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Stock Game Merges Fun of Fantasy Sports Pools With Stock Market
NEWS – ProspectingJournal.com – There are many correlations between Fantasy Sports...
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[{"type":"text","content":"\nStock Game Merges Fun of Fantasy Sports Pools With Stock Market\n\nNEWS – ProspectingJournal.com – There are many correlations between Fantasy Sports Managers and Stock Portfolio Managers. Both do extensive research with regards to how they fill their rosters and each group seems to be on the cutting edge of reacting to breaking news. But over the last few weeks a divergence in attitude has separated these two groups into the optimists and the pessimists. To Poolies, this September/October has represented the return of NFL and NHL fantasy drafts. For the investment community, managers have had to endure bleaker storylines that include Greece, Wall Street Protests and QE3. Yet for some stock enthusiasts a crossover stock game has emerged that combines the relative risk-free excitement of a sports pool with picking stocks. It’s called StockPools.com and it’s bringing some fun back to the market, while providing stress-free research and education on stocks, not athletes. \nLaunched late this summer, StockPools.com has already gained attention and sign-ups from experts to amateurs with its ease of entry, exposure to multiple sectors and above all the lure of the prize. Each week $1000 is up for grabs to the winner whose picks performed the best, while a grand prize of $25,000 in physical gold is dangled to the player crafty enough to pick the top performer in each category. In the first official tally upon the launch, Vancouver resident Eric Kaczmarowski surged in the dying minutes of the market day to clinch the inaugural $1000 prize. A boost from an unlikely candidate in Athabasca Uranium [UAX – TSX.V], which gained 2.5% in the closing minutes of the market, pushed his “team” of stocks (under the username squeak) over the edge to make him $1000 richer. “It was kind of cool to see because I wasn’t doing very well through the week until the very last day,” says Kaczmarowski. “That’s when I saw myself earlier in the day moving up from about 50th place at the start to the top at the very last moments of the trading day. I didn’t pass into first place until the last two minutes of the market. They contacted me by email about 30 minutes after it closed and I received my prize within a week. I was really impressed by their turnaround.” Unl...