Revised Rule # 12, to avoid any potential ranking issues in the...

Revised Rule # 12, to avoid any potential ranking issues in the near term. Hope everyone would agree with that.

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 besubmitted only for the Head stock (i.e. no Options or Warrants are allowed).
3. A tip is notconsidered a valid entry if it is not submitted in (or in an acceptablevariation of) the correct format as specified in the “Tip SubmissionGuidelines” section below.
4. A tip is also notconsidered a valid entry if the same tipster submits another entry for the samestock on the basis of the same Fundamental Analysis (FA) or Technical Analysis(TA), whilst the corresponding previous tip is active.
5. Same stock could betipped twice, each on the basis of TA and FA.
6. The officialsubmission date and time for a tip will be the recorded date and time of theHotCopper post containing the valid tip entry.
7. A tip will be livefrom the OPEN on the next market day after the tip was submitted and willexpire following 4 weeks’ of life. 
8. A tip is considereda Win if the stock records a 25% gain or a 25% fall, respectively, for Long orShort positions, from the entry price during the life of the tip.  
9. Twelve (12) month Accuracyof a tipster is calculated as the percentage of Wins over Total Picks for thecurrent 1 year period, to two decimal points (eg. for 8 wins from 17 picks,Accuracy is 47.06%). A tipster with less than 5 tips during the current 1 yearperiod will not be qualified for Accuracy assignment. (Note: the limit of tipsto qualify for Accuracy will be kept at 5 for the first three months of thecompetition, and will be increased to 10 on the 1^st of April2019.)
10. Eight (8) weeksAccuracy of a tipster is calculated similar to the Rule 9 above, with the cut-offset at 3 minimum tips for a period of 8 weeks.
11. Tipsters are rankedbased on the Accuracy. When two tipsters achieve the same accuracy, higher rankwill be assigned to the tipster with higher number of wins during the current 1year period.
12. A tipster must beattwo other qualified players AND record Accuracy above 0% to achieve any of the Accuracy awards (and the jerseys) in the respective categories. For example, to win the Second Highest Accuracy in the Last 12 Months and the Red jersey, there must be two other qualified tipsters ranked lower down the list.
13. Results of theTipping Competition will be published on the current STT thread on a weeklybasis, on the first trading day of the week.

 

Tip Submission Guidelines

1. To enter a tip intothe STT Tipping Competition, a tipster must create a new post (the Post) in thecurrent Short Term Trading Weekly or Weekend threads.
2. The Post mustcontain a first line in the following syntax: STTCOMP [Ticker][Type][Direction]. Example: STTCOMPABC FA LONG, where ABC denotes the stock code (ticker). Note: Tips areextracted by an automated search, therefore, any deviation from the abovestandard syntax might exclude a tip from the search, hence may not beconsidered a valid entry.
3. Following the firstline of the Post explained above, it must contain a brief overview of thestock, including information such as Shares on Issue (SOI), Market Cap (MC),Cash in Hand (CiH) and its main business / operations.
4. Then the Post mustcontain a detailed description of the Catalyst or Reason the tipster expects tomove the stock price. For example, a FA upcoming event/reason or a TA setupwhich would be the catalyst to move the price of the stock. Tips with poordescriptions or containing only graphics (even though the graphics. i.e. chartswith texts, may present substantial backing) might void the entry.
5. If a tipsterintends to enter tips for both TA and FA tips for the same stock, two separateposts must be created.

See a sample entry below:

 

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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 off-take 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 re-rating of QBL over the past few weeks and the manysimilarities the 2 companies seem to share, similar tight share structures,favourable locations to port and infrastructure, shallow near surface depositsamenable to free digging and so low-cost mining and extraction. CBX might bewell positioned for a large re-rating too.
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