nun bet

If you’re new to the Invest in Israel series on Nun Bet, you might want to read this post to get some background information. I have two stock simulations running. One game (Invest in Israel) is tracking an $1000 investment divided about equally among eight stocks. In the other game, I have invested almost $1000 in the First Israel Fund (First Israel Fund Game) which is a “non-diversified, closed-end management investment company that seeks long-term capital appreciation by investing primarily in Israeli securities.”

Invest in Israel game: It’s been a rough week for this assortment of eight stocks. Overall, this portfolio lost some of the gains from last week and is just up 0.13% from the time of purchase for a gain of just $1.28! Aladdin Knowledge Systems continues to lead with a 5.23% increase since the start of the game. FundTech is also up 3.17%. Radware continues to be the biggest looser. It’s down 4.43% since I bought it.

First Israel Fund Game: This fund has held pretty steady. The value for this fund has increased 2.02% since the inception of the game. That’s about where we were last week too.

Part of the Invest in Israel Game portfolio is Given Imaging. This company makes noninvasive endoscopy technology - pill sized cameras that you can just swallow! According to this article, Given Imaging’s nine-month 2006 sales rose to $67.6 million. Worldwide sales increased 21% to $24 million in the third quarter of 2006, against $19.8 million in the same quarter of 2005.