Betting that two stocks would go down sent J. Sapitro's portfolio up this week - to the top of the rankings of the Stock Market Game.
At the midway point of the 10-week investing simulation game, the Liberty Township resident has amassed $133,485, mostly from short-selling shares of Escalon Medical Corp. (ESMC) and Champion Enterprises Inc. (CHB). As hoped, the shares have fallen so that Sapitro can repurchase them and profit from the difference.
The Nati Chart Busters, meanwhile, stayed on top of the high school charts in the fifth week despite losing almost $5,600 from its investment in Aladdin Knowledge Systems Ltd. (ALDN).
The loss has eroded much of the Indian Hill High School team's profits.
The middle school division has a new leader in $Money Maker$ team from Lakota Plains Junior High School. The students from Becky Falato's class can attribute most of their gains to their investment in stun-gun maker Taser International Inc. (TASR).
$100 million rescues Milacron
Online surveys drive radio ads
Phone regulators allow access raise
Personal sales tax can't be deducted
Lender relies on lower rates, ads
Okla. settles fraud charges against MCI
Delta loses exec
Stock Market Game