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>>> Matt, Proposed Stock Selection for Index...
http://www.investorshub.com/boards/read_msg.asp?message_id=250145
In addition, a little twist could be added: perhaps a large percentage of the Index, say 80 to 90% could be determined by the cold application of pre-determined parameters, while a small portion 10 to 20% would be stocks proposed by posters, that would be outside the parameters, but which have some redeeming features...
The drawbacks are the introduction of arbitrary decisions - other than the initial determination of the parameters - and a lot more work for iHUB staff... The benefit is that it would keep posts churning and quite a few posters interested...
FG
>>> horseshoer, here is what I propose...
http://www.investorshub.com/boards/read_msg.asp?message_id=250145
Giving particulars of a stock is very useful but well beyond the scope of the Index..
Perhaps a large percentage of the Index, say 80 to 90% could be determined by the cold application of pre-determined parameters, while a small portion 10 to 20% would be stocks proposed by posters, that would be outside the parameters, but which have some redeeming features...
The drawbacks are the introduction of arbitrary decisions - other than the initial determination of the parameters - and a lot more work for iHUB staff... The benefit is that it would keep posts churning and quite a few posters interested...
FG
>>> How to select stocks for the Index....
I believe we have to set out some minimum Criteria for a stock to make the grade, for example:
+ Shells should be excluded, as they respond differently than other OTC-BB's and there already is an excellent site tracking them: http://www.shellstockreview.com
+ Minimum average Volume, for the sake of liquidity, should be at least 10 to 20,000 shares per day...
+ Minimum Market Cap should probably be over $1 million, which should elimunate most of the Shells, anyway...
+ Minimum Sales of perhaps $500,000/year would eliminate companies that don't really have a business going...
+ Minimum share price of 1 cents should also be considered...
Matt, once we agree on all the main Criteria, all you have to do is feed them into a stock Screener to see what comes out of it... We can institute tougher Criterias to produce an OTC-BB Index with 100 stocks components (OTC-100), besides a broader one encompassing approximately 10% of all OTC-BB stocks (OTC-400 to 600), assuming we can get a figure on how many there really are...
In addition, the Indexes could be dynamic as to their components and reviewed monthly, since certain companies may stop filing and become Pink, while other suddenly make the Criteria grade...
First thing is to get a complete list of OTC-BB companies from otcbb.com, apply the parameters discussed above and see how many are left standing... If there are too many, then let's evenly tighten the parameters to get the broad Index of 10% of all OTC-BB stocks and tighten even more to get the pick of the crop, the OTC-100, bearing in mind that all stock Indexes are Elitists...
FG
>>> NEW BOARD devoted to an OTC-BB Index...
http://www.investorshub.com/boards/read_msg.asp?message_id=249397
>>> Matt, NEW BOARD devoted to an OTC-BB Index...
http://www.investorshub.com/boards/board.asp?board_id=933
All Posters are invited to contribute building the Index by proposing stocks and providing Data and Arguments, as to why they should be included...
JMHO, F. Goelo + + +
>>> Matt, fine,...
You should have a Link to the complete list on the Front Page and the ability to scroll all the way down, in increments of 50 Boards, or so...
When do we see the Index Chart?...
FG
>>> Matt, on the Front Page....
New Stock Boards
Joemoney Opens His Mouth (JOEMONEY)
IH Under The Hood (tech perspective) (IHGEEK)
Ravisent Technologies (RVST)
SHELLS
Could you make this Info scrolling with a Link, to review past "New Comers"?....
FG
>>> Discussion on an OTC-BB Index...
is currently under way on this Thread:
http://www.investorshub.com/boards/board.asp?board_id=825
Please, note thread change of name and kindly join in the conversation, if you have some ideas to contribute on the subject...
FG
>>> Matt, for Data...
perhaps co-operation with the otcbb.com people might make sense, although they must be pretty Dumb and Lazy, NOT to have done anything about an Index, yet...
Good timing, too, as I feel the OTC Kettle is starting to warm up and one should be able to monitor when it reaches boiling point...
FG
>>> Matt, you described a PORTFOLIO, Not an Index...
How do you plan to work some 600 stocks into it?...
You could suggest that posters propose companies that they believe are genuine - giving supporting evidence - as potential components of the Index and that alone should boost the Daily numbers of Posts on iHUB and save a lot of research work...
This way the Index would be the product of some consensual activity, giving it more weight and appeal...
FG
>>> Matt, they confirm my Point...
