A Strategy Guaranteed to Raise your Caps Score
Don't mean this to sound like "sour grapes", but after noticing a red thumb on a stock that I own, which is up over 100% for me in real life, and at its 11 month high, I went to take a look at the poster's CAPS page to see what their "track record" has been.
Since they had a very high score, I thought it would be in my own best interest to see if I could figure out why they red thumbed it.
In looking at the overall picks, a pattern soon emerged, which is really very simple. Red thumb all stocks which have one star in CAPS.
My curiosity piqued, I started to look at others with very high scores (not all high score holders of course), and saw the same pattern repeated over and over.
Now I could be wrong, and they may be shorting these picks in real life, but some how, I just don't think they are.
There is nothing wrong with red thumbing picks, and after all, CAPS is just a game, as is often stated, but just wanted to give a "heads up" to any new players who might see very high scores, and assume that any pitch they see popping up is one they should follow, without further investigation.
Good luck to all "red thumbers" and all "green thumbers", and all who split them down the middle.
This is not meant to belittle or demean anyone in CAPS, but for some of you who may be struggling to exchange the "beanie" for a "jester's cap", here is a way to build it up; "bank" the points, close them out, then keep the ones you really want and proudly proclaim to your friends and family that you are a "super star" in Motley Fool CAPS.
FOOL On and have a great time in the world of investing.
Just in case this sounds a little harsh, this is "tounge in cheek".