At the beginning of this year I entered into battle with some other bloggers to pick the top 4 hot stocks of 2009. My picks basically reflected a gamble on oil prices going up since I picked a bunch of junior oil companies.
BCF.to – Bronco Energy. Purchase price $1.27.
HOC.to – Holly Corp Purchase price $3.65
TOG.to – TriStar Oil and Gas Purchase price $11.41
CLL.to – Connacher Oil Gas Purchase price $0.74
While the results for the contest aren’t really important since I didn’t win. Here are the results in order of best to worst finish. Congratulations to intelligentspeculator.net for being the big winner in 2009.
- IntelligentSpeculator, 81.56%
- WildInvestor, 68.57%
- Wheredoesallmymoneygo, 56.14%
- TheFinancialBlogger, 41.37%
- FourPillars, 35.16%
- DividendGrowthInvestor, 18.17%
- Million Dollar Journey, 16.05%
- MyTradersJournal, -0.24%
- ZachStocks, -9.36%
I would have thought a 35% return would result in a better spot than 5th place but that`s the way it goes. The TSX was up 31% this year so beating the index is nice but considering how risky the stocks I bought are – someone would be better off just buying the index.
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I completely agree on gold, it had a great run was becoming way over bought and then boom it went way out of control for about a week. Can we say capitulation, called that oil top last spring as well. Good Luck on winning this year!