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It's true that a number of my underperform calls have been made on stocks it'd be quite difficult to short with real money as shares aren't readily available to be borrowed. That's not the case for all of my underperform calls, however.

 

Not saying you, or anyone else for that matter would, but I would like to add that I would STRONGLY discourage anyone from following any one of my picks with real money on the basis of my having made the pick alone - a lot of what I do in CAPS is experiment with ideas that I, myself, would never try with real money.

 

That said, since CAPS is a stock picking / stock ranking game and not a portfolio simulation game, I think being able to make calls one couldn't make with real money greatly enhances community intelligence.

 

The real master at finding junk stocks isn't me, though. That honor I'd have to bestow on Seth (TMFBent) by a country mile. What he's done, and what he's uncovered, has been absolutely incredible - and I have learned a great deal from his efforts.

 

CAPS, ultimately, is about finding the best stocks in my view. Part of finding what to invest in is finding what *not* to invest in and I believe that exposing some of these fly-by-night companies, as CAPS has so far done a darn good job of doing, helps immesurably in that regard.

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