Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
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October 31, 2006 Playboy Stock-Picking Contest

With the end of October, I'd thought I'd update the 2006 Playboy Stock-Picking Contest. Right now Courtney Culkin, Miss April 2005, is in the lead. Her portfolio is up 47.01% for the year. Courtney's best stock is Steven Madden ("one of my favorite dress shoe brands") which is up over 120%.

Amy Sue Cooper, the Cyber Girl of the Year, is in second at 28.96%. What impresses me about Amy's portfolio is that she actually gives good arguments for her selections.

Amgen (AMGN), the world's largest biotechnology company, and Abgenix (ABGX), a company specializing in the discovery, development and manufacture of human therapeutic antibodies, announced that they have signed a definitive merger agreement under which Amgen will acquire Abgenix for approximately $2.2 billion in cash plus the assumption of debt. This merger could possibly benefit this company tremendously. I am a nurse so this only makes sense.

That's beats a screaming bald man.

Here's how the other contestants stack up. If I were participating, I'd be on top of Lindsey Vuolo and underneath Kara Monaco:

Courtney Culkin...................47.01%
Amy Sue Cooper..................28.96%
Deanna Brooks....................21.44%
Kara Monaco.......................15.17%
Me........................................8.47%
Lindsey Vuolo........................4.6%
Pennelope Jimenez...............-0.41%
Christine Smith.....................-1.78%
Jillian Grace..........................-3.56%
Pilar Lastra...........................-5.16%
Amy McCarthy......................-32.74%

Amy McCarthy is Jenny's younger sister.

Posted by edelfenbein at October 31, 2006 10:47 AM

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