May Close CAPS Accounts
I am considering closing out my CAPS accounts. It is simply unacceptable that for a month fool.com has been unable to fix the glitch that took away CAPS points for anybody who had an ABT pick open on the split date. How many other spinoffs have been scwered up? What is the point? All of my picks in this account are my real life stocks, with comments indicating when I added or sold shares. The reality is that until the ABT split, that pick had strongly outperformed the S&P. you can also see this if you go to a site like ychats with a decent charting tool and compare my ABT pick to the S&P from the date in 2010 when I originally picked it.