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Thanks!
Hi, Lurker,
Why do you love the churn?
TIA
Thanks very much for this, Allie! em
Just took a look over on the RB board and found this message interesting:
By: lostonearth
21 Jul 2007, 01:53 PM EDT
Msg. 6995 of 7001
(This msg. is a reply to 6983 by iranianenrichedfuel.)
Jump to msg. #
Hey Iran,
I am a trader. I have been to spooz about 6 times to see a demo. Each time we concentrated on a different feature. Each demo took about 1.5 to 2 hours. Every question I asked was painstakingly answered.
As far as swarm trading results are concerned, they are simply astounding. Let me repeat that, it is SIMPLY ASTOUNDING. I trade futures and options for a living. Over 25 years at the CBOT, CME, and CBOE. I have traded yield curve, gold, oil, stocks, bonds, notes, munis, s and p, nasd, grains, sugar, just about anything that trades and moves. I know of NO ONE who can claim a 94% win rate, EVER.
Good luck with your shorts.
That used to happen to SPZI when dilution was going on. Things seem to have changed :)
That's good to hear, Wing.
Spooz started out in Texas - maybe old contacts have been following the progress.
Hi, all
Has anyone here been talking about Spooz on Yahoo stock message boards? I noticed there has been a bit of chatter there the last few days. Some people asking questions, making comments, etc.
Anyone feel like helping out there? (Yahoo boards can get a bit rough compared to our civil discourse!)
Thanks, True, This is what I was trying to say - only you said it better!
Remember that yesterday's PR said that the results were based on trading only two spreads in the energy complex.
IMO, it is possible that the results may not be scalable - meaning there might come a point where as you increase the volumes you are trading, that you cannot project the same results as when you are trading relatively small amounts.
Hope this makes sense.
Paul said today in his email to Allie that it was a "slow" trading day - only 12 trades were executed. I imagine they will only trade when certain opportunities arise, and that might vary because of market conditions.
Hi, True
They did say that commissions and fees were not factored in to the averages they reported.
So that final percentage would come down some - but still an impressive result.
Hi, Gmenfan
Also, note that in the PR they state:
"While Spooz does not offer direct public participation in proprietary SWARM trading, it is our goal to teach traders how to utilize SpoozToolz to create sophisticated models based upon modern trading methodologies,"
To me that says they are not going to share the SWARM system -only they will use the proprietary system. Other traders will have to construct their own systems using ST technology.
I don't know why, but the number $25k sticks in my mind.
Just 3,000 shares.
FYI, If we're trying to figure out the float, here is some information that can help a bit.
The latest disclosure statement (Dec 2006) gives information about how many shares each officer holds.
Paul Strickland: 304,696,351
Errol Stone: 53,500,059
Darryl Dennis: 45,255,759
Tony Hines: 31,329,030
Catherine Raines: 46,671,360
http://www.pinksheets.com/pdfservlet?id=10202
These are listed as restricted common shares - I understand they cannot be sold for quite some time.
From what has been reported here it sounds
like there a lot of retail investors holding significant blocks which are going to be held for quite a while.
Some reasons: the price might not dip at all - and you may have to buy back at a higher price.
If it does dip, it may not go down far enough the trade to make sense - you have to pay commissions on the sale and the buy. You also have to consider capital gains tax implications.
Hi, Bucks,
From all I have learned,it seems the product has been demo'd to a lot of professionals who have been very impressed. Paul said that SpoozToolz is the easiest sell on the planet - especially to professionals who see what an advantage ST can give them.(see email to Wing yesterday)
So the software is ready, it works and has been pitched to the first target group - professional futures and options traders, but it doesn't sound like they are using ST on their own yet.
I guess you could say the launch is in process with the activities that are going on - but it won't be complete until it's working in the hands of the customers.
All my conjecture.
Interesting thoughts, endub.
Thinking about it, we all know there will be a launch at some time and so the announcement of a launch in and of itself is probably not enough to make a big splash. I guess some people who haven't been following the story might be interested that a new product is out there, but I think news that will move the pps to a higher level will have to include more than just an announcement that the product has been released.
Significant news, imo, will include information about customers, subscriptions, partnerships and anything else that will give an indication of revenues and the long-term growth prospects of the company.
Good to see the moves up in .0005 increments.
Volume already better than either Thursday's or Friday's
I agree, Martingale. Subscriptions (aka revenues) are what will determine where the pps goes. I think people are excited because we have reason to believe that subscriptions will be strong.
