Value Microcaps Pick Six Lotto 07

[lentinman]

Worthy:

You don't ask much do you??

Just as there is nothing on the floor that a dog will not eat, there is no stat to obscure and esoteric for me to pursue....

....however, there is the reality of time - especially at the beginning of a contest. Keep in mind, we don't log, or even note - much less calculate - the dollar volume for each stock picked. We only note whether or not it is obvious that it qualifies. If it is not obvious, we will figure it out, but that is only a handful of stocks. Thus, I can't imagine us putting that list together as our concern on the dollar volume is simply whether or not it qualifies.

Also, I think it is worth mentioning that, on average, a person's picks are likely similar to what they would also own. So that, if a person owned stocks that barely met the dollar volume rule, it probably means that's what they invest in too - and thus, represents either a lot of diversification or less capital to invest. If they pick stocks that have a much higher dollar volume, it probably means they either own only a handful of stocks or else they have a lot more capital to invest.

The point of that is that the contest, as I have always argued and (IMO) proven via a variety of ways, continues to accurately reflect (within reason) the kind of performance the we (as a group) average during the same period in real life. Of course, individual results will vary considerably from contest to contest. But, the sample size of the group is large enough that it does a good job of reflecting "our" returns.

Len