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Re: tedpeele post# 122352

Thursday, 06/22/2017 4:33:01 PM

Thursday, June 22, 2017 4:33:01 PM

Post# of 234025
In my decades of experience, Pennyland has only outperformed the broad stock market for about one year and that was around 1998, before the meltdown. By 2002 most small cap/tech players had been cleaned out, and never returned.

Why is there no "S&P" average for Pennyland? Because no one wants the stiffs to know how truly awful those stocks are. The tech surely exists nowadays to put more accurate numbers on the OTCBB and even pinks.

Closest way to track tiny cap stocks is the ^RCMP average which tracks the NASDAQ's lowest ranking stock tier (of three tiers). Those stocks have done well over the past year but in general RCMP stocks are risky and perform poorly over long periods.

I avoid NASDAQ stocks. The 2,500 issues on the NYSE should be enough for any investor.



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