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Archive for January, 2011

Get Your Picks Ready For The 5th Annual Merrill Dubrow Blog Stock Contest. Yes, There Is Money Involved And It Costs Nothing To Join! (** Contest Closed **)

Wednesday, January 5th, 2011

This contest is now closed. Click here to follow the stock contest leader board. Good luck to all participants!
 
First of all, congratulations to Bo Mullan whose stock pick, VirnetX Holding (VHC) went from 2.94 to 14.85 – an increase of 405.11%! For winning the contest Bo will receive $300.00.

2010 was a very good year for stocks. The average stock went up 28.86% while 67 stocks went up and 39 went down.

To participate in the 2011 contest, here is what you need to do:

Respond to the blog with your stock name and symbol.

State the reason why you picked the stock you did. It’s as simple as that. We’ll do the rest.

A few things to remember:

  • You need to respond by 7:00 PM CST January 24, 2011
     
  • You can only have one entry
     
  • The stock price needs to be at least $1.00 – anything less will not be accepted into the contest.
     
  • Only one person can have a particular stock, so the person who responds first gets the pick and we will notify anyone who has a duplicate stock (we had at least 10 duplicates last year and I am sure there will be more this year).
     
  • If a stock splits, we will make the necessary calculation and adjustment
     
  • If the company you pick gets acquired during the year and their company doesn’t have their own stock price, you won’t be counted in the contest
     
  • We will use the stock prices as they were at the time the market closed the last trading day of 2010.
     
  • Like last year we will post a leader board.

First prize will be $300.00 for the person whose stock goes up the highest percentage in 2011.

I will get the ball rolling with my choice for the 2011 contest: Omnicom (OMC). Simple choice, Omnicom will have a great 2011!

Take the stock challenge of 2011! Get your entries in today!

Again, the deadline is 7:00 PM CST, January 24th.

Attention Employees Want To Be Remembered The Right Way – Go Out The Right Way!

Monday, January 3rd, 2011

I wish I had a $1.00 for every time I heard a story of someone leaving a company for another job and unfortunately not leaving the right way. I understand when you give notice and want to leave your current employer to either start a new job or take time off that you aren’t as engaged in the company as you have been in the past. Either the employee has:

  • Tossed in the towel
     
  • Started to miss deadlines
     
  • Started showing up late to work
     
  • Not given the proper notice
     
  • Started to recruit clients for their new job

The list goes on and on.

I have had heated discussions with friends and industry contacts suggesting that they give more notice and plead with them to go out the right way. I also practice what I preach and when I have left a job I actually have given my employer the option of up to a month notice. Something I really didn’t want to do but I knew it was the right thing to do. I know the feeling of wanting to start something fresh but trust me on this go out the right way. If you were at a job for 5, 10, 15 years it really doesn’t matter, believe me if you go out the wrong way and burn a bridge that is the ONLY thing that will be remembered. There a lot of reasons to go out the right way, I won’t take the time to list all the reasons but I will say that the research industry is small in fact tiny and if you go out the wrong way it will get out and potentially hurt your credibility and down the road you will regret it.

I realize this is a VERY sensitive topic but I would love to hear from industry executives like Steve S, Merrill S, Carl I, Todd B and many others who would like to respond. I am not looking to name names just having you describe the situations will be great.

So I will ask:

  • How do you like an employee to handle their departure?
     
  • What things truly bother you when an employee leaves?

I really look forward to hearing from you.