Replies to post #174890 on DD Support Board and Research Team

[DragonBear]

It's an index fund that follows precise and mechanical stock selection rules.

So precise it picked a Microcrap oil company that has never produced a drop of oil revenue.

Being a "total market" index fund it is required to have some microcaps. It's been a fabulous holding for 35 years

Imagine how much more fabulous it would've been if it wasn't quite a "total market" index fund, and excluded Microcrap scams. At least pick a small cap oil stock with actual oil revenues!

When ZN wiggled into the Russell in 2011 its PPS was hanging close to 6. Three months later it was at 1.96. Can't beat those precise selections of a Fidelity Fund! Your hopeless homework assignment is to drag out of Fidelity how many ZN crap shares did they buy at near 6, in 2011, and the total loss to date. They apparently still hold 117K shares at 0.25. Must be gunning for a $20K tax write off after it gets the boot to the OTC. LOL