is currently counting beans
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Or accumulating shares some are willing to let go at .0001?
I found the following authoritative article related to the utilization of Microsoft Excel in Trading System Development/Usage to be quite interesting:
http://arxiv.org/ftp/arxiv/papers/0803/0803.0162.pdf
News is Out:
PRESS RELEASE
141 Capital, Inc. Issued New Symbol
Last update: 8:31 a.m. EST Jan. 27, 2009
CHICAGO, Jan 27, 2009 (GlobeNewswire via COMTEX) -- 141 Capital, Inc. (formerly Pink Sheets:XXIS) is pleased to announce that as of January 21, 2009, the Company received authority to trade its stock under the symbol "OFON" (Pink Sheets:OFON) and therefore utilize its corporate name for trading purposes. The Company commenced trading on January 22, 2009 under the new symbol OFON. The Company's CUSIP number has been changed to 682347-109.
This month 141 Capital commenced trading its 141 Seasonal Trading Pool I, LLC ("STP1"), a pool organized under an exemption granted under the Commodity Exchange Act. STP1 trades 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). Results will be posted at barclayhedge.com and on its website in early February.
"We are confident about the overall strategy of our company and look forward to a successful 2009. The pool is based upon high probability spread trading. Due to prevailing market conditions: we believe it to be a quality alternative to many traditional investment products," stated Errol Stone, CEO of 141 Capital, Inc.
About 141 Capital, Inc.:
141 Capital, Inc., is a publicly traded company based in Chicago. It utilizes trading systems for trading financial products listed on the world's derivatives exchanges, including foreign exchange futures and options, equity index futures and options worldwide, energy futures and options, grain futures and options and fixed income futures and options.
Forward Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of Forward-Looking Statements: This news release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: 141 Capital, Inc.
141 Capital, Inc.
Investor Relations
1-866-THE APPL(E)
www.141capital.com
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
Same to you Gbathat et al!
Hey, my gut tells me the same thing, but what I would so love to see is official confirmation(s) begin to roll-out.
NP, I also remember Spooz stating their products could be utilized/adapted under different scenarios to suit the particular needs of a client.
Say, didn't Spooz also develop a Dashboard function for Spooztools Pro:
(Not certain if the respective functionalities are the same though)
Bloomberg Unveils New Tools for the FX Market
January 12, 2009
- Bloomberg FX Dashboard Provides First-Ever Customization for FX Traders
NEW YORK, January 12 /PRNewswire/ -- Bloomberg has launched FX Dashboard, a new pre-trade function that for the first time gives foreign exchange traders access to a broad range of analytics, data and news seamlessly integrated with trading capabilities. Now, market participants who are enabled for commission-free FX trading on the BLOOMBERG PROFESSIONAL(R) service can click on the FX Dashboard to initiate a trade on a given currency pair or forward tenor. The new function is accessible on the BLOOMBERG PROFESSIONAL service via the function XDSH < GO >.
"FX Dashboard marks the next generation of capabilities for FX trading and analysis. This new function provides highly detailed and customized views until now unavailable in the marketplace," said Philip Brittan of Bloomberg. "FX Dashboard allows users to select, build and monitor custom views of the FX markets using real-time prices, technical indicators, price action analysis, high/low analysis, implied and realized volatility matrices, standard deviation cones and a host of other metrics."
Users can select from a large range of predefined views or build their own proprietary views from Bloomberg's robust offerings of FX market data including spot, forwards, implied volatilities, realized volatilities, risk reversals, realized skew, butterflies, realized kurtosis and GARCH volatility across a comprehensive universe of currency pairs.
In addition to being able to retrieve and monitor important fields such as change on day, moving averages, and high and lows, users can form custom measures including spreads, sums, ratios and any ad-hoc equation using potentially multiple inputs. These new measures can be imbedded into additional new measures.
