Beat the Street: Airline Shorts Lead Again
TheStreet.com'sBeat the Street contest tightened right back up on Wednesday, and we have a new leader, albeit by less than $2000.
The leading portfolio now belongs to Lateral at $317,922. Tuesday's leader, JohnnyC, stands in second place at $316,097, followed by Hantongjin, $313,446, Chicago123, $305,830, and Soreti, $303,849.
Registered players can go to the Beat the Street
and see what stocks the other players have chosen, and all players should keep abreast of the game in the
.
Shorts continue to carry this week's leaders, as the top 12 portfolios are all short, and airlines remain dominant. The leader's portfolio is short five airlines, and used Tuesday night's swap to trade out of
United
(UAUA)
into
US Airways
(LCC)
. The rest of the portfolio includes
JetBlue
(JBLU) - Get Report
,
Continental
(CAL) - Get Report
,
Delta
(DAL) - Get Report
and
Northwest
(NWA)
.
Some non-airline picks in the top five portfolios include
Netflix
(NFLX) - Get Report
and
Ambac
(ABK)
.
The next Beat the Street game will be held next week, so if you missed this week, you're only a few days away from your next chance to play.
This article was written by a staff member of TheStreet.com.