NASDAQ Contest Final Results, $150 Cash Prize?!

38 contestants came together last week across multiple finance blogs for a stock contest with a $100 cash prize at stake. To claim the prize contestants had to simply guess one week in advance what the NASDAQ composite index would close at, to the penny! And, with last Friday the 23rd of April being the last day of this 4th bi-weekly contest, a winner has been found. But was the $100 cash prize claimed? Read on to find out…

Participating Communities

The community here of Stock Trading 101 (ST101), the community of MillionDollarJourney (MDJ), and the community of CleverDude (CD).

FINAL Leader Board (As of market close April 27th, 2557.21)

(Format = Contestant, Community, Original Guess, Difference)

  1. Bull Trader - ST101 - 2556.91 - off by only .30 (NEW RECORD)!!
  2. Mike - MDJ - 2554.46 - off by only 5.32!
  3. Carl - ST101 - 2551 - off by only 6.21!
  4. Patrick Szalapski - CD - 2550.87 - off by only 6.34!
  5. Yeason Fang - ST101 - 2550 - off by only 7.21!

The best overall community average was Cleverdude.com (CD) with an average difference of only 24.56 off the close!

Bull Trader Takes 1st

congrats.gifCongratulations to The Bull Trader who has set a new record for our bi-weekly contests here at ST101!! His guess of 2556.91 a full week in advance was off the close by only .30 cents! This beats out our last record by Brandon of being off by only .94. Bull Trader will go down in the hall of fame and be forever featured on the sidebar here on the blog.

Also congratulations to the community of Clever Dude who amongst all guesses had a mean difference of only 24.56 off Friday’s close. This beats MDJ’s mean of 41.18 and our community mean here on ST101 of 45.92.

$150 Cash Prize?

So what about the $100 cash prize? Well, since Bull Trader was not exact to the penny, this cash goes unclaimed. BUT, what fun would it be to not include it in the next contest? To turn things up a notch, I will be carrying 50% of the $100 over to next round which will launch at the end of this upcoming week. This means that there will be $150 CASH ($100 + $50) to anyone who can guess the NASDAQ close to the penny next time around!

The longer this cash prize goes unclaimed, the bigger the pot will continue to grow! The next contest will open to you this upcoming Friday, May the 2nd! So, subscribe to the feed to keep up to date for your chance to win $150 cash!

(You can view other contests and giveaways in the archives of this blog. Participation is completely free and open to everyone. Subscribe to the feed for your chance to win)

More on this topic (What's this?)
Best 1-Year CD Rates with FDIC
Pretty Good CD Offer from Citibank
3 Advantages of Foreign Currency CDs
Read more on Certificate of Deposit (CD), Nasdaq Composite Index at Wikinvest

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-- Posted by Blain Reinkensmeyer on April 30, 2007 at 12:50 am --

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Comments on "NASDAQ Contest Final Results, $150 Cash Prize?!" are closed.
Comment by Bull Trader
2007-04-30 05:43:18

woohoo!! #1!! nice competition blain!

Comment by Blain
2007-04-30 09:48:57

Thanks man! Congrats! mrgreen

The next one which kicks off this Friday is going to have a goal of 50 contestants, and some more prizes )

GET READY TO GET CRAZY twisted

 
 
2007-04-30 08:37:46

2nd place isn’t too bad I guess. )

FT

Comment by Blain
2007-04-30 09:49:17

Not 2 bad MDJ, not 2 bad at all cool

 
 
Comment by Matt
2007-04-30 09:52:43

Blain, great contest man! Next one I am going to win that $150 cash! So what happens if no one gets the prize next time?

Comment by Blain
2007-04-30 10:59:58

no one really knows Matt, it’s as if the prize is only an illusion that reveals itself at the moment of victory or defeat. mrgreen

 
Comment by Clever Dude
2007-04-30 22:16:50

Matt, I’ll let you know how much I won when the next contest ends twisted

 
 
2007-05-28 00:55:17

[...] No one claimed the $200 cash prize for guessing the NASDAQ close, and the record still stays in The Bull Trader’s hands for his guess of being off by only [...]

 
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