Actually, it is. From the start, (and even until now) jmutch didn't disclose important stats that would help dumbasses newbs figure out what is worth what. For example, he refused to include NAV changes of the fund in his weekly reports because the fund was performing horribly, which hid the true state of the fund and made it very difficult to measure its value. He also showcased the fund as making "profit" when in fact it had made enormous losses in NAV, via highly misleading reporting methods, and the way he presented that in those weekly reports was very (and purposely) dishonest. So most newbs had no idea that the fund was a trainwreck.