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Release Date:   January 03, 2007
Marketocracy Announces “Castaway Stocks” for 2007
     
   

2007 picks and 2006 winners from annual “Castaway Stock” competition that has produced record returns

San Mateo, CA, January 3, 2007 - Marketocracy, Inc., an innovative investment management and research firm that has developed the industry’s most extensive farm system of investment managers, announced the release of the 2007 stock picks from the annual “Castaway Stock” competition and the winners from 2006.

“We have been operating our farm system for recruiting, evaluating, and managing great investment managers for over six years. Our process has discovered a team of managers we believe to be among the best in the world – certainly their track records would rank them at or near the top,” said Ken Kam, founder and CEO of Marketocracy, Inc. and investment manager for Marketocracy Capital Management, LLC.

“The competition was developed by TJ White, a long-time Marketocracy member, to force managers to think long-term and to take trading out of the equation,” said Kam. Based on the premise of being marooned on a deserted island, participants in the Castaway Stock competition pick five stocks they would be willing to hold for a full-year. “We love the idea. Our community is about finding and cultivating the best stock pickers and this competition is a fun way for our members to compete. The guys are brilliant stock pickers and the results speak for themselves.”

The winner of the 2006 competition, Robert Dobb from Southern California, had an average return of 87.38% for his five stocks. That would have ranked Dobb number 1 against ALL 19,810 mutual funds. The highest ranked mutual fund, a China fund, returned 81.17% for the year. His top pick, Desert Sun Mining Corp. (DEZ) returned 213%. DEZ was bought by Yamana Gold, Inc. (AUY) in April and then rode AUY up 210%. He also picked Northgate Minerals (NXG) up 88%, Mesabi Trust (MSB) up 74%, Exxon Mobil (XOM) up 38%, Cronos Group (CRNS) up 23%. The best performing stock, Sirna Therapeutics (RNAI), was up 322% for the year.

His picks for 2007: Allion Healthcare (ALLI), General Electric (GE), Google (GOOG), Healthcare Acquisition (HAQ), King Pharmaceuticals (KG).

To learn more about the Castaways Stock competition and to see the complete list of Castaway Stocks for 2007 and returns from 2006, please visit: http://research.marketocracy.com/BIP/public/castaway_2007.html

Marketocracy Research is a research company whose mission is to develop the most extensive farm system of investment managers, to refine a team investment process, and to offer investment research. Its website - www.marketocracy.com - is home to over 80,000 people from 130 countries that manage 100,000 model stock portfolios. The company’s affiliate, Marketocracy Capital Management, LLC, uses the research generated by Marketocracy Research and manages mutual funds, hedge funds, and managed accounts.

Media contact: Kelly Cinelli –Kelly@cwrpartners.com – 508.222.4802

     
left curve  About Marketocracy Inc. right curve
   

Marketocracy, Inc. has established an innovative portfolio manager selection and replacement process based on merit and has created a system to provide a realistic and level "playing field" upon which anyone can compete. For more than 3 years, Marketocracy has been tracking the virtual trading activity of over 50,000 people, representing every state and 75 countries, managing 60,000 model stock portfolios. Each month Marketocracy selects the top 100 model portfolio managers to be the m100. The company's subsidiary, Marketocracy Capital Management is the investment advisor for the Marketocracy family of mutual funds (MOFQX and TPFQX) and uses the research generated by its affiliate, Marketocracy Data Services. Marketocracy is headquartered inLos Altos,California. For more information, please visit www.marketocracy.com.

Marketocracy, the Marketocracy logo and m100 are trade or service marks of Marketocracy, Inc. All other trade or service marks are the properties of their respective owners.

     
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For more information about Marketocracy, please email:
press@marketocracy.com
or call:
Mark Taguchi
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888 881 6442 x86

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