Shown thirty-six times, pitched never

An audit of a clean week found the discovery pool doing something faintly comic. The slots that show trending names to the analysts were occupied, day after day, by the largest and most talked-about companies on the market. One name was shown twenty-two times in a week and pitched zero times. Another managed thirty-six shows and zero pitches.

Meanwhile every one of the week's discovery misses, the names that moved more than 10% and were never considered at all, had never been shown once. One of them was running at eighty-eight mentions for the week.

The mechanism is obvious once you see it. The slots rank by chatter volume, and chatter volume is dominated by the same handful of mega-caps every single day. They win the ranking, they occupy the slots, the analysts ignore them because there is nothing new to say about them, and the ranking does not care that they were ignored.

So a name shown three times in one day without producing a pitch now yields its slot to whatever is next in the queue. It is a small change and it does not fix discovery. It just stops the same names buying the same seats forever.

Whether it helps is a question for a Saturday with data, not for today.