Beat the Street: Shorts Creep Up
TheStreet.com'sBeat the Street contest, saw the shorts take the lead on Monday.
Leader Bebeto boosted her portfolio to $270,933 on five shorts, including
Dryships
(DRYS) - Get Report
and
Excel Maritime
(EXM)
.
Right behind Bebeto is 1Ivanhoe, who also went all short, boosting the $250,000 seed money into $269,172 on shorts of
Cleveland Cliffs
(CLF) - Get Report
and
China Sunergy
(CSUN)
. Momotrader stands in third place with one long,
Agfeed
( FEED). And the top five is rounded out by VW72Chevy, who also had just one long,
VeraSun
( VSE), and FastisSlow, who is all short.
Under the rules of the weekly contest, players will be able to switch one of their five stocks between Tuesday's market close and Wednesday's market open.
Contestants looking to research their changes should take a look at Patrick Schultz's weekly
, which features a rare all-buy list.
Players should also consult Stockpickr's
,
, and
.
Readers should also consult
on what investors can learn from the game.
This article was written by a staff member of TheStreet.com.