MTE who has pledged to use its cash reserves to assist inproject development.

    Given the huge rerating of QBL over the past fewweeks and the many similarities the 2 companies seem to share, similar tightshare structures, favourable locations to port and infrastructure, shallow nearsurface deposits amenable to free digging and so low-cost mining andextraction. CBX might be well positioned for a large rerating too.
    =========================================== 

 
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