"The Penny Stock Index was created due to the lack of an index out there that suitably tracks the OTCBB market. The OTCBB market does not always follow other popular stock market indicators. Because of this we wanted to create a simple indicator that penny stock investors can view see the sentiment of OTCBB investors (buying and selling trends). With the dynamically updating prices we believe this to be a valuable, much ignored tool, for penny stock investors"....
Based on my evaluation that only 10% of the companies listed on the OTC-BB are Bona Fide companies, with a reasonable chance of success, it ensues that the Ideal Index should contain about 10% of the Group, partly based on criteria described here:
..."The 25 companies included in the index were chosen from a cross section of various sectors and had to have an adequate daily trading volume, a legitimate business, etc. to make it into the index. Due to the ever changing OTCBB market we do intend to regularly review these companies and replace those that, due to extreme situations, have become poor indicators of the OTCBB market. This can happen if a trading halt has occurred, trading volume has dropped off too much, stock has been delisted, or any other such action has happened. The index will try to be as stable as possible in terms of changing companies"...
There is NO question that ANY stock Index presents an elitist view and the best of the Crop, so to be comparable to them, the OTC-BB Index should follow the same Rules, without any remorse...
First job is to determine how many companies are listed as OTC-BB's and I am getting numbers that vary between less than 4000 and more than 6000... Seems it's going to be an arduous task...
BTW, the PS in the previous post was SERIOUS!....
JMHO, F. Goelo + + +
>>> Matt, if it existed, I wouldn't be using...
the Russell 2000 to approximate an OTC-BB Index... I recently talked with Darryl Nether at OTC-BB-News and they are thinking about the same thing, too...
Let's beat them to the Punch and try to convince OTCBB.com to also use it, provided they give iHUB/FG credit for the idea, of course... I have been on their backside in the past to provide one...
That's if Bob lets iHUB deal in the "EVIL field" of OTC's at all.... ;)
JMHO, FG
PS: I'd like to change the name of this Thread to "Boats & Stocks", with F.BS as an acronym... The humor won't be lost on some...
>>> Matt, OTC-BB Index...
Let's carry on over at F. SAT...
http://www.investorshub.com/boards/read_msg.asp?message_id=247355
>>> Matt, OTC-BB Index...
It would be the OTC-BB counterpart of the S@P 500, AMEX, NASDAQ, Russell 2000 Indexes and one would have to see what criteria were used to build them...
http://finance.yahoo.com/m1?u
http://finance.yahoo.com/q?s=^GSPC&d=c&t=1y&l=on&z=b&q=l
http://finance.yahoo.com/q?s=^RUT&d=t
However, I suspect that all indexes are heavily skewed in favor of the best companies, that have the highest valuations, capitalization and volume...
Out of some 6000 OTC-BB's, I'd say the Index should comprise at least 10 to 15% of them making it the OTC-BB 600 ot OTC-BB 1000...
I suggest you review the Criteria used in the other Indexes and we'll discuss the matter further, as such Index, if widely recognized, would be iHUB's Crown Jewel and would potentially attract a lot of investors...
JMHO, F. Goelo + + +
>>> Bng, any other OTC-BB sites...
you know of and recommend?... What's the Matrix?...
FG
>>> There is great need for an OTC-BB Index,....
since this long forgotten market segment appears to be on the move again... Apparently, OTC-BB News is working on one and it'll be interesting to see what criteria they pick...
FG
>>> Bng, why one week?...
I was hoping to start making money hand over fist, as of tomorrow and the first e-mail...
What's your opinion of the company and its services?...
FG
>>> BB, Yup, that's what I am talking about...
http://www.otcbbnn.com/index.htm
In fact, I just susbscribed to their Premium Service to see what they have to say...
I am doing fine, thank you but I haven't had much time to post lately... I have become more interested in cheap NASDAQ/AMEX stocks, but having noticed that more OTC-BB's are now closing higher than lower, on average and the NASDAQ has substantially risen, it's time to check my OTC-BB sources of Info, besides this Thread, as it seems that a new trend is getting established...
BTW, you guys should keep Model Portfolios going to monitor how you're doing...
Talking about Dilution, I have been flabbergasted by the 1 for 80 Reverse Split of SCRO (SREA now), giving them now some 250,000 shares outstanding and 42,000 in the Float, quite an unworkable situation... I believe they'll be forced to forward split it very soon...
Concentration ALSO Kills...
JMHO, F. Goelo + + +
Hi Thread!... OTC BB News...
