Press Releases
| For Immediate Release |
|
| January 30, 2009 |
Contact: Charles Evenson
608-266-2026 |
New Holstein High School Team Grabs First Place
In Wisconsin Stock Market Game
Beats S&P 500 by 88 percent,
makes $70,978.25 profit in 10 weeks
(Madison) A team from New Holstein High School (NHHS)) in New Holstein
that made nearly $71,000 in hypothetical profit and beat the S&P
500 by 88 percent has won the statewide competition of the Wisconsin
Stock Market Game (SMG) for the fall 2008 semester. Team members and
their faculty advisor will receive Certificates of Appreciation signed
by Governor Jim Doyle at a banquet February 4 at the Apple Creek Inn,
3177 French Road, De Pere, held from 6:30 p.m. to 8:30 p.m.
Members of the team include students Bryce Wick and Ryan Mayr. Their
faculty advisor is Mary Shudy. NHHS came out at the top of the 2,011
teams competing in Wisconsin during the fall 2008 period.
“
These young students and their advisor deserve congratulations for
their accomplishment,” said DFI Secretary Lorrie Keating Heinemann. “They
did a wonderful job against strong rivals. I encourage all Wisconsin
students to get involved in the Stock Market Game competition. It’s
a great way to learn about stocks and investing.”
The students used a hypothetical $100,000 to buy and sell stocks. Their
trades resulted in the team earning the $70,978.25 profit in the 10-week
span. As a reward for topping the competition, the team won a trip to
New York City where members will get a guided tour on the floor of the
stock exchange, a visit to Ellis Island and admission to a Broadway show.
Midwest Express Airlines will provide air travel. Robert W. Baird & Company
will pay other expenses.
Wisconsin’s SMG is sponsored by EconomicsWisconsin and supported
by DFI. It is the largest program run by Stock Trak in the nation. More
than 25 states participate. During the fall 2008 semester, nearly 20,000
Wisconsin students took part. There are two separate 10-week competitions
each year.
The SMG is available to all public and private school students throughout
Wisconsin. It is adaptable to a wide range of classes including social
studies, math, economics,
business and financial education. Students learn to develop team strategies,
make decisions and become informed about investment terms and economic
concepts. They also learn to see the connection between world events
and their investments.
Teacher/advisor training on using the SMS program is required. It can
be obtained through free training workshops held throughout the state
or on line via the EconomicsWisconsin website located at: www.economicswisconsin.org.
For more information about the Stock Market Game, contact Melissa Guzman,
EconomicsWisconsin program coordinator, at (414) 221-9785 or email her
at econed@economicswisconsin.org.
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