Simulcast from something I wrote on Campus Stocks - take a look at PGN if you are looking for an inexpensive pure play in the regulated utilities field. I would wait for some technical strength before getting in, as they got beat up a bit this quarter. Take a look…
Progress Energy Inc (NYSE: PGN) In Regulated Power Space
Blog readers, I wanted to share our press release from today here. As an aside, I am liking XOP for a nice short term trading play.
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WASHINGTON, DC — College rivalries are often played out on the hardwood or gridiron. Michigan-Ohio State, Georgetown-Syracuse, Harvard-Yale all have legendary athletes who battled for school bragging rights. Now has come the time for these universities to battle it out on the stock ticker.
Campus Stocks (http://www.campusstocks.com), a new social networking website for student investors, has launched a new platform to give MBAs, B-Schoolers, and stock junkies alike a place to battle for their own reputation and that of their school. The main feature of the site is fantasy stock market game that will pit student investors against each other individually or school versus school. In the testing phase of the site the Little Three Colleges (Amherst, Williams, and Wesleyan) competed in a contest which saw Williams dominate its rivals with an impressive 13 percent collective return during the two month contest.
The competitions go beyond college versus college. For example, currently running is an ETF only competition where all users can compete only choosing different ETFs that are publicly traded. In December, the site ran a test contest entitled the December Rally contest in which "eagleeye" a user from
The site goes beyond the stock picking contests, however, and gives each individual an opportunity to engage in the financial markets on a deeper level. Each user can submit stock forecasts, investment ideas, create portfolios, and comment on others ideas. This type of shared collaboration will help foster student interest in the stock market and hone their market expertise. Campus Stocks has also partnered with John Forman, author of The Essentials of Trading to offer trading advice to the student community.
Students will be able to weigh themselves against others through the site’s "Authority" ranking which evaluates students based on their activity on the site. Each investor’s success in the various activities on the site, like the contests or stock forecasting module, will give them an opportunity to improve their Authority ranking and gain exposure on the site.