The People’s Fund Project
By: Dc Gary
Tags: Profit, Longbets, Loss, Stocks, Theory

The People’s Fund Project is a quick take on the stock market from a somewhat liberal arts macro social theory perspective, rather than a trained and numbers analysis professional perspective.

Through work in customer service I have encountered many people involved directly with the markets, and even count some family and friends among them. For some reason, until this year I never took the plunge on buying any stock, and aside from an industry brought to my attention through employment, never undertook analysis measures of any kind other than as something to watch. Kind of like the news.

My main concern, from a travel standpoint is the value of the dollar overseas. Which is getting absolutely creamed right now. A longstanding observation which mostly holds every day is that if the dollar is down the market will open up and vice versa. Such a simple and reliable cue got me thinking, how hard can this be? In March of course you could have bought euros or pounds or almost any stock for what would be huge gains today. Alas, that hints at a major constraint of this project: funds availability.

Since March I have been ramping up my attention to the markets and trying to scout small cap stocks that are in my price range to own at least 100 shares, if not more. As a customer service career professional, due to the pandemic I have had a lot of extra time on my hands.

For arguments sake, for my own entertainment and perhaps for yours, on December 14, 2020, I chose 25 mostly obscure stocks dug out from the thousands of options out there, all with individual reasons, and recorded their share price at the opening bell. The PFP has begun. The idea is to work with fictitious funds to prove the investment strategy. Or disprove it, as it were, and consider all 25 long bets to be checked on periodically.

Today on the morning of the 21st, well before the opening bell, I can say there has already been some interesting movement. Considerations are underway for a more actively traded fictitious funds account.

Why do this at all? Isn’t it all child’s play without real money? Firstly, why not. Secondly, yes and no. If it can be proven that someone with absolutely zero formal training can reliably make money picking long bets, than maybe it will inspire other people to consider making bets of their own. At the very least the goal here is to remove the mystique of the process of investing in companies on public markets. As anyone reading this knows, betting on companies via apps has grown in popularity exponentially lately. Here is simply an extra take to take in.

Without further ado, here are the 25 companies selected for the first People’s Fund Project mock investment. Total mock investment is $250,000. The PFP invested $10,000 each at 0930 on December 14 in a mock investment designed to prove or disprove the need for professional training in the stock market to be successful trading stocks:

SCOR @ 2.470

2. KERN @ 3.52

3. MOMO @ 13.16

4. RRD @ 1.71

5. NURO @ 2.465

6. SNOA @ 8.40

7. LUVU @ 0.085

8. SQFT @ 2.90

9. NERV @ 2.64

10. MUX @ 1.006

11. PURA @ 0.010

12. MMNFF @ 0.155

13. MYT @ 1.71

14. PEI @ 1.131

15. KBEVF @ 0.051

16. KNKT @ 0.002

17. DRVD @ 0.590

18. DRAD @ 2.875

19. MBIO @ 2.80

20. KSHB @ 0.855

21. RBBN @ 6.29

22. KULR @ 1.400

23. TEUM @ 0.329

24. SUNW @ 4.095

25. BTU @ 2.105

Share prices and weekly change at market close on Friday December 18:

SCOR @ 2.470–2.09 = -0.38/2.47 = -15.38% = $8,462 KERN @ 3.52–3.75 = +0.23/3.52 = +6.53% = $10,653 MOMO @ 13.16–13.76 = +0.60/13.16 = +4.55% = $10,455 RRD @ 1.71–2.010 = +0.30/1.71 = +17.54% = $11,754 NURO @ 2.465–2.67 = +0.205/2.465 = +8.31% = $10,831 SNOA @ 8.40–9.08 = +0.68/8.40 = +8.09% = $10,809 LUVU @ 0.085–0.081 = -0.004/0.085 = -4.71% =$9,529 SQFT @ 2.90–4.770 = +1.87/2.90 = +64.48% = $16,448 NERV @ 2.64–2.58 = -0.06/2.64 = -2.27% = $9,773 MUX @ 1.006–1.020 = +0.014/1.006 = +1.39% = $10,139 PURA @ 0.010–0.010 = +/- = 0.0% = $10,000 MMNFF @ 0.155–0.135 = -0.02/0.155 = -12.9% = $8,710 MYT @ 1.71–1.800 = +0.09/1.71 = +5.26% = $10,526 PEI @ 1.131–1.050 = -0.081/1.131 = -7.16% = $9,284 KBEVF @ 0.051–0.050 = -0.001/-0.051= -1.96% = $9,804 KNKT @ 0.002–0.002 = +/- = 0.0% = $10,000 DRVD @ 0.590–0.500 = -0.09/0.59 = -15.25% = $8,475 DRAD @ 2.875–2.860 = -0.015/2.875 = -0.52% = $9,948 MBIO @ 2.80–3.080 = +0.28/2.80 = +10% = $11,000 KSHB @ 0.855–0.945 = +0.09/0.855 = +10.52% = $11,052 RBBN @ 6.29–6.32 = +0.03/6.29 = -0.47% = $9,953 KULR @ 1.400–1.25 = -0.15/1.40 = -10.71% = $8,929 TEUM @ 0.329–0.658 = +0.329/0.329 = +100% = $20,000 SUNW @ 4.095–4.840 = +0.745/4.095 = +18.19% = $11,819 BTU @ 2.105–2.100 = -0.005/2.105 = -0.23% = $9,977

Total mock investment on Monday the 14th: $250,000

Total mock holdings on Friday the 18th: $268,330

Gain/Loss: +$18,330 +7.33%

If $25,000 would be +$1,833 for the week.