Do you like gambling?

I occasionally sift through the dregs of the Canadian exchanges for treasures. Most of the time I turn up jack squat.

Someone who knows about turning up jack squat.

Today I stumbled upon Senvest Capital (TSX:SEC), which is among the oddest public issues I've ever seen. It's a holding company. From their Q3 2018 filing:

"Some of the largest holdings as at September 30, 2018 were, Paramount Resources (POU), Tower Semiconductors (TSEM), Mellanox Technologies (MLNX), Radware (RDWR), and TrueCar (TRUE)."

That's a great start. A lil energy, mostly tech. But that's as specific as the disclosures get. Yep, if you invest in Senvest you're basically tossing your money in a black box and hoping for a good quarter. This is at once ridiculous and sort of interesting. I appreciate a good troll job and tip my cap to this one.

SEC doesn't attempt to track any indexes but most of its investments are in the U.S., so the S&P 500 might be a reasonable-ish yardstick. SEC is about 30 percent below the index this year.

You could gamble on worse things. A sheet of scratch tickets or three hours at a blackjack table.

I'm surprised that SEC's lack of disclosure is even legal. The more you know, I guess.