Rules

The following are the rules for presenting a stock:

  • Presentations may be run by 1-3 members
  • The presentation should take 7-10 minutes; this allows for a 5-minute officer rebuttal and open discussion session
  • The total purchase price should be as close to $150 as possible
  • One share of the presented stock must cost between $2 and $25
  • Presentations must include a specific recommended order type (limit, market, sell short...) as well as an accompanying price point, if applicable
  • You must email a draft of your presentation to the officers AT LEAST two days before the meeting
  • The officers reserve the right to reject a stock presentation on grounds of social irresponsibility. The longer you wait to send us your presentation, the harder it will be to find a new stock if your original choice is rejected.
  • Email the officers a final copy of your presentation after you present. This is required for you to receive lettering points.
  • If you schedule a presentation with the officers and then cancel the presentation less than two days before the presentation date, there will be a lettering point penalty.

Here is a sample presentation prepared by the officers. You need not follow the formula directly, but a long or confusing presentation will generally result in a vote by the club to reject your proposal.

Voting Process

Here are the exact rules for a vote on a presentation:

  • Transactions must be approved by a popular vote within the club
  • There will also be one officer vote worth five normal votes.
  • In addition, if the difference between votes for the transaction and votes against the trasaction is greater than five, the officers may overturn the club decision with a unanimous vote among the officers.

Presentation Dates

In general, presentations will be arranged on a biweekly schedule. Should multiple groups present on the same day, the club can only choose to place one order. During the last meeting of each month, the club will choose a stock to sell if it needs to free up money for upcoming presentations.

If a limit or stop order is still pending a week after the presentation because the share price hasn't reached the target price, the club will vote on whether to cancel the trade.

See the Calendar tab in our News section for a detailed list of planned presentations.