What changed

Which companies entered and left the screen, and what the simulated books did about it.

Against the previous published screen, 2026-10-16. 22 names held their place, 3 entered, 3 dropped out.

Entered the screen

FENC · Fennec Pharmaceuticals Inc

Biotechnology · score 77.4

NECB · Northeast Community Bancorp Inc

Banking · score 75.0

TWIN · Twin Disc Inc

Machinery · score 74.6

Dropped out

MCBS

no longer in the top 25

OBT

no longer in the top 25

PFBC

no longer in the top 25

A name leaving the screen is sold at the next rebalance, whatever anyone thinks of it.

What the simulated books did

SELL TWIN

2026-10-16 · $24.71 · 125–153 sh · books C, E · stop

SELL VSTM

2026-10-14 · $6.70 · 277–449 sh · books C, E · stop

SELL FRD

2026-10-12 · $42.60 · 69–160 sh · books A, B, C, D, E · rebalance

SELL BSVN

2026-10-12 · $54.79 · 66–93 sh · books A, B, C, D, E · rebalance

SELL MGTX

2026-10-12 · $10.44 · 294–366 sh · books A, B, C, D, E · rebalance

SELL SEPN

2026-10-12 · $37.48 · 58–102 sh · books A, B, C, D, E · rebalance

BUY ATLC

2026-10-12 · $94.72 · 37–44 sh · books A, B, C, D, E · rebalance

BUY CLMB

2026-10-12 · $33.20 · 102–125 sh · books A, B, C, D, E · rebalance

BUY LIND

2026-10-12 · $36.46 · 85–113 sh · books A, B, C, D, E · rebalance

BUY VSTM

2026-10-12 · $8.25 · 277–449 sh · books A, B, C, D, E · rebalance

Grouped by which books acted. A name bought by all six is one entry, not six — but the share counts differ across them, and that spread is the conviction sizing at work. Two books selling while three hold is a stop firing, and is the most informative thing this simulation produces.

Stops fired so far: 4. Only books C and E use them; A, B and D hold through everything on purpose, so that the difference between them is what a stop is actually worth.