Doppler, I agree. You make a good argument for disallowing stocks under a certain price (say, $1) and OTC.BB stocks from the contest.
Under the contest rules, though, you could pick 5 OTC-BB stocks, and NO higher-priced stock. Your argument applies here just as it does if you'd picked 4 de-listed stocks and one higher-priced stock.
You are not making any sense. You are saying that it would be unfair for somebody to win because they picked 4 de-listed stock and one large-cap, but it would be fine if they'd picked 5 de-listed stocks. Huh? That's entirely arbitrary. It has no relationship with one's ability to pick stocks.
Let's un-obfuscate the problem by not including any penny stocks in the example.
How about a portfolio of BRK.A, INTC, MSFT, QCOM, JDSU? All upstanding, large-cap stocks. Not a de-listed OTC-BB or penny stock among em.
However, the performance of INTC, MSFT, QCOM, and JDSU will not have any meaningful effect on the portfolio. The performance is going to be determined entirely by the performance of BRK.A.
What kind of test of your ability to select a basket of stocks is this? It isn't, because 4 of your 5 stocks are not going to affect your results. |
