I thought it might be interesting to take a look at some of the best players worst closed picks and make the reverse call on them. Some of the picks were very old, but I'm just going to check the strategy.
The picks are for
AM, GORO, VHC, XOMA and UAI
How can I get a list of the Spam Stocks? Is their a tracker for them??
In a previous post I mentioned that it seems that outperform picks have delivered higher point totals than underperform. If you look at LVS it has delivered 2900 points to several caps members. In fact if you look at the All-Time Best picks you will find that there are no underperform on the list. The real reason is that if you pick an underperform and hold it to 0 ( the most points you will make is 100 without any affect of the SP) - I checked the highest score from TMFStockSpam and its +110.02 so the SP does allow better than 100 . [more]
I was spending a few minutes checking out what the leading players were doing, ((By the way congrats to Ultralong)) - and was trying to copy of few of their picks. The market is confusing right now and like many beginners I need all the help I can get. I found several of their picks that have been made over the last month, un pickable? i.e. this Ticker not Rateable??? Since many have over 20 active picks, why can't I rate it? Just another little question, any answers would be appriciated. [more]
1) Like a desk you buy at IKEA, stop and read the instructions. During the last 2 months I've been closing picks when they went positive, only to realize yesterday that closed picks with a score of 0-5 are ignored in determining your Accuracy. [more]