A combination of excellent investing research and some luck helped students from Southern Garrett High School earn the 1st, 2nd, and 3rd place finishes in Western Region for the Fall session of the State Stock Market Game™ competition. In fact, SGHS students took 5 of the top 10 placements in the region during the Fall, 2015 session. The game is organized by the Maryland Council on Economic Education (MCEE) and sponsored locally by Rob Sharps of First United Investments at First United Bank & Trust. Mr. Sharps has sponsored teams locally for over 20 years and has seen several State as well as Regional winners from Southern Garrett High School. During the Fall 2015 semester, 76 Southern Garrett High School students participated in the Stock Market Game.
All teams began with an imaginary $100,000 and over a ten-week period invested in corporations on the New York, American and NASDAQ markets in an attempt to increase the size of their portfolio. Broc Lohr and Adam Homberg earned 1st place in the Western Region (6th in State competition) for the high school division with a portfolio value of $107,353; Ian DeWitt, Broc Lohr and Bernie Sislo placed 2nd in the Western Region, high school division, with earnings of $105,427; and Levi Boone and Brandon Broadwater placed 3rd in the Western Region with a portfolio value of $103,485. Broc, Adam, Levi, and Brandon are students of Business teacher, Athena Wilson; and Ian, Broc, and Bernie are students of Financial Management teacher, Lisa Bender. Winners receive recognition, Stock Market Game™ gifts, and a certificate acknowledging their accomplishment.
Additionally, Teacher, Athena Wilson placed 4th in the State for competition in the Adult Division; her students, Timothy Imhoff and Noah DeWitt placed 7th in the Western Region high school division; and the following students in Lisa Bender’s Financial Management classes finished in the top 10 teams: Jasmine Corby, Kaitlyn Glotfelty and Brandon Coffren earned 8th place in the Western Region and the team of Hannah Wilt, Hannah Whitacre, Chelsea Davis and Brad Davis finished in 9th place in the region.
The Stock Market Game™ requires student teams to formulate daily or weekly decisions about the direction of the markets; make choices about buying or selling corporate stocks; and enter trades on the internet. The excitement builds during the competition when students receive their team's portfolio statement, which shows how their team ranks compared to all of the other teams in the Maryland/DC region and their school system, as well as the current value of their stocks. Prizes range from a plaque for first place to a certificate for participation. Everyone who participates may not walk away with a trophy, but will leave the competition with practical knowledge for the future.
The Maryland Council on Economic Education offers the Stock Market Game™ to students and teachers throughout Maryland and Washington, D.C. each spring and fall. The Stock Market GameTM is an educational simulation that teaches about the stock markets, the American economic system and the global economy. Participants develop skills in math, language arts, research and critical thinking, while building and maintaining a stock portfolio. It is used in grades 4-12, college courses, and by those who seek to learn more about investing. Since 1977, almost 15 million students have participated in this national program.
The Maryland Council on Economic Education (MCEE) is a 501(c)(3) nonprofit organization that has been training teachers and providing Maryland school systems with curriculum support for over 50 years. The MCEE, along with its division the Maryland Coalition for Financial Literacy (MCFL), are working hard to ensure that Maryland’s children leave school prepared to make responsible economic and personal finance decisions. More information concerning the Stock Market Game can be obtained from Rob Sharps; or Athena Wilson and Lisa Bender at Southern Garrett High School; and more information about the MCEE and MCFL can be found at: http://www.econed.org and www.mdfinancialskills.org.
Fall 2015 Top 10 Placement Participants
Seated: Ian DeWitt, Bernie Sislo and Broc Lohr
Standing: Jasmine Corby, Brad Davis, Kaitlyn Glotfelty, Hannah Wilt, Chelsea Davis, Brandon Coffren, Hannah Whitacre and Lisa Bender, Teacher.
Back Row: Rob Sharps, Advisor, First United Investments
Fall 2015 First-Place Winners-- Western Region
Seated: Athena Wilson, Teacher; First Place Winners—Adam Homberg and Broc Lohr
Standing: Alec Horner, Trent Lohr, Noah DeWitt, Timothy Imhoff, Advisor, Mr. Rob Sharps, C.J. Davis, Brady Merrick, Megan Koziarski, Piper Schenk, Brandon Broadwater, Anna-Florence Layman, Levi Boone, Bernie Sislo, and Anthony Lascaris.
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