iPredict Picks

iPredict Picks is Hibernating

ipredictpicks — Wed, 07 Oct 2009 03:40:22 +0000

It’s time to announce that this blog is now dormant, ie. I won’t be adding more posts in the foreseeable future. I started the blog on the spur of the moment, and now find that I have too little time to devote to posting iPredict stock picks.

The good news is, it’s easy enough to find your own stock picks – just look on iPredict and find stocks which are closing soon and trading over $0.80 or $0.95 cents (depending on your comfort with risk). That’s pretty much what I did!

Also one last tip: spread your investments – remember, going all in on a single stock is sometimes a bad idea …

Good luck, and happy trading!

Stock Pick: Business Confidence Stocks

ipredictpicks — Thu, 03 Sep 2009 04:17:02 +0000

Here’s a totally risk-free stock tip: the entire September Business Confidence bundle is underpriced. The current price is $0.9686, and it’s gone as low as $0.96 today.

To help you keep track of the current aggregate price, I’ve made a small webpage which adds up the total price of all the stocks in the bundle. It’s similar to the one I made for the Mayor bundle.

If you buy equal numbers of each stock in the bundle at these prices, you’ve got a guaranteed return (because one of the stocks will close at $1 on September 30).

Stocks:

Current Price: $0.9686

Return: 3.2%

Term: 4 weeks (closes September 30)

Alternatively, you could buy the two most popular stocks in this bundle – CONFSEP09.VHIGH and CONFSEP09.HIGH2. It’s not a risk-free investment though.

Current buy price: 0.9444

Return: 5.8%

Term: 4 weeks (closes September 30)

Disclosure: I am long 2035 of each of the stocks in this bundle.

Farrar’s Stock Picks

ipredictpicks — Wed, 02 Sep 2009 03:01:50 +0000

David Farrar is going to post a regular series of iPredict stock picks, which is good because I’ve been slack. Check out the first one.

iPredict Facelift

ipredictpicks — Wed, 26 Aug 2009 01:34:57 +0000

The iPredict site has finshed undergoing a beautiful makeover and is now easier on the eye, sporting a very modern look. Hopefully this will be the start of a relaunch, attracting more traders to jump in and experience the excitement of prediction markets.

Stock of the Day: August petrol stocks

ipredictpicks — Tue, 25 Aug 2009 03:05:17 +0000

With the close of the August petrol stocks coming up, here’s an obvious pick for you.

Stock: 91.AUG09.MID

Current Price: 0.945

Return: 5.8%

Term: 4 days

Stock Pick: Unemployment to decline in June 09

ipredictpicks — Wed, 05 Aug 2009 04:30:41 +0000

With the unemployment statistics for June due to be released tomorrow, and predictions by commenters pointing to a 0.5% rise in unemployment, there is some short-term money to be made in shorting the unemployment-decline stock for June 2009.

Stock: UNEM.DECL.JUN09

Type: Short

Return: 1%

Term: 1 day

Hat tip: BKD. You’re a gentleman and a scholar.

Last-Minute Stock Pick: Australian OCR

ipredictpicks — Tue, 04 Aug 2009 03:59:54 +0000

The Australian OCR change (if any) will be announced shortly, and the massive favourite according to iPredict traders is No Change. Hence a last-minute pick:

Stock: RBA.NC.4AUG

Type: Buy

Return: 2%

Term: 1-2 hours

Update: … and there it goes. A 2% profit opportunity over 1 hour.

Stock of the Day: 91 LOW

ipredictpicks — Wed, 29 Jul 2009 21:51:03 +0000

The petrol stock period is almost over and it is essentially certain that the LOW stock will be the winner within a few weeks (when the MED releases petrol data). This is a good opportunity to make a small but (virtually) zero-risk return over those weeks.

I suggest putting in a series of Buy orders around 0.96 / 0.97 / 0.98, to gather stocks at a good price from traders selling their positions to exit the stock and reinvest their cash elsewhere.

Stock: 91.JUL09.LOW

Type: Buy Orders

Return: 3%-ish

Term: 2-3 weeks

Stock of the Day: OCR No Change

ipredictpicks — Wed, 29 Jul 2009 03:51:35 +0000

Closing tomorrow, OCR No Change is still a great buy.

Stock: OCR.NC.30JUL

Type: Buybuybuy!

Return: 7.5%

Term: 1 day.

Update:

This stock pick was proven correct just before 9 am this morning – that’s a 7.5% return in 17 hours.

Stock of the Day: July Petrol Price LOW

ipredictpicks — Mon, 20 Jul 2009 21:49:39 +0000

The petrol price stock this month went through a dramatic drop from MID to LOW – which at least one trader picked in advance – but as the stock close approaches, things have stabilised. I’m picking LOW as today’s stock of the day.

Stock: 91.JUL09.LOW

Type: Buy

Return: 11%

Term: 2-3 weeks

Note: To be really safe, you could buy VLOW as well.