is currently counting beans
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Thanks Kraaken.
Looks like this paricular version of trading software was released in 2006. Anyone see anything to the contrary?
Very interesting Gbathat, I'm trying to find out when this current version of Autotrader was released?
Alas, I know exactly where you're coming from MC. Things appear to be changing for the best, however. Supporting clues for this seem to be appearing all the time, if one knows where to look.
Of course, nothing in life is certain, but that's why I enjoy "playing" high risk/high reward equities such as Spooz and 141 are.
Yup. Now put SWARM in the proper hands and who knows what it might be capable of...
I believe the prior test results obtained from SWARM were alleged by Spooz to have been falsified by former employee Groves:
SPOOZ, INC. Plaintiff, Case No.: 07 C 7265
vs.
JAMÉ GROVES, PENG HE, and LOGICBOX, LLC
Got it, thanks.
If I might, what connection/linkage have you noticed between Futurepath and Spooz? I viewed the website for Futurepath, but couldn't trace anything on there to Spooz or its various products.
Precisely milo3, what concerns me at this stage is not whether or not Spooz cut a deal with Bloomberg, but rather if the targeted audience for their collaborative product has or will accept it to be all Spooz believes it has the potential of being.
Pretty much. It looks like there is a good chance of realizing a healthy ROI though, if things pan-out with this company.
Regards,
Good evening AMA33 and board, I bought into this potential "diamond in the rough" about a month or so ago and have been watching subsequent developments rather closely. One thing seems readily apparent, at least to me, and that is someone or some ENTITY is indeed short on this stock. I've noticed plenty of days (like today) when the buy vs. sell ratio was heavily skewed toward buying activity; but the share-price remained pretty much stagnant. The aforementioned event is supported by observation in recent days of buys at the ask leading to no real delta in price/ask movement, followed by a sale or two (usually for much smaller amounts than recently purchased shares), which typically has lead to seemingly unjustifiable drops in bid prices.
I have witnessed this type of probable stock manipulation before and have wondered when "enough might be enough" for the party(s) possibly responsible for shorting a stock. In other words, when were they going to take their profit differential from having shorted the stock.
What I believe is going on here in the "pinks" though, is that relentless greed has been allowed to take hold, due to virtually no enforced regulations being instituted. Moreover, certain individuals/entities are not satisfied with "merely" taking their profits on their shorts, but rather they don't intend to ever cover their short-positions at all; by virtue of attempting to railroad easily manipulated pink sheet companies right out of business (keeping in mind that this very activity has been quiet pervasive on the big-boards as of late; especially in the financial/investment sector). In short (no pun intended), the pinks have become a cash-cow for many it seems due to: no real regulations, bogus companies that really never produce any verifiable results, dilution (which aides in making shorting/naked-shorting all the more easier), etc.
Having stated the above, I do believe however, that GRDO can be the aforementioned "diamond in the rough" I think it's going to be by keeping its o/s share-count low, avoiding fluffy PRs, eventually becoming a fully-reporting company and simply being honest with its investors - if things are going not so good say so, and if things are going good or really good - REALLY SAY SO!
Further, I feel a methodical, carefully planned and followed through-on business plan, alongside substantive (meaty) PRs will catapult this company forward and serve as the only vehicle for keeping any unrelenting shorts at bay.
Mtncabin, I asked a similar question on the 141 board last evening, and later find out that the price, I believe, is ~$28.95/month to have this service hosted on pink sheets for a company. Further still, of the dozen or so companies I looked at yesterday, none of them paid/made use of the service.
Well I'll tell you what this new development has most certainly given me cause to wonder what might be coming down the pike. I’ll be watching very closely, as I’m sure many of us will be.
Thanks, I poked around looking at other OTC equities displayed on pink sheets and noticed the handful that I examined did not display this data. Interesting...
Excuse my lack of knowledge regarding this matter, but are company's actually required to pay extra for this service utilizing pink sheets? If true, would you happen to know what the associated costs are of said service for a company(s)(SPZI also)?
With no apparent dilution currently taking place, the $$$'s necessary in order to facilitate this service have to come from somewhere...hmmmm
I called about ten minutes ago and the person who fielded my call informed me that "for the moment", her exact words "that information could not be released".
-Regards,
141 Capital News (Posted on the 141 Board):
News for 'XXIS' - (141 Capital, Inc. Commences Trading for Its Seasonal Trading Pool I)
CHICAGO, Dec 10, 2008 /PRNewswire-FirstCall via COMTEX/ -- 141 Capital, Inc.,
(Pink Sheets: XXIS) announces that it commenced trading through its 141 Seasonal
Trading Pool I, LLC ("STP1"), a pool organized under an exemption granted by
Section 4.13(a)2 of the Commodity Exchange Act. STP1 will trade futures and
options contracts listed on domestic exchanges in grains and the soy complex
(CBOT, KCBT, MGE), energy (NYMEX, ICE), softs (ICE), meats (CME), interest rates
(CBOT, CME), precious and strategic metals (CBOT, COMEX), and foreign currencies
(CME).
