tag:blogger.com,1999:blog-23022583.post115093486497924987..comments2008-08-18T00:49:35.227-04:00Finance Junkiehttp://www.blogger.com/profile/15006124275899289564noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-23022583.post-1153853601739231122006-07-25T14:53:00.000-04:002006-07-25T14:53:00.000-04:00Hi,<BR/><BR/>Does anyone know Thomas Ko's email? <BR/><BR/>I like him to join my firm's July meeting<BR/>www.investinmarket.com<BR/><BR/>I can be reached at jma@investinmarket.com<BR/><BR/><BR/>JessicaJessica Mahttp://www.blogger.com/profile/03350803488141962601noreply@blogger.comtag:blogger.com,1999:blog-23022583.post-1150940634810804202006-06-21T21:43:00.000-04:002006-06-21T21:43:00.000-04:00Nonetheless, his last stock pick is up 30%+ in less than a week. <BR/><BR/>I meant that people are piling in on his last pick. While, his last hypothetical transaction does not directly impact market prices for the stock, people that followed his trade did trade real money on his pick.Finance Junkiehttp://www.blogger.com/profile/15006124275899289564noreply@blogger.comtag:blogger.com,1999:blog-23022583.post-1150940469119521112006-06-21T21:41:00.000-04:002006-06-21T21:41:00.000-04:00Yeah, I meant to say: "One of the Hottest Stock Pickers."<BR/><BR/>It's a bit of a misnomer to say "sharpest" because luck was a factor.Finance Junkiehttp://www.blogger.com/profile/15006124275899289564noreply@blogger.comtag:blogger.com,1999:blog-23022583.post-1150939630212337052006-06-21T21:27:00.000-04:002006-06-21T21:27:00.000-04:00Looks like the pros don't actually invest the money, but rather "hypothetically" invest it. I don't see them taking into account the transaction costs one would incur as well as the volatility from one the investor investing actual money into the stock/position. You can't just dump millions of dollars into a stock all at one point as your own purchase of the stock would affect the price of the stock.<BR/><BR/>From CNBC site:<BR/><BR/>"Editor’s note: Ko won CNBC’s six-week Squawk Box challenge largely thanks to a single dramatic trade.<BR/><BR/>Ko and the other contestants started in early April with a virtual $1 million portfolio. Ko’s portfolio was worth about $2 million when he put the entire amount on Escala Group (ESCL, news, msgs). The stock had had hit a 12-month high of $35 in February, but fell precipitously after Spanish prosecutors declared its majority shareholder and only major customer -- Afinsa Bienes Tangibles -- insolvent after raiding the company’s offices in an investigation into a stamp-investment program. He bought near the bottom, at around $4, and his portfolio surged as Escala rapidly recovered.<BR/>He ended the contest with $5 million -- a 400% gain."<BR/><BR/>Sounds to me like he gambled big and won. I do that time to time with my billions of "fake" money :PAnonymousnoreply@blogger.com