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Our current portfolio has about 140 holdings. We may have more or less holdings depending on overall market situation and availability of good plays. Each symbol has different weight in our portfolio and frequently traded symbols may change their weight in the portfolio frequently.
By trading penny stocks for some time we realized that it could be interesting to know how the overall "penny" market is doing on daily basis. So, we started tracking a PennyStocks100 INDEX - an equally weighted portfolio of 100 (exactly 100 symbols) penny stocks. It's a new thing for us and we don't have established guidelines to decide whether a symbol belongs to this Penny Index or not, but at this point we follow these rules:
After cleaning up our portfolio from those two categories we still have more than 100 symbols.
To select INDEX 100 we rank our trading portfolio holdings by highest average weight and longest average time in the portfolio. We picked top 100 and that's how PennyStock100 INDEX was born!
We track the index since Sept 7, 2009.
Below is the last week Friday, October 2, 2009 update - snapshot of the INDEX performance since inception vs. S&P 500.
No changes in the portfolio symbols list since Sept 21, 2009
To get full (and FREE) access to our penny stock index, please go to www.tickerspy.com, click on Ideas & Research tab, Select 'Members', Enter Member Name: centreturns and in the bottom of the page you will see the table. Click on 'track' and you will get full access to the Penny Stocks 100 INDEX.
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