The “allow merger” for this port is set to “No”
→ so I am somewhat surprised not only at the recommendation to buy in Feb 2015 (which I did)…
→ but also at the last rebalance (today!), it would have been happily kept in the portfolio despite being delisted (I manually closed the transaction to match the delisting last week on my account and the $19/share I received in real life).
Is it a one-off quirk in the data? Or did I miss something?
When I convert the portfolio into a sim a re-run it with same starting date and initial amount, it does not select PENX. Same result as your screen…
Any chance the PIT data may have been modified somehow?
Reason for digging a bit more is this is a live portfolio with real money so I would have not come up with buying PENX out of thin air (since I never heard of that company before).
As you can see from the image, I had to manually use the add/edit feature in the port yesterday to get rid of the position.
And since I was holding PENX since 23 Feb - even if I had bought the wrong stock by mistake- it should have kicked it out every single week since as “allow merger” is set to “no” in the port
I had the same experience with PTP on March 2. With DaysFromMergerAnn=na in my screen, merger stocks are eliminated from final results, but not in this case. RNR had announced its merger with PTP last fall. I bot PTP off of my screen recommendation that day which turned out to be the last day of trading for PTP. I have received the merger proceeds with little damage, but a real misfire nonetheless.
