TheStreet.com's Beat the Street contest started Tuesday morning and players that went long stocks, particularly China Finance(JRJC Quote) took the lead out of the gate.
The leader, SuneetBhut, increased the $250,000 seed capital to $264,491 by going long China Finance, which rose 14% on Tuesday, as well as Shanda Interactive(SNDA Quote), Wuxi Pharmatech(WX Quote), Coldwater Creek(CWTR Quote) and Chico's FAS(CHS Quote).
Under the rules of the weekly contest, players can swap out one stock before Wednesday's market open.
Players looking to find the one stock that can catch them up to the leaders should consider the following articles for new ideas: ...
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