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What does this actually mean? -- Particularly the word "closed".

"The following players rated 90 or higher closed stocks which you have picked"

I sometimes look at these players' caps page and find that the stock mentioned is not actually an active pick. More often it is an ended pick. Sometimes I find that the stock mentioned is neither an active or inactive pick.
It seems that this information would be more useful given another way. for instance, tell me whether this player has ended this pick or is this a new active pick.

So, what does "closed" mean in the context of a CAPS alert, and how is this alert useful?
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<I.So, what does "closed" mean in the context of a CAPS alert, and how is this alert useful?

I'm not a CAPS insider, but I believe closed means ended. If we are both green tumbing a stock and I end it, you will likely get an alert saying what you quoted above.

I opt out of these alerts. I think that encouraging a 'follow the leader' mentality in CAPS biases the goal of building group opinion in a negative way.

TMFHelical
Community Analyst Team
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I'm not a CAPS insider, but I believe closed means ended. If we are both green tumbing a stock and I end it, you will likely get an alert saying what you quoted above.

I opt out of these alerts. I think that encouraging a 'follow the leader' mentality in CAPS biases the goal of building group opinion in a negative way.



Thanks TMFHelical,

I think you're correct. So then, is there an alert given when the opposite happens? For instance, when a 90+ player starts a CAPS pick that I also have (e.g., we are both green thumbing a stock) will I get an alert on that? I don't think I've seen that. I would like that more actually. Knowing that a successful player agreed with my thinking on a company would help me.

I think you're also correct in your opinion that "follow the leader" mentality can put an unhealthy bias into the overall CAPS data.

I actually am a new CAPS player and I'm not really playing per-se; rather I'm using CAPS to help track stocks that I own or am considering owning.

Thanks again
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I actually am a new CAPS player and I'm not really playing per-se; rather I'm using CAPS to help track stocks that I own or am considering owning.

CAPS can be great for you. The notebooking features of the 'game' are excellent for following stocks that you own or are interested in. Write a pitch describing why you bought something. Review it periodically or when there is news and reply to your pitch with that information / opinion. Note other opinions and record notes on them. Use your blog to record your own thoughts on your investments. Note what went right or wrong.

You may not find yourself 'winning' the game part of CAPS, but years from now you'll have a great history of your own investing opinions.

TMFHelical
Big CAPS fan
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Helical makes such a great point.

Pitch every move you make. Picks you enter. Picks you exit. Reply to your own original pitch over the course of your pick's tenure when something remarkable happens that you wish to note.

It becomes your learning notebook. This is one of CAPS's great benefits, arguably the greatest.

I continue to learn a lot.

Fool on,

David
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