Register
Hello, !
Edit Profile | Logout

OT: What do I need to do to get ranked?

Rating: not yet rated    Vote: Terrible (-3)Worse (-2)Bad (-1)So-so (0)Good (+1)Better (+2)Best (+3)
User name*: '    Password*:
or register if you are a new user
User name*:
First name*:
Last name*:
Password*:
E-mail*:
Retype e-mail*:
Opt-In: Yes, send me email from InvestorPlace Blogs regarding blog post notifications and voting/commenting bulletins, along with The Investor Post weekly e-letter. Please un-check this box if you would prefer not to receive email from us.
Privacy Policy
InvestorPlace Blogs is powered by Marketocracy. Marketocracy has authorized Investor Place Blogs as an official registrar for voting through Marketocracy's Investment Research Rating service. Registered members of InvestorPlace Blogs are linked with a Marketocracy account to establish voting power based on their performance of trading and posting on stocks.

I can talk all I want in my blogs but what good is it if I don't show my progress in the rankings? As of the end of Thursday, I am supposed to be up 3.5% for "the current round" (NAV 10.35) but have continually shown as 0.00% while my "since inception" stats are not correct but at least not 0. This would at least put me in the top 75. I understand I started a few days late and did not get into compliance until about Feb 4th but I show an 81% compliance record. I know the standings lag a day (or two at times) and that's fine but I honestly can't even figure out where they get the numbers for me at all. If they can't get my numbers right, I suspect there are many others with the same problem.

Now one sixth of the competition is over and I am bunched with about 40 other people that are up (or down) by some amount and show up as 0.00% gains for the current round. These are not the same people that are all in cash who are all down 0..07% I assume due to management fees.

Now I know I played the "ah shucks" bit pretty hard early on because I am new, would make mistakes early and wasn't honestly sure I'd have time to do this. Secretly though, I suspected I could compete and at least make a good showing of it (I would be surprised if I won but top 100 or even 50 I believed to be possible) and decided to let my portfolio do the talking. Well, it's not talking at all. For better or worse, I'd like to get rated before the game ends.

I've emailed the "service" address a couple of times now and they are "looking into it" but I am not the only one here.

I really would like to see the rankings fixed. I would suggest that contestants should be ranked first by compliance (meaning everyone that was compliant a majority of the time - rules are 51% right?), then ranked by current round portfolio performance. This way the all cash folks would be down at the bottom and the people actually playing the contest would be nearer the top. As the cash folks got into positions and compliance they would start working their way up. My opinion and interpretation of the rules makes me believe even the people that are currently down but are investing and in compliance should be ranked ahead of the people not playing yet.

Sorry if this seems a rant but having been in the software business all my adult life leads me to believe this is just sloppy design or coding and not impossible to get right. But first, don't you have to clearly define what is right?

1) Sort out all the compliant people (51% or better since the current round or whatever the rule is), put them in 1 group and put the rest in the other group.
2) Rank the compliant group of people in order of highest to lowest "Current Round" gains/losses.
3a) Rank the non-compliant people from highest to lowest current round gains
3b) or, if the information is available and has value, be more detailed and rank them by compliance percentage first and then sort by current round gains.

That seems to be fair and also seems how the contest ends (before picking the winner for the top X people based on posts.) Why not let us really see where we are relative to each other correctly now?

Is this too much to ask? Am I doing something wrong here? Am I missing something here? Sorry for beng such a noob.

Thanks in advance,
Uncle John

Comments (1)

Keith Barton:

Uncle John,

All of the rankings are completely jacked up, including some of the daily totals. A couple days ago they even posted the opposite return, with the negative stocks shown as positive, and vice versa.

The IT manager should be hung - as the website has been broken since it was first released in SLO1. As each component has been fixed, it's broken others - we can expect this to continue.

Post a comment

You are logged in as . Log out


Comment Preview
Preview your comment here

You must be logged in to comment. Click here to register.