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mackdunk-Getting back to the competition if you only take the resource side of it with the two companies now involved then if you stop and think about it i changed nothing. The monetry figures quoted were only a laymans way of coming up with a percentage. Add the percentage rise of AGM from the start to when it got delisted to the percentage rise of PRC from the day AGM was delisted up to now and you will come up with the same answer. The percentage rise on that half of the competition is exactly the same.
I think you are confused abit with how this works...
let me give you an example...
lets round it off and say that AGM rose 50%...
Lets assume PRC finishes the competition at $3.00... to make it easy lets say PRC was first picked at $2.00...
I am saying that AGMS rise is 50%/2.... the 2 stands for the portfolio weighting of half...PRC would also be 50%/2 as 2->3..... 50%/2 + 50%/2= 50% return for that side of the comp...
You are saying 50/2= .25 weighted return for AGM, (plus 1 to get finishing weighting of AGM) multiply by post PRC return ... equals 1.25*1.50= 1.875-1= 87.5%
you are squeezing 37.5% overall performance out of me because you are leveraging PRC off AGM, which is not what this competition is about...
its about a 50% resource 50% oil...
This will bumper up your resource weighting which is fake...
You are multiplying AGM performance against PRC.... AND NOT adding the two together like I am... ...
be honest with yourself mackdunk, confess...
its two stocks with 50% each as to the rules we agreed on...
Your now trying on some other sort of competition...
Using leverage, using greater weightings on the resource side of the comp....
Have a think about it... I am correct...
:cool:
.^sc