Is it a source you use frequently and, in the affirmative, what is your opinion of it?...
FG
>>> WEEKLY UPDATE FOR: January 12, 2002 by Bob Bose...
Prior Week in Review:
Financial Market Highlights:
============================
01/11/02 01/04/02 %Change
S&P 500 1,145.60 1,172.51 -2.30%
Dow Jones 9,987.53 10,250.74 -2.57%
NASD Comp 2,022.46 2,059.38 -1.79%
Russell 2000 489.94 499.30 -1.88%
SOX Index 568.89 589.89 -3.56%
Value Line 369.76 378.37 -2.28%
MS Growth 556.92 562.43 -.98%
MS Cyclical 527.86 551.56 -4.30%
T - Bill 1.59% 1.68% -9 BP
Long Bond 5.36% 5.57% -21 BP
Gold - Oz-Near Month $287.70 $279.20 +$8.50
Silver - Oz-Near Month $4.70 $4.65 +$.05
Economic News:
==============
Last Week's Economic Reports Were Quite Positive
Chairman Greenspan's Friday Speech Was Important
Best Bet Remains Recovery Underway By Spring
*Factory Orders in November fell -3.3% - Old News
*November Consumer Credit rose at +14.6% annual rate
*Jobless Claims fell -56,000 to 395,000 - Four Week
Moving Average fell -250 to 410,500
*November Wholesale Inventories fell -1.1% - Sales
Unchanged - Inventory/Sales Ratio fell to 1.30 months
*December Producer Price Index fell -.7% - Core Index -
Without Food and Energy - fell -.1%
In our view, the economic reports last week were fairly
good, even though some members of the Federal Reserve
Board (FRB) think a recovery won't start until Summer.
We're more optimistic, and believe that the important
driver of economic activity, the consumer, is still in
fairly good shape. So, no change to our view that a
recovery will be underway by Spring.
Last week's Consumer Credit Report was incredibly
strong, and in fact was a record gain in nominal terms,
not too surprising, and a six year high in percentage
terms at a +14.6% annualized growth rate. Some forecasters
are assuming that such rates can't continue (seems kind of
obvious to me), but then drawing a very negative inference
regarding future consumer spending. It isn't that simple.
The problem, of course, is that the debt per se, is not
the issue. What counts is the ability to service the debt.
Obviously more debt requires more servicing, but in the real
world everything is not held constant like an economic
model. And, in the current real world, there are some
offsets that make servicing the debt easier.
First, with the start of the year, the Bush Administration
tax cuts are kicking in to lower withholding taxes. For
instance, someone earning $20,000/year would see their take
home pay increase by $30/month. That is not an insignificant
amount given the salary level.
Second, as we have noted before, the drop in energy prices
has had the same impact as a significant tax cut. And,
while our location in Northern Vermont may make us
overly sensitive to the issue, to date winter weather
nationwide has been quite mild, so the savings on heating
costs to date are significant.
And, a third factor is simply the ongoing shift to the
use of credit cards as a preferred means of payment. We
have mentioned this before, and the data simply can not
capture the shift - whether the driving factor is simply
for benefits such as frequent flyer miles, rebates, etc...
or to purchase something online - a rapidly growing
practice this past holiday season. These balances could
all be paid in full, on time, but yet they still are
counted in the month end data.
My point is not to ignore the potential deterioration in
the consumer's balance sheet - it is real, and meaningful.
But, there are mitigating factors in my opinion. And,
while the increased debt servicing costs may dampen
an acceleration in consumer spending, in our view they
will not prevent, or delay, the recovery.
But, some members of the FRB disagree, and believe
that the recovery won't begin for six months, or so. And,
even Chairman Greenspan in his speech Friday was not
particularly upbeat about near term economic prospects.
Again, though, this misses the point for all but the very,
very short term "investor".
More importantly, Chairman Greenspan was, in my opinion,
very upbeat about the outlook for productivity growth,
which is clearly of much greater importance to the investor
than whether the recovery starts in the Spring or the Summer
- more or less irrespective of whether or not he is right
or wrong, although we obviously hope he is right.
This rather long quote from his speech is important.
"Until last year, the hypothesis of an accelerated productivity
trend had not been tested in the contracting phase of a
business cycle. Recent developments have provided that test,
and the early returns certainly look favorable to the
hypothesis." That folks, is about as clear as Chairman
Greenspan gets.
