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Re: None

Thursday, 12/18/2008 2:11:40 AM

Thursday, December 18, 2008 2:11:40 AM

Post# of 771
Stocks per price group:

Each group has hundreds of stocks within it, so the sample size is very large. The differential between the worst group ($3.00-$4.99) and the best group ($5.00-$9.99) is 5.62% - probably meaningful. The $5-10 group has had better returns 8 of the 10 contests.

Shown below are the 10 contests and the returns for each price group in each contest.

Percent gain/loss per contest:

 PSL CONTEST  1   2   3   4   5   6   7   8   9   10  CUMULATIVE  
$0.25-0.99 14 31 -16 8 37 -11 -9 -4 -20 -48 0.31%
$1.00-2.99 26 13 - 7 11 14 -15 -3 -6 -12 -45 -0.73%
$3.00-4.99 13 12 -10 6 16 -10 8 -9 -18 -48 -3.93%
$5.00-9.99 34 20 - 3 23 13 1 -1 -7 -13 -41 1.69%
$10.00+ 17 5 - 0 16 10 4 3 -1 -12 -36 -1.89%
Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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