I understand a cautious outlook when it comes to penny stocks - but the research I have done on this company makes me feel comfortable with my investment - and hopeful for a good return on it. Of course there are no guarantees with any stock - risk is always involved.
Thanks, Verylong. I see where the 1% came from now.
I am guessing that the market share could be quite a lot larger than 1% among the professionals. If you have a superior product at cheaper price than what is currently being used, you are likely a significant number of traders people switching platforms.
From the sound of what people are saying on the board, it is very possible that the rally could continue without news on Monday, as there seems to be a lot of excitement about the stock now. If the price were to dip, it sounds like cheaper shares could be picked up in a hurry.
Talk about excitement - how many of us are here on a Saturday afternoon!
Hi, Verylong
When you say 1% of market share, which market are you referring to? - All people who trade electronically - or professional traders. If the product is a good as we are hearing about from Spooz, Fedfundz and others who have tested it, I would expect the market share among professional traders could be quite substantial before too long. Also - are we talking about U.S. market share, or global.
Thanks for your post - and your calculations.
Best wishes,
Songbird
Yes, cwoody, I think that things could get very interesting once we start learning about who is lined up to start subscribing after the launch.
This latest spike has been different from other recent surges in pps which have come after PRs. They have usually dropped off very quckly as dilution continued.
There seems to be no dilution left and the spike has held so far. I believe there are a lot of long-term holders with substantial positions who will continue to hold for quite a while. This should help maintain (and hopefully increase) the gains.
It seemed like the latest run started just after we heard Fedfundz's report on the reaction of seasoned traders to demos given at the Spooz office. It looks like the buzz is spreading. We have new posters and boardmarks are increasing.
Apple has done well, Wing, but the lowest price (split adjusted) was about $1.84 in August 1985. At $134 today, that's an increase of 7,182% - a lot less than WMT.
Don't know if this is a record - but in Dec 1974, Wal Mart traded at 0.017, and its highest price was about 62.00 in Jan 2000 - That's a 364,605% increase. (These are not actual prices at the time - they are split adjusted prices based on the current price - 48.8 today. Wal Mart has had 11 splits since they have been a public company)
Maybe someone can find a stock that beats WMT.
Strong upwards movement on light volume.
From today's PR:
"After four years in development, Spooz is preparing to launch its flag-ship financial software SpoozToolz to a growing list of waiting customers"
It sounds to me that Spooz does not have just potential customers - but that there are people who have learned about the product and like it enough to be waiting to subscribe. A "growing list" indicates that there is an increasing amount of interest.
Just my interpretation.
I think Trading Technology is the gateway that provides access to all these brokerages. My understanding is that TT is not an actual brokerage, but provides connectivity to brokerages. If I'm wrong, someeone please correct me.
How kind of you to say so.
For the most part, this board is a very friendly and helpful place to visit and learn. I hope it stays this way.
Thanks for setting the tone, Allie.
Sorry - not sure how I double posted.
Well said, Allie.
If we've waited a long time for the ST 2.0 launch, I guess we can wait a bit longer to allow Spooz to get everything in order.
Thanks very much for providing this information, Allie.
No, Wing, I haven't contacted the company for a while either. I see it as a waiting game now. I don't expect much to be divulged until we see PRs.
Although we would all like to see launch news, it is much more important that all is in place before the release.
Hi, Wing
What do you think will be happening Monday?
Best,
Songbird.
Hi, everyone. I have been on vacation without internet access - just been checking the latest. Seems like I haven't missed too much. Will continue to be patient - seems that is what is needed here - however it does seem that things are heading in a positive direction.
Best to you all.
Songbird
Have to agree, Milo. This board is by far the best place to find info on Spooz - thanks largely to the openness of the company in communicating with investors here.
You may have to go back a while through older posts to get a more complete picture (to the extent that it has been revealed, but there's lots of interesting reading.
FWIW, I just noticed at the end of the PR the name of IR Complete as an investor relations contact. Can't a web site for them (only a phone number is provided in the PR), but they are out of North Carolina.
Stock Broadcasting is still featuring Spooz on their web site. Paul as said in the past that they use multiple IR firms.
I seem to remember from a brief demo I saw that some of the headers in SpoozToolz are "fundamental" headers. There were many different headers in the fundamental categories but don't remember exactly what they were.
I asked whether the software would do stock screening and they said at present it wouldn't but this was something they were planning on developing. Apparently the stock version of SpoozToolz will be released later on in the year - Futures/Options/Forex will come first.
Checking in from vacation - nice to see this news.