Holy bat-benchmarks, Super Pottsy is up, up and away
KERTHWAK! That's the sound of the market snapping up 1.2 per cent. Bam! Whack! Kapow! That's the symphony of sound effects accompanying our new shares race superheroes as they demolish the benchmark and post some dizzying gains at the end of week one.
KERTHWAK! That's the sound of the market snapping up 1.2 per cent. Bam! Whack! Kapow! That's the symphony of sound effects accompanying our new shares race superheroes as they demolish the benchmark and post some dizzying gains at the end of week one.We should have known the moment a politician says "the mining boom is over" resources stocks would rally - and so it was.Pottsy made the most of it, bouncing back from a dismal finish in the last comp to make almost 10 per cent in five days of trading.His pick of Avanco, which is exploring for copper in Brazil, was up a stunning 44 per cent. Doreen "the Gaze" Daze wasn't far behind, racking up 8.5 per cent after Metgasco and Solimar Energy leapt by a third each.A return of 6 per cent would normally have been enough to put analyst Qaiser Malik in front, but he has to content himself with third spot early in the race.In the middle of the table we have the beginnings of a workplace grudge match, as Gaynor "the Flying Springbok" Reid and Peter "El Jefe" Hook of Accor Hotels battle it out for office supremacy, the esteem of their colleagues and first crack at the work stationery cupboard.Gaynor claims an early lead, but with less than $700 separating them, it is game on.The crown weighs heavy on the brow of current shares race champion Richard Pritchard, while Dartboard's aim was OK - but not enough in this hot market.Propping up the table is reader Ron Morrison, who had no heroes and a few villains in his portfolio. But with three weeks to go, anything can happen and probably will!
Want access to our latest research and new buy ideas?
Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.Sign up for free
Join the Conversation...
There are comments posted so far.