The implications are a) the FRB will be slow to raise rates
meaningfully as the economy recovers, and assuming he is
right b) inflationary pressures will not build, and
higher long term growth rates can be maintained. In short,
the return of Goldilocks - not too hot, not too cold,
but just right could be upon us, with favorable implications
for financial assets.
Obviously we've got a ways to go to get there, but if
productivity trends remain positive, the outlook is indeed
favorable. Stay tuned !
Current Weekly Calendar of Economic Data:
=========================================
Tuesday: Retail Sales
Wednesday: Consumer Price Index, Industrial Production Capacity Utilization, Business Inventories
Thursday: Jobless Claims, Housing Starts/Permits
Friday: International Trade
>>>..."can we get a better class of touts on this board"...
I also wish we could, as the Thread is sadly lacking in this regard, since Dan gave up pumping to get out of SEVU without a Loss and BigBizz is well, BigBizz...
Perhaps the more enthusiastic posters could take turns on the basis of a weekly roster...
JMHO, F. Goelo + + +
>>> Dear Claire, I responded by PM... FG
>>> Shamus, NOT good enough...
Do you actually have a written communication from the Transfer Agent, addressed to you personally and in the form of a Certificate?... For instance:
I, (name of the Transfer Agent), accepting any and all Liabilities for the accuracy of my Statement, hereby Certifies under the Penalty of Perjury, that SEVU has 60,750,409 shares outstanding.... blah...blah....
Alternatively, is the emanation from the Transfer Agent duly Certified by a SEVU Auditor?...
Transfer Agents are notoriously unreliable and biased... If you cannot produce any of the Documents referenced above, then the only reliable information concerning SEVU outstanding shares is that contained in the last Audited Report, the 10K, filed April 30, 2001...
As of April 12, 2001, the number of shares outstanding of the Registrant's Common Stock, $.001 par value, was 18,119,909.
JMHO, F. Goelo + + +
>>> Shamus, just to be sure...
... why don't you susbstantiate with, say an SEC filing, for instance, the approximately 60 million shares you claim are outstanding?...
http://biz.yahoo.com/p/s/sevu.ob.html
Yahoo says 18.5 million and the latest 10-Q Form, dated 11/14/2001, shows:
Total number of shares of Common Stock, as of September 30, 2001: 18,539,909...
So, I guess you're misleading the thread with unsubstantiated information, which is substantially Worse than just being Biased...
JMHO, F. Goelo + + +
>>> Gotin, the Pundits must be reeling...
from this Blow to their Credibility... They always seem to know by Heart all the SEC Rules and Pontificate accordingly...
I have said and now reiterate, the 33 million shares discussed earlier are earmarked for securing financing and are NOT issued to common shareholders, but held as collateral in case of loan default...
http://www.investorshub.com/boards/read_msg.asp?message_id=212452
However, you'll never get Shamus to admit he's Wrong and potentially Biased to present an incomplete share structure of SEVU on iHUB....
JMHO, F. Goelo + + +
>>> Matt, I meant to mention it before...
One of the positive by-products of your operating iHUB, is that your spelling and social skills - particularly with women - have greatly improved...
I still recall some of your earlier posts on SI - "Green Stock God" Thread - or something like that, where a couple lady posters were having great Fun at your expense...
Say Hello to Tony for me...
JMHO, F. Goelo + + +
>>> If my command of logic and grammar...
Yeah, Bob, that truly Humbles me...
I don't (want to) know how many languages you speak fluently, but as for me, I am just a WOG who left school in seventh Grade and barely "manage" some broken English...
In numerous past posts here and on SI, I recall spelling out in a very frank and open manner what I really thought about you, so there hardly is any need to add anything at this point... As a result, apart from making my utter amazement publicly known, it's unlikely that I'll have the spare energy to push it further...
All the same, the rarer your posts, the smoother this Message Board is likely to run...
JMHO, F. Goelo + + +
>>> Matt: Whoever is bashing us,...
I don't think PROVING Posts numbers over a certain period of time is Bashing... It certainly wasn't written in that spirit but rather to put a yardstick on the Boosted numbers "he" has already began Boasting about.... I'll pick other time frames to see if there were any serious discrepancies, in case posting was slow over the Holiday break...
Same thing happened last time: numbers grew from 700 to touch the 1200/1400 mark, with "his" SI Crazy Posse posting embedded donkeys and other paraphernalia all over iHUB, while you were away in Canada and the "Old Guard" reacting in Anger...
However, it quickly reverted to the old figures or thereabout, as soon as a measure of control was re-established...
JMHO, F. Goelo + + +
>>> Matt, