SHS Students Show Off Investing Smarts!

Last Updated on Jan 26, 2015 at 1:32pm

Southern Garrett High School(SGHS) students recently won six of the top 10 place standings in Maryland’s Western Region of the Fall Stock Market Game. The 10 week academic competition is offered by the Maryland Council on Economic Education. SGHS teams were sponsored by First United Bank & Trust.  Local investment broker, Rob Sharps, worked with teachers Lisa Bender and Athena Wilson and their students. Sharps visited classrooms and helped explain stock market and investing strategies to the game participants.  Sharps has partnered with both Bender and Wilson for 19 consecutive years to provide this unique and valuable educational opportunity. 
                “I am amazed at how much the students are engaged in the competition each year,” said Bender, who uses the Stock Market Game in her Financial Management classes.  “Students learn so many valuable skills with this contest: team building, decision making, business vocabulary, math calculations and investing strategies.  These are all skills that can last a lifetime! The Stock  Market Game is ideally suited for classroom use by teachers who want to embed a STEM lesson into their teaching practice.  It's a win-win situation for students and teachers.” 
                In the Western Maryland Region, 76 teams participated in the fall 2014 competition. Bender’s Ashton Shreve, Blake Harman and Bryson DeWitt finished as the top high school team in the western region which includes schools from Garrett, Allegany, Washington, Frederick and Carroll counties.  Their team saw earnings of 3.22% above the S&P 500 Growth for the same 10 week period and finished the game with capital gains of $4,961.45.  The 2nd place high school team in the Western Region was also from Bender's classroom.  Jonah Faciolli and Logan Hinebaugh ended up in 4th place overall by earning $4,297.94 in gains. Other student teams earning honors from Bender's Financial Management class included: Connor Bosley, Emily Pariseau and Levi Boone, who placed 6th in the region; Jordyn Shillingburg, Damieann King, and Elizabeth George who placed 7th in the region; and Danielle Collins, Alexes Capan, Samantha Hensley and Jada Childers who placed 10th in the region.  From Athena Wilson’s Stock Market Game RAMS period, Jocelyn Reckart, Anna Layman, and Nina Hillen placed 5th in the region and 3rd in the High School Division. 
                Statewide, there were 803 teams that competed in the fall academic contest.  Typically, each team consists of three members that manage an online investment portfolio of $100,000 using real-time stock quotes.  The team members are responsible for keeping up with current events that affect the market, researching companies on the NYSE and NASDAQ exchanges, investigating the investment potential of a company’s financial data like P/E Ratios, Beta Scores, and EPS data, and making trades.  Team members work together to make investment decisions continually for the 10 week period and track their portfolio’s balance and team standings on a daily basis.  
Back row: Investment broker Rob Sharps from First United Bank & Trust, Ashton Shreve, Damieann King, Bryson DeWitt, Blake Harman, Danielle Collins, Jonah Facciolli, marketing teacher Lisa Bender;
Front row: Jordyn Shillingburg, Samantha Hensley, Alexes Capan and Logan Hinebaugh.
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