Replies to post #147 on Value Microcaps Pick Six Lotto 01

[Jim_WI]

Re: your question to Lentinman and JMIH valuation.

Perhaps everyone should include an "alternate" stock in the event one of our "gems" takes a big 'ol dump by 6/30. The alternate can be the tiebreaker in case there is one.

OK.. I'm back to the shadows. :-)

Jim

[lentinman]

bbtoc: JimW: 25 cents:

It might not be a bad idea for anyone with a stock that is flirting with 25 cents to have a substitute that you make known this week.

However, I think it is not unreasonable to do as you say (bbtoc). If Thursday's close came and someone had a stock that had dropped below 25 cents, I see no problem with taking the average of the number of sessions since the person made their pick. If it was above 25 cents, that would be ok. The bottom line is that not everyone can sit here all day long and monitor their picks to see if they are staying above 25 cents. What if somebody left to go on vacation last week and won't be back until Friday?

We will figure it out if something doesn't work perfectly, but a substitute stock would be a good idea.

Len