"FX Dashboard gives traders unparalleled flexibility and access to the most important information they need to monitor and assess the foreign exchange markets," Brittan said. "Bloomberg users will benefit from the ability to focus on the information they deem most important in a function that allows them to build their analysis, monitor it and click and trade."
from Spooz:
Spooz Launches Strategy Control Dashboard for SpoozToolz(TM)
Wed May 14, 2008 8:00am EDT Email | Print | Share| Reprints | Single Page[-] Text [+]
CHICAGO--(Business Wire)--
Spooz, Inc. (OTC: SPZI) announces the release of powerful new
strategy control features for SpoozToolz that empower brokers and
traders to run, monitor and manage multiple automated trading
strategies simultaneously:
-- Rapid development, deployment and production of algorithmic
trading strategies;
-- Connectivity to exchanges, brokers, data, and third party
applications; and,
-- Control of multiple strategies and their associated risk and
profit targets.
SpoozToolz utilizes Microsoft(R) Excel(R) as the Graphical User
Interface (GUI) because it is the global standard for financial
analysis and trading decision support. There are 440 million
installations of Excel globally and it is supported in more than 50
languages. SpoozToolz adds toolbar functions to Excel that enable the
trader to quickly and easily create quote and click oriented trading
screens, algorithmic and "black-box" systems. SpoozToolz enables the
trader to bring concept to production in hours instead of weeks or
months. Add-on modules provide specialized functionality in the form
of SpoozChartz(TM), Spooz AutoSpreader(TM), and Spooz CPM(TM) (Custom
Pricing Module).
Connectivity to market data and execution through broker are
accomplished via the ToolzKit(TM). The ToolzKit renders the SpoozToolz
middleware highly extensible by enabling the trader with the ability
to create adapters to connect to an Excel enabled execution, order and
position management. A test application GUI is included to aid the
trader in connecting applications to SpoozToolz or connecting
SpoozToolz to a wide selection of vendor price feeds, broker feeds or
execution gateways. C# scripting capability is available in the
ToolzKit for low latency strategies and systems. AlgoServer(TM) will
eventually provide the trader with the ability to co-locate low
latency solutions closer to exchanges for low- latency execution.
The Control Dashboard addition rounds out the platform's robust
functionality by giving the trader the ability to rapidly deploy
strategies and manage multiple automated trading strategies
simultaneously. Although Strategies may be developed in Excel, the low
latency execution of orders is performed in the SpoozToolz C#
middleware. The Control Dashboard displays activity, position, fills,
and status of each running strategy as well as customizable risk and
profit algorithms.
Due to the virtually unlimited flexibility of SpoozToolz the
market scope is tremendous. Any exchange listed financial instrument
can be traded; including stocks, futures, options, ETFs, Forex, cross
asset class spreads, and uniquely customizable, and tradable synthetic
instruments.
With the addition of the Control Dashboard, SpoozToolz befits
hedge funds, brokerages, proprietary trading firms, as well as the
independent trader because it empowers buy and sell side market
participants to create and trade custom synthetic instruments.
SpoozToolz is currently being deployed to brokers and proprietary
trading firms in the Chicago area. Distribution to independent traders
will begin later this year.
Now try not to be too blown-over with excitement (LOL)!
It was just an observation.
-Regards,
I was thinking about that mtncabin, if the new address is indeed located within the financial district of Chicago, monthly rent (fixed cost) and other variable costs such as HVAC, water/sewer and possible fuel costs could be fairly substantial.
Maybe revenues are coming in for Kaitrade from one source or another, because after all the company has to pay the rent. Also, before any space is leased to a particular party, a credit check is generally performed to assist in providing assurance that said rent can be paid over the term of the lease, which can possibly extend to one, three, five... years etc.
Interesting...
The Kaitrade website has been updated with news and information concerning that company's new address.
I'm willing to bet that there are a quite a few sets of eyes watching though Nicehit:)
Well, if what you say holds true in this case, then GRDO must have some (IMO) very-meaty news event(s) to spring-forth; seeing as how the T/A has been gagged at this point-in-time - in between PR's one might say.
I see, to control potential leaks of any kind from originating from the T/A et al.
If no change to the share structure, then what other possibilities/reasons might exist for gagging the T/A?
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.:)