New Virtual Stock Club Launches

Think you can beat the stock market? Have a fantasy football or baseball team? If you answered “yes” to either of these questions, we have a new game for you.

Fishers-based Samex Capital and atCarmel.com have partnered to bring you the “atCarmel.com Samex Capital Stock Club.” Modeled after the fantasy sports leagues that are all the rage online, this virtual stock club affords participants the ability to invest $1 million in the stock market and compete against others to see who can attain the highest earnings. Each quarter, Samex Capital will award the most successful participant a prize. There is no cost to participate, registration is available through the Samex Capital website at www.SamexCapital.com.

“It’s a great way for people to learn more about the stock market, test some theories, and play with faux money for fun,” said Samex Capital president and senior analyst Keenan Hauke.

A regular contributor to the “Geist” and “Carmel Community Newsletters,” Hauke also publishes a regular newsletter, blog updates, and other market insights which are available through the company website. Facilitating the atCarmel.com Stock Club is one more way for the local company to have an investment dialogue with the greater Carmel community.

“We hope that the club will grow and we’ll be able to facilitate regular meetings,” added Hauke. “Our analysts love to talk shop with other investors.”

People who are interested in participating are encouraged to visit www.SamexCapital.com and click on the “atCarmel.com Samex Capital Stock Club” link to sign up. The fourth quarter of 2010, which begins on October 1, will be the first live quarter for the contest.