STP1's system is based on trading seasonal futures and options spreads. Spread
trading involves holding a long position in one future(s) or associated
option(s) contract and a short position in a related future(s) or option(s)
contract, or contract month, in order to potentially profit from an anticipated
change in the price relationship between the two. Trading spreads generally
reduces risks associated with price movements in markets, and, consequently, the
volatility of those price movements.
141 Capital intends to generate revenues from the pool through a contractual
relationship with STP1 including incentive fees of 25% of any new profits.
C ommencing the end of December 2008, 141 intends to post a monthly trading track
record for STP1 on its web site (http://www.141capital.com) and through Barclay
Hedge (http://www.barclayhedge.com). Depending upon the success of STP1, 141
Capital should achieve revenue traction sufficient to satisfy its fixed expenses
during the first quarter 2009.
"Prior to commencing live trading, the Company traded the systems in a simulated
environment for over three months. We are very excited about the results STP1
achieved during the simulation," stated Errol Stone, CEO of 141 Capital. "Since
the pool is based upon high probability spread trading and duet to prevailing
market conditions, we believe it to be a quality alternative to many traditional
investment products."
About 141 Capital, Inc.
141 Capital, Inc. is a registered Commodity Trading Advisor based in Chicago. It
utilizes electronic trading systems for trading futures and options products
listed on the world's derivatives exchanges.
Forward Looking Statements
This press release contains statements that may constitute "forward-looking
statements." These statements present management's expectations, beliefs, plans
and objectives regarding future financial performance and assumptions or
judgments concerning such performance. There are a number of factors that could
cause actual results or outcomes to differ materially from those addressed in
the forward-looking statements.
SOURCE 141 Capital, Inc.
URL: http://www.141capital.com
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
KEYWORD: Illinois
INDUSTRY KEYWORD: FIN
CPR
&nbs p; ECM
OTC
That's to be expected goleafsgo, hopefully the little brothers and sisters will see some green around here soon though(LOL)!
Has anyone heard anything further regarding when trading results might be revealed?
TIA
A strong YES for me.
At this point in time, on the surface, your concerns are valid ones Trader however, let's just see what happens by year's end. Besides, being optimistic doesn't cost one anything. Trust me I don't go into any investment, especially down here in Pinkie Land with blinders on. I generally perform whatever dd is possible, check and then double check my dd with independent research and wait to see what unfolds.
Regards,
Why I'm glad you asked (LOL)!
Remember way back, when Paul spoke of launching the company's disruptive software "under the radar", or utilizing stealth in order to circumvent the significant barriers-to-entry pervasive in Spooz's market, and/or to combat potential competitor’s attempts to derail their efforts in one fashion or another? Contrary to what some might be feeling here, I believe that Paul might, just might be moving the earth right under our feet, and we not even know it - yet.
This is merely my opinion of course.
I wonder if this relationship is still in tact:
SpoozToolz to Increase Connectivity to Over Twenty Derivatives Exchanges and 110 Brokers Worldwide Via Trading Technologies’ Exchange Gateways
- 6/11/2007
CHICAGO--(BUSINESS WIRE)--Spooz, Inc. announced today their plan to provide SpoozToolz™ customers with order routing and trade execution through exchange gateways from Trading Technologies International, Inc. (TT). Access to TT’s high-performance gateways will enable SpoozToolz customers to connect to over 20 derivatives exchanges around the world and to access the transaction and clearing services of over 110 brokers in the United States, Europe, Hong Kong, Singapore, Japan, China, Australia and Dubai.
FWIW - Kaitrade apparently is affiliated with CQG in some way, shape or form by virtue of the instructions, which are listed on its' website consistent with how to download the CQG Driver for use with Spooztools:
The CQG Driver lets you trade and get prices from your CQG terminal - after downloading the CQG Driver installer you must install this into the SpoozToolz folder (C:\Program Files\Spooz\toolkit)
Of note, CQG deployed its' Global Trading network on 11/25/08:
http://www.cqg.com/Docs/DistributedGW.pdf
(First paragraph reads...)
