Thursday, May 15, 2008

Bears Bellowing In Forbes Stock Contest

If your stock portfolio looks dinged up these days, take heart. The last few months have also been hard on the bulls participating in our annual stock-picking contest. From the end of October 2007 through Wednesday's market close, their 12 long calls are down an average 15%, compared with a 9% drop for the S&P 500.

The bears have done better. So far in the contest, four of their five short-sale ideas are in the red, showing an average price decline of 17%.

Full story at Forbes.com