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Biotech / Medical
2023 Biotech Charity Contest
An SI Board Since December 2022
Posts SubjectMarks Bans
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Emcee:  technetium Type:  Moderated
Contest Portfolio Submission Deadline: MONDAY, 1/2/2023, MIDNIGHT, PST!

(Initial portfolio stock prices will be set at the Friday, 12/30/2022 closing prices)

Welcome to the 2023 Biotech Stock Picking for Charity Contest!

Bulbaman started this contest years ago. His efforts benefited many charities, and gave people insights into what biotech they might consider evaluating. I carry it on to honor his original intent.

The rules are the same. Please post your picks publicly for 2023, or send them to me via a private message before the deadline and then post them publicly after the deadline.
Here are the 2023 Contest Guidelines:

1) Each contestant starts with a virtual $100,000 cash to be allocated to a portfolio of biotech stocks. Initial portfolio stock prices for the 2023 Contest will be set at Friday, December 30, 2022 closing prices. The Contest submission deadline is Monday, January 2, 2023, Midnight, PST. The Contest’s end date is Friday, December 29, 2023, 4PM EST.

2) Contestants are pledged to donate to the charity selected by the contestant with the year’s best-performing portfolio.

3) Only biotech stocks are eligible to be included in Contest portfolios.

Traditionally, we've defined "biotech" very broadly. However, if one or more contestants strongly object to a particular stock being categorized as a biotech, I’ll use my judgment to determine whether that stock is eligible for the Contest.

4) Foreign and low-priced biotech stocks are considered eligible. For foreign stocks, I will generally use prices from the exchange where that stock is most actively traded, with prices converted to dollars based on the appropriate prevailing exchange rate.

Contest portfolios overloaded with penny or illiquid stocks are frowned upon. In such cases, I may ask the contestant to change her/his portfolio composition. In addition, if one or more contestants strongly object to a penny or foreign stock pick due to it being illiquid, I’ll use my judgment to determine whether that stock is eligible for the Contest.

5) Each portfolio should include a minimum of 8 stocks and a maximum of 12 stocks. And each portfolio stock’s allocation is limited to a maximum of 20% and a minimum of 5%.

6) I use the Yahoo Finance symbols to download quotes. So if Yahoo uses a suffix in a stock symbol, please include it when posting your picks. To make it easier for me to set up my spreadsheet, here are two examples of the best way to post your picks:

BLU.TO 5%

FGEN 10%

As indicated above, all I need is the symbol (in UPPERCASE) and %age of $100,000 you wish to invest. Please leave a few spaces between the symbol and %age. It also helps if you alphabetize your stock picks.

7) Contest portfolios may be posted on this thread or in a Silicon Investor PM (Private Message) to me.

Portfolios posted to me by PM will not be made public until the Contest submission deadline has passed.

8) Stock picks may be rejected if it appears a contestant violated the Biotechie Code of Honor by taking unfair advantage of market-moving news (e.g., news following the 12/30/22 market close but prior to the 1/2/23 submission deadline). Contestants may appeal any such rejection.

9) No trading is allowed during the Contest year, with the initial portfolio being held until the Contest end date: Friday, December 29, 2023, 4PM EST.

10) In the case of buyouts for cash the proceeds will be reallocated to the remaining portfolio stocks. The initial portfolio percentage allocations to those stocks will be used to determine the reallocation percentages.

11) A contestant's pledge amount and designated charity may be posted along with the initial portfolio, or at a later date. Pledge amounts should be donated to the charity selected by the Contest winner.

In prior Contests, some contestants have also donated to a charity of my choice. But such donation is entirely optional.

12) Contestants objecting to decisions I make (e.g., rejection of a stock pick) may appeal my decision to the other contestants. I will change my decision if the majority of contestants who indicate their opinion on the appeal support it.

I plan to post weekly Contest updates. For prospective new contestants who’d like to check out the 2022 Contest board, here’s the link:

Subject 60290

The Biotech Charity Contest boards prior to 2022 are also available at Silicon Investor by searching for:

[year] Biotech Charity
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ReplyMessage PreviewFromRecsPosted
109We’re back! Tanned, rested, and ready. Thank you for your patience with the abtechnetium3last Saturday
108Another report while on the road. Great week for NASDAQ. Kind of a wash for botechnetium4May 21
107Brief report: NASDAQ not bad, Biotech not so good. The single owner of CRVS (Atechnetium1May 16
106I’m on vacation and my internet access varies, so I’m unable to look up the reastechnetium2May 9
105DNTH's share price on its first day of trading under the new symbol will be DewDiligence_on_SI-May 5
104Wow, thank you for the great info. The only thing we seemed to not communicate oAloner-May 5
103…why do you feel an RS is in order by MGTA?To get the post-merger share price weDewDiligence_on_SI-May 5
102Hey Dew, forgive my ignorance, but why do you feel an RS is in order by MGTA? WhAloner-May 5
101I sold all my holdings in the real world, and I don't have any information, Aloner-May 4
100It's likely that MGTA will implement a reverse split concurrently with the cDewDiligence_on_SI-May 4
99MGTA/DNTH Do you know when this happen? “ Magenta's stockholders will own atechnetium-May 4
98Magenta Therapeutics Inc (NASDAQ: MGTA) and privately-held Dianthus TherapeuticAloner-May 3
97Great! I_GET IT! :-). Thanks.technetium-May 3
96My two “eye” portfolio stocks have shown stellar performances (EYEN) and (ISEE).Arthur Radley-May 3
95Thank you for the corrected update, I appreciate all your time and effort once aAloner-April 30
94BTW That is not a dumb question.technetium-April 30
93Please note the revised report below: There are tiny changes in the Average Portechnetium3April 30
92Yes. Give me some time. Apologies for missing that. The cash buyout will be spltechnetium-April 29
91Thank you for the update. Can you please answer a dumb question? PRVB was de-lisAloner-April 29
90And so we close out April, and the first third of the year. The NASDAQ Composittechnetium3April 29
89This week the NASDAQ composite gave back (-0.4%) its gain from the previous weektechnetium3April 22
88RXDX.... April 16 (Reuters) - Merck & Co said on Sunday it will buy PrometheAloner-April 16
87Big pharma as of late continue buying up small biotechs in order to replenish thArthur Radley-April 16
86I’m treading water, the happy median. Would like to hit one out of the ballparktechnetium-April 15
85You are absolutely correct. Luck of the draw.technetium-April 15
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