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Biotech / Medical
2024 Biotech Charity Contest
An SI Board Since December 2023
Posts SubjectMarks Bans
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Emcee:  technetium Type:  Moderated
Contest Portfolio Submission Deadline: SUNDAY, 1/1/2024, MIDNIGHT, PST!

(Initial portfolio stock prices will be set at the Friday, 12/29/2023 closing prices)

Welcome to the 2024 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, subject to some housekeeping notes. Please post your picks publicly for 2024, or send them to me via a private message before the deadline and then post them publicly after the deadline.

Here are the 2024 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 2024 Contest will be set at Friday, December 29,, 2023, closing prices. The Contest submission deadline is Sunday, January 1, 2024, Midnight, PST. The Contest’s end date is Tuesday, December 31, 2024, 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 and stock prices. 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:


AMGN 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 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 Biotech Charity Code of Honor by taking unfair advantage of market-moving news (e.g., news following the 1/5/24 market close but prior to the 1/7/24 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: Tuesday, December 31, 2024, 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 that 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 2023 Contest board, here’s the link:

Subject 60334

The Biotech Charity Contest boards prior to 2023 are also available at Silicon Investor by searching for:

[year] Biotech Charity
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ReplyMessage PreviewFromRecsPosted
89Report summary: Report Time Ranges From To technetium-June 17
88Bare bones report: CNSP had a 50:1 reverse split, which is rather dire. finatechnetium2June 8
87Hey folks. Though I enjoy doing these weekly reports, there is no question thattechnetium1June 3
86Pleased to learn that. I enjoy your comments and appreciate they take considerabA.J. Mullen-May 28
85Yes, Oxford Nano produces the Minion. It's very useful to get the impressionA.J. Mullen-May 28
84Okay, so maybe I won’t quit but might cut back on the commentary to every other technetium1May 28
83This week ithe contest performance is “pong” in opposition to last week’s “pingtechnetium1May 28
82Thanks so much for all of your efforts to keep this going until now. Your analysErikOtto4May 28
81I think it is Oxford Nanopore that has the MinION machine. I have bunches of funSteve Lokness-May 27
80Sorry you’re leaving, Gwen. You’ve done a great job! I actually didn’t start thBulbaMan-May 26
79Heads up: I don’t want to volunteer to do this any more. You’ve been a great autechnetium-May 25
78What made Illumina was the purchase of Solexa - a British company that realized A.J. Mullen1May 23
77I recently watched a short webinar from ILMN Illumina, featuring how far they hatechnetium-May 23
76Thanks. They also announced a collaboration with Genome England, which aims to pA.J. Mullen-May 22
75I found this. PACB was chosen for a new genome sequencing project. Sounds interekathleen-May 21
74A decent week all around, more gainers than losers. In fact ten portfolios madetechnetium1May 20
73Does anyone have any idea why the dog in the worst performing portfolio here (miA.J. Mullen-May 14
72GLYC Phase III trial results for Uproleselan in AML Study of technetium-May 13
71Honestly, I thought it more likely than not that this week would see the pendulutechnetium-May 13
70Wow.This is certainly different than two weeks ago. As the lady (approximately)technetium1May 4
69VKTX could be hit tomorrow on AMGN's obesity update this evening.DewDiligence_on_SI-May 2
68*A figure emerges from a pile of bed spreads and duvets, looking around cautioustechnetium1April 29
67Well… I’m tempted to limit this report to “Hey just look at the spreadsheet"technetium1April 22
66We listen to Market Watch. “Stormy Weather” is the theme when markets down, parttechnetium1April 17
65My worst stock, PACB, is down another 40% today, bringing the yearly decline to A.J. Mullen-April 16
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