Post by dg on Nov 5, 2008 13:40:07 GMT -5
HORSE RACE RULES:
1. Entries must be from the NYSE, NASDAQ or the AMEX - no OTC (Over the counter) stocks are allowed.
2. No leveraged stocks/leveraged ETFs, options
3. Entries entered before the Friday close (@fc) are priced at the Friday close unless the rider specifies the Monday open. An @fc close entry is not changeable.
4. Entries after the Friday close can be changed until 21:00 Sunday night or if Monday is a closed market, 21:00 Monday night
5. Minimum opening price for picks is $8. You may choose a stock below it but the opening price will be adjusted up to $8. Stocks with a price below $8 at the time of posting may not be shorted.
6. Stops, limits and buy stops are allowed. A buy stop will stay open for the week or until it is met. If a stock hits a stop loss the rider gets the price at the first trade at or below the stop loss. If a stock hits it limit the rider gets the price of the first trade at or above the limit.
7. The winner is the rider with the greatest percentage gain for the week.
