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Seems like it did, Allie, although it was not nearly that large. That's the biggest single trade I've seen for SPZI.
Sometimes, for some reason, large trades like that don't get recorded until after hours.
http://partners.microcaptrade.com/export/level2.jsp?symbol=spzi
Showing the same bid at the moment: 0.0026 (Delayed)
Allie, I'm not sure that the L2 you are quoting is accurate at the moment. (I think your source is http://new.quote.com/stocks/overview.action?s=SPZI) It has't moved for over a day now.
Check out the quote below. The bid/ask is 0.0029 v 0.0035
http://new.quote.com/stocks/overview.action?s=SPZI
Spooz Enters Strategic Partnership with ACTIV Financial Systems
Tuesday February 20, 6:30 am ET
CHICAGO--(BUSINESS WIRE)--Spooz, Inc. (OTC: SPZI - News) is pleased to announce that they have entered into an agreement with ACTIV Financial Systems, Inc. to incorporate their data feed products into SpoozToolz. The employment of ACTIV's exchange data content will enable Spooz clients to access low-latency market data directly within the SpoozToolz application. Low-latency and high-quality market data are critical features of the modern on-line retail trading tool supporting sophisticated proprietary and automated spreadsheet trading models. Utilizing ACTIV rather than writing to exchange feeds directly will reduce product development cost and mitigate overall project risks.
ADVERTISEMENT
Based in Chicago, ACTIV Financial Systems, Inc. is a privately-owned company with offices in New York City, Wheaton, IL, Singapore and Cambridge, UK. Their high performance enterprise data management platform provides real-time, streaming exchange data by taking data directly from the exchanges and combining it with supporting value-added data. The company's systems were developed from the ground up to specifically meet the performance requirements of the dramatic growth in message rates of the global capital markets and the attendant demands of today's market data consumer.
"Our partnership with ACTIV will be extremely valuable because it will allow us to derive all of the price data from one source in a fast, accurate and synchronized fashion," explains Spooz's CEO Paul Strickland. "The addition of the ACTIV feeds into our products will provide customers with an institutional quality feed at an affordable price. ACTIV is a first-rate technology company with an outstanding market data solution, and we look forward to long and prosperous partnership with them."
"We are excited to be working with Spooz, one of the fastest growing and pioneering companies in the trading tools marketplace," says Frank Piasecki, President of ACTIV Financial. "The SpoozToolz solution enables traders to build innovative trading models using real-time data. Using SpoozToolz in conjunction with ACTIV will ensure subscribers are utilizing the same high-quality decision support information as in use by much of the professional trading and exchange floor community."
SpoozToolz(TM) and its modules, the Company's flagship products, add built-in trading capabilities to the popular Microsoft® Excel software application, combining a customizable interface, streaming quotes, charts, technical analysis, a comprehensive historical database, and electronic trade execution into a simple add-in that becomes part of the Excel tool bar.
Contact:
Spooz, Inc.
Darryl Dennis, 312-379-3166
or
StockBroadcasting.com
919-827-4261
or
ACTIV Financial:
Shawn Kaplan, 212-964-2600
shawn.kaplan@activfinancial.com
IMO, you could also see this as a sign that Spooz is getting prepared for increased activity. Why, if Spooz was struggling and not expecting to do too much, would they add another executive position?
This alert may explain the high volume on the 14th.
I recieved a correction from Spooz of the O/S numbers quoted here yesterday.
"Paul is out of the office. I am the corporate treasurer and office manager, Catherine Rains. I also help assist Paul when he is out of the office. Since he is out today and Monday is a holiday, I thought I would at least address the O/S issue for you. The figure should be 1 billion, 44 million, plus. Not 440 million. I do not who got this quoted incorrectly, but that is not right"
It looks like there was a missing zero.
Thanks very much, Wing.
We know the launch of ST 2.0 is in April, and we only have 6 weeks after this one until then. I wonder what will be made public between now and the launch.
There's obviously a lot going on at company HQ and I'm hopeful that we'll see good news soon.
