35th place sample port --- beat.thestreet.com contest #1 (35 out of 28592 players)
Using no "cheat codes" or exploits. All positions were traded in large enough volume, with the exception of VOXW short. (Of course not all of the shares that were shorted could be allocated or borrowed, since Regulation SHO, but synthetic positions could be formed with the use of options.) Again, these were all on large volume, scalable trades. The contest starting equity started at 100k, and grew to approximately 900k with these trades. Ending account value is also listed in the comment below. The intention of this posting is for learning purposes, and to demonstrate a LEGITIMATE example of how the contest was SUPPOSED to have been played with an optimal strategy.
Link - businessweek article
link to business week article link to businessweek article.
discussions -- the cheating in the beat the street contest
by cueball (05 hours ago) ENN was up 17% $3.32 and THN was up9.2% $10.45
Rankings - June 22, 2007
| Name | Rank | Value |
| Diexia Wang | 1 | $ 1,036,964.77 |
| justin smith | 2 | $ 395,218.92 |
| john marschner | 3 | $ 296,876.40 |
| Satyen Suresh | 4 | $ 255,635.19 |
| David Cannata | 5 | $ 244,986.29 |
| Robert Stephens | 6 | $ 216,089.16 |
| Patrick A | 7 | $ 198,805.64 |
| Greg Katsel | 8 | $ 192,750.91 |
| Shamcy Alghazzy | 9 | $ 189,463.16 |
| alan cheng | 10 | $ 187,915.94 |
| Marshall Kennison | 11 | $ 186,922.52 |
| melissa stavish | 12 | $ 180,856.31 |
| Rebecca Smith | 13 | $ 180,211.07 |
| Ravi Jain | 14 | $ 178,184.15 |
| Charles Achibiri | 15 | $ 176,379.33 |
| Patrice Read | 16 | $ 176,207.27 |
| Evelyn Chiu | 17 | $ 174,822.00 |
| john kennedy | 18 | $ 174,734.85 |
| ryan walfall | 19 | $ 174,646.93 |
| scott kenmore | 20 | $ 174,411.88 |
Let the Game Begin! June 13,2007
well, its June 11th ... and still nothing
I suspect that thestreet.com had this 3rd party promo company run the contest. they really f-ed it up and did not alter it to reflect stock splits during the game. im sure right now they are trying to figure this whole thing out. I am sad that the game #2 is not starting yet, as it is JUNE 11th!
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Coming Soon…Beat the Street 2.0! Think you can win some of the $100,000 in prize money? Simply register or log in on June 11, 2007 and you can have the opportunity to be a $100 Daily Winner, a $2,500 Weekly Winner, and/or a $50,000 Grand Prize Winner.
