Now that my list of calls has received 29 recommendations I have the feeling that I should explain again what this list is. It is my first post and I thought it was a good idea mentioning Hugh Hendry and James Simons at the beginning, so I did. Starting on February 18 I then used that post to make some calls on stocks and funds. There are several reasons for me using that list instead of one of my by now 12 "caps" game players (portefeuille -> portefeuille12). The stock/fund that is the object of that call might have been "currently not ratable" in the "caps" game or I might have run out of "vacancies" (200 active calls limit) or I might have thought the call would turn out to be a "great" call. The vacancies where no problem when I had starting the mass production of new players in March, so most of the calls on that list are there because the stock/fund was not ratable or I wanted to "show off" a little ...
As some have found out and as I keep telling everyone around here (I think I will slow down my promoting efforts somewhat since the publicity appears to be more or less "adequate" by now ...) most of those calls were not bad and this story would have a pretty, happy end if it were not for me wanting more. I want to make new calls and also to somehow answer the "what next" question for the old calls. Making new calls is no problem, I think I could make hundreds a week but I am not sure I won't end up with a cramerlike track record and that would certainly not count as a happy end. What is a problem to some degree is to take care of my babies once they have seen the light of day. Those few "underperform" calls I don't really care about (and neither should you, I guess).
pre July 23 a switch from "outperform" to "no new rating" was usually meant as an advice to "take some profit/loss" (I think there was never a loss to take).
post July 23 I used a switch from "outperform" to "market perform" to give the "take some profit/loss" advice and used the switch to "no new rating" as an advice to sell most or all of the shares or to at least not blame me for whatever happens to the stock after that.
Well as long as I had the feeling that no none pays any attention to my list this "sloppiness" was alright I guess. I think it might be good idea to from now on use the comment section of my at that future point in time most recent blog post to write a short explanation whenever I change a call from my list.