Hi, Wing. Thanks for your report. Can you say anything more about the new web site? Is everything to be overhauled? Or just additional content and features?
I think you are right about that, Allie. I'm sure they, like us, they know the launch is coming up.
Yes, Allie.
I'm wondering if ETRD at 0.0032 on the bid is an error because the last couple of trades have been on the bid at 0.0025.
Well, the last trade was at .0031 - the posted ask. And there are 2 MMs shown on the ask.
I'm not sure.
Theoretically, if someone is offering more than the ask, you would think the seller would take the bid right away. Conversely, why offer to pay more than the ask?
Right now, it looks like the bid is higher than the ask.
.0032 x .0031
http://www.allstocks.com/html/free_level_2_pink_sheet_stock_.html
Intersting action today. Bid is up to 0.0034 from 0.0025 at the close yesterday. UBSS has just moved from 0.0035 to 0.0095 on the ask. NITE now has the lowest ask at 0.005
Thanks very much, Wing.
At the moment it looks like the bid and ask are the same- 0.0026 x 0.0026
New MM on the ask now - ETRD
Why would SALI camp out on the ask at .20?
Spooz Appoints New Transfer Agent
Monday February 12, 6:30 am ET
CHICAGO--(BUSINESS WIRE)--Spooz, Inc. (OTCBB:SPZI - News) announced today a change in the registered transfer agent for the company. As of February 1, 2007, the transfer agent became Olde Monmouth Stock Transfer, 200 Memorial Parkway, Atlantic Highlands, NJ 07716. The Olde Monmouth phone number is (732) 872-2727.
"We believe this move to Olde Monmouth to be in the best interests of our shareholders. We have the sincerest desire to streamline shareholder transactions and to provide the best current information and service to our shareholders," stated Paul Strickland, the Spooz CEO.
Sorry - that was pre-market. Down to .0025 now.
Bid a little higher this morning - NITE @ 0.0028
It seems that the template library, and the ability to develop and sell templates is a very important component of SpoozToolz, and key to Spooz's success. Here are a few remarks from company officers.
Paul's remarks on msg# 9651:
"we also recognize that a comprehensive template will stimulate penetration and solidify market share. Its no secret that we believe the template library, together with the SpoozToolz platform, is the key to rapid growth"
Darryl Dennis from the Blog
http://www.blogger.com/comment.g?blogID=33914186&postID=116100894926652080
"To address this you must first understand what SpoozToolz is. Think basic cable. SpoozToolz is a basic platform in which traders can create trading screens, templates, hedging screens, and automated trading systems. Now as the “create my own custom trading solution” goes, this appeals to a significant number of professional, instructional, proprietary, and advanced traders. These are folks who want to convert their own trading strategies into trading solutions with their own math. We further supply this market segment with add on modules of additional functionality (at additional cost) that are specific to particular business or trading needs. Think premium channels. Examples would be the “Extended Options Module” for active/professional options traders and the “Fund Administrator Module” for hedge fund managers. This enables us to supply a large scope of professional trading needs with specific solutions"
In post #6276, Paul said: "There is a reason we have not published lots of templates as of this time. Our competition does not yet see what we see, so why tip our hand? "
Thanks, endub for sharing.
Nukuhiva, Paul's email is pstrickland@spooz.com
Agreed, Wing.
IMO, Spooz is in an excellent position in the current technological environment. If ST 2.0 is as good as we are led to believe, and Microsoft is made aware of it, they may be a potential partner for Spooz, or a buyout candidate.
If Excel is such a standard in the financial markets world, and if SpoozToolz would add value to their product, it is conceivable that they would like to have ST bundled with Excel to maintain a competitive advantage.
Completely speculative comments here, all JMO - but something could make sense down the road.
