Beat the Street: $6,500 Separates Top Five
The first week of TheStreet.com's Beat the Street stock contest is turning into a nail biter, with just $6500 separating our leader, RedSox2008, from 5th place contestant Leon111.
RedSox2008 has $284,768 after three days, and made those gains shorting housing, financial, and solar stocks. Currently, that player's portfolio is short
Beazer Homes
(BZH) - Get Report
,
CIT
(CIT) - Get Report
,
LDK Solar
(LDK)
,
Yingli Green Energy
(YGE)
and
Layne Christensen
(LAYN)
.
RedSox2008 is trailed in the top five by Sparky1 at $282,050, Georg12ana at 280,019, Rudegal at $278471 and Leon111 at $278,268. Sparky1's returns have come from an all-short portfolio that includes positions in
Lennar
(LEN) - Get Report
,
Fannie Mae
( FNM) and
Hovnanian
(HOV) - Get Report
.
MrKrabbs, who had been the leader after two days, fell to 7th place, just over $9000 out of the lead.
Contestants can follow the game through the rest of this week at
, as well as in the
.
This weekly game will continue for 13 weeks, and players can register for the next game Friday evening.
This article was written by a staff member of TheStreet.com.