No. of Recommendations: 6
Value Line have outdone themselves today. They haven't posted a database update at all. I know, it's a holiday. But over the years they have always, consistently, posted the updates on Monday mornings, holidays or not.
I suppose if one were being generous, you could view all those earlier instances as a bonus. Everybody like holidays, so I could let that slide.
The bigger issue is that, now that this week's update file is out (the one with file name Feb 21), it's again garbage. Prices seem right, but the week-cycle total return fields are wrong. For each stock, r13=r26=ytd which is obviously incorrect, same as happened in the prior two releases. Other fields may be wrong.
Question for anyone else using the VL windows program - if you connect in "on line" mode, and do the update menu item, do the total return fields get recalculated and corrected? (Mine doesn't, but I am using a *very* old version). I am assuming the answer is "no", as in the general case you won't be doing an update an even number of weeks from a prior release...I never do the online updates, but I am guessing they update only a few ratios directly determined by stock price: the price, market cap, Current P/E ratio, dividend yield? Not total return figures.
Jim
