We’re excited to announce closing a $1M funding round with our angel investor Joachim Schoss, who also invested in prior rounds. He invested $750K in UpDown in January 2008.
The investment will help us improve UpDown.com in the coming weeks and continue to establish it as the best stock market game and source of stock tips on the web.
Joachim, thank you for your continuing support from the UpDown team!
Michael
For your Investing Pleasure, here is a list of the stocks bought and sold most by the top 100 investors on UpDown from market close on Friday, August 29th, through market close on Friday, September 5th.
Most Bought:
1. CTICD – Cell Therapeutics, Inc.
2. TMA – Thornburg Mortgage, Inc.
3. ESLR – Evergreen Solar, Inc.
4. FCX – Freeport-McMoRan Copper & Gold Inc.
5. UYG – Ultra Financials ETF
Most Sold:
1. GOOG – Google Inc.
2. WB – Wachovia Corporation
3. SKF – Ultrashort Financials ETF
4. DIG – Ultra Oil & Gas ETF
5. LEH – Lehman Brothers Holdings Inc.
Check out the latest UpDown Top Investors rankings here!
The UpDown Team
Here is a list of the stocks bought and sold most by the top 100 members on UpDown.com from market close on Friday, August 22nd, through market close on Friday, august 29th.
Most Bought:
1. GOOG – Google Inc.
2. WM – Washington Mutual, Inc.
3. DUG – Ultrashort Oil & Gas ETF
4. RDN – Radian Group
5. BZH – Beazer Homes USA
Most Sold:
1. FNM – Fannie Mae
2. FRE – Freddie Mac
3. MBI – MBIA Inc.
4. LCC – US Airways Group Inc.
5. HOV – Hovnanian Enterprises, Inc.
Invest well this week!
The UpDown Team
Congratulations to YowcephH, a senior at The University of Notre Dame and the winner of The UpDown Summer 2008 $10,000 Student Contest!
Yowceph increased the value of his UpDown portfolio by 216.67% during the contest, separating himself from a very talented field of more than 6,000 students from over 1,000 colleges and universities. He earned $2,000 for outperforming all of his peers in the face of uncertainty and tremendous volatility in the markets this summer.
Great work, Yowceph! Now, can you defend your title in the Fall Contest?
The UpDown Team
