This one is from Jimmy Crack Corn Pone's rag - thestreet.com. Beat the Street: Quick Double
Apparently a couple of genius traders already doubled up in 3 days - they took 100K of simulated money and invested it in such a way as to turn it into 200K since Monday. That's simply amazing. That means that they put it all in to a stock that doubled in price since Monday. How hard is that?
I wrote a filter looking for stocks that went up at least 100% since Monday and found five. IEVM, IDMI, STSM, WGMGY, ADLHLF - the last one went up 900% in the last day alone.
It opened for trading on the 27th of March - on Monday it sold for .003 cents and on Thursday it sold for .05 cents. IEVM opened at a dime on Monday and closed at 27 cents Thursday.
I don't know about you - but if I had time to enter a contest such as this I'd be too rich to bother with trading at all. Also - you show me the fool who is willing to put 100K real in a penny stock and I'll show you my new best friend forever or at least until the money runs out.