CQG Deploys Global Trading Network
Denver CO, November 25, 2008 - CQG, Inc. is pleased to announce a new network of hosted direct market access gateways designed to reduce electronic trading latency for its global customer base. The new infrastructure features exchange gateways in Chicago, London, Singapore, and Sydney. (hmmmm...sound familiar to anyone? IMO, of course)
141's trading systems should be making a bundle today, hopefully.:)
I've been wondering what address Kaitrade is working from. Does the entity share space with SPZI/XXIS or is it located somewhere else. If the former holds true, my opinion is that Kaitrade is merely being used as a front to quietly relay profits from the deal(s) into Spooz (a public company, but alas a pink), and possibly pay-out some “dividends” to us down the road.
That would at least grant Spooz the opportunity to pursue a buyback of shares and up-list, without the heightened burden/costs associated with a rapidly increasing pps due to increased publicity.
Just another theory though...
LMAO! I know I'm ready.
I agree whole-heartedly endub. Things are strangely quite on many fronts; for now anyway. If things have/are progressing the way we feel they can however, it seems as though this stock could erupt at anytime with news updates, trading volume, upward pps movement, dramatically heightened public awareness, etc.
Thanks songbirdia, this indeed is going more and more interesting. Although, as justly stated by MC, we should await official confirmation of our suspicions in whatever form that may take.
Regards,
Ok, time for one more specific parallel as follow-up to last evening’s conversation:
From Spooz’s 9/23 website posting:
“Spooz and Bloomberg Tradebook anticipate delivering an INTEGRATED product”
Bloomberg PR from 11/18:
“By INTEGRATING with third-party execution management and order management systems, we accommodate the risk and workflow needs of our users.”
Guilty as charged.
Tempered optimism MC, but I'm wiggling and rolling around in this chair like crazy right now (LOL)!
From the 9/23 Spooz website posting:
"The agreement between the two companies calls for delivery of the SpoozToolz core product as well as its Custom Pricing and Auto Spreader modules."
Definitions and "possible" relation to today's PR:
1) The Spooz Auto Spreader is an order–entry module created to help reduce execution risk of multiple leg transactions. (Today's Bloomberg PR: "By integrating with third-party execution management and order management systems, we accommodate the risk and workflow needs of our users.") Once the trader identified each leg of the spread to the module it will reflect the market’s “implied” price of the spread. The module can then be instructed to automatically place orders in a dynamic fashion to achieve the trader’s desired price. The Custom Pricing Module is also compatible within the Custom Spreader
2) The optional Custom Pricing Module offers a complete paradigm shift in dynamic order execution by allowing the end user the ability transform exchange traded prices into custom synthetic symbols based on any indicator or custom algorithm. (Today's Bloomberg PR: "This platform aggregates all partial executions within an order into one single trade ticket with one average price for settlement, with the client's choice of credit counterparty.") The new contract will appear in a price ladder type display that enables you to physically trade your algorithm as a real-time tradable instrument. Symbols, synthetics, and custom indicators of diverse values can be normalized into a comparable display of tradable values. This provides the trader the ability to dynamically make markets on-the-fly.
And just so long as we our hoping/attempting to work things out, out loud - I love the fact that B of A's name was plastered all over today's press release. Certainly makes one sit up a little straighter and take note once again...
Your welcome sir, and thanks to Nukuhiva for following up with more exact correlative details.
I agree, unless we have another software firm, which has rivaled Spooz's own implied software functionality and inked a deal with Bloomberg at precisely the same time interval that Spooz’s deal with Bloomberg was slated for completion, I think things may have just gotten a bit more interesting around here, IMO.
Precisely Nukuhiva.
I'll give it a shot MC. First, I need to watch the Spooztools demo again, because as I was reading today's PR from Bloomberg for some reason the demo, although outdated, was one of many things that came to mind. For me, there appears to be a strong correlation between what Bloomberg PR'd and the functionality Spooz states is inherit within its' core product; like being highly scalable/adaptable to a client's particular needs.
Spooz also stated that the product would be available to Bloomberg Professional service subscribers, and Bloomberg just released the company's new platform through Bloomberg's Professional service...coincidence probably...but I'm hoping not (LOL).
I'm still digging, however.
I have read and re-read both the web-posting issued by Spooz on 9/23 and the PR put out by Bloomberg today, and there does appear to be some similarities found between the content of each when compared side-by-side; or maybe I'm just simply being a bit overzealous at this point.
For its' part, Spooz's PR did state that the agreement between Spooz and Bloomberg called for Spooz to deliver the goods "within" sixty days though. I believe today would mark the 56th day since Spooz posted its' contract with Bloomberg.
What, no posts since 9:00AM!
Come on folks, I'm sure we can find something to talk (not argue) about.
I think we should be hearing from the company via PR's in the near term. Does anyone concur, dissent or feel neutral about this?