UpDown.com, a new social networking site for virtual investing,is launching a $10,000 student investing contest that begins March 1st 2008 and goes through the end of May’2008.

Awards: Compete to win more than $10,000 in prizes for the highest portfolio returns and the most powerful stock analysis.

“This contest is particularly exciting for students who are interested in launching careers in finance, because it offers them an unprecedented way to demonstrate their investing talent to recruiters and potential employers,” says Michael Reich, CEO and Co-Founder, UpDown.com. “Additionally, the contest provides a no-risk opportunity to earn some real money—which nearly all students can use.”