IMO, I don't think we should be too surprised about the increase in O/S. I think we got a clue that something like this would happen this in the Stock Report released last August:
http://www.spooz.com/pdf/SPZIreport_080406.pdf
In the section "Bulls Say" it reads
"With effective implementation of its market plan, Spooz may likely enjoy explosive growth. Currently, SPZI has a market cap of just over $5 million. If SPZI gains 100,000 users of SpoozToolz by 2008, that could equal approx. $8-10 million gross per month. At 5x multiples (price to sales) and with factoring in an estimated double the current # of shares outstanding (to allow for fundraising), SPZI could still trade at $.75 per share"
I realize this is the rosy scenario, but I think it was always part of the plan that the O/S would increase significantly. I don't think Spooz expected that the pps would slide to the current levels, but they were always going to have to raise funds for the launch of 2.0. I'm sure we all hope that the advertising campaign will be a high quality one - and that will cost something.
Still long and hoping for the best
Thanks, for posting this, Allie.
Thanks, Endub.
It looks like some of these categories are pretty new - I don't remember seeing this much detail before now.
Thanks, Wing. The complexities of the global market are hard for me to get my mind around ... If I am thinking right then, if you are in China, and you want to trade with ST, you will have to find a brokerage that supports it. That brokerage, however, may not have to be a chinese-based brokerage - it could be one of with a worldwide presence that is available to customers in China (and one that has a reltionship with Spooz). I don't know if there are any U.S. based brokerages operating in China.
A couple of questions:
If a trader in say, China, wanted to trade in their own country using SpoozToolz, would they have to use a brokerage in their own country that had an agreement with Spooz to use the service?
Do large US based brokerage houses have customers overseas who use them as their brokers to trade in their own country's Markets?
I'm just trying to imagine how Spooz would go about trying to market ST in other countries.
Would Spooz offices in India and China be needed to try and get brokers in those countries to offer or allow users to use SpoozToolz?
TIA for any thoughts.
GM, Allie. In the last few days UBSS has started out on the bid at 0.0055 and later have moved below NITE to 0.0025 or so. I'll keep watching to see if they make that move today.
Looks like we are at a temporary stalemate with very few sellers or buyers.
I saw that too, I think the bid has to be a typo. Perhaps it really is 0.0022. That would make sense to me.
Good find, Wildman.
Thanks very much!
I think this would be a good site for Spooz to place advertising.
Allie, if you are interested in information related to the industry Spooz is working in, you might want to have a look at this website (if you are not already familiar with it).
Wall Street and Technology
http://www.wstonline.com/
Lots of articles and information on the use of technology in the trading environment - it seems to be mainly directed towards professionals working in the industry, not retail traders.
Songbird
Thanks for posting this, Allie
IMO, this is another indication that CMC is a respected and reputable company. A good company for Spooz to be working with.
Thanks for sharing this, Wing.
FWIW,
I have been doing some searching to see what people might be saying about SpoozToolz.
Here is a discussion thread where ST is mentioned
http://www.themoneyforum.com/archive/topic.php/t-384416.html
The question is asked:
I am looking for good swing trading software that can export the detected levels to excel (tops and bottoms, retracement levels). Of course a set of formulas to calculate them myself in excel is even better.
Anybody heard of this software: Swing Trading System (For Excel). Any experience?
Are there any experienced swing treders that can help me?
The answer is:
The best trading system platform I have found is SpoozToolz. It is Excel ad-in software with a quality datafeed. You dont have to export any thing to excel beacause it is Excel with tech analysis, chartingtools, historical data everything you need. If you build your own swing trading system in SpoozToolz/excel you will know how it works and not be trusting someone elses math. www.spooztoolz.com has a forum where you can talk with professional traders about building templates
and systems in SpoozToolz.
A professional trader frind of mine at the CBOT uses this for all his options studies and systems and says it does things the $3000 per month platforms cant do. Ahy how they have a free trial at spooztoolz.com
BillTex
Allie,
I was doing a little searching and found this page about Spooz on The Investor Relation Company's web site.
I don't know how new it is, but I don't think I have seen it before.
http://www.tirc.com/invest/SPZI/index.htm
Best wishes,
Songbirdia
Wing, I see the ask is 0.035 and you can't get filled at 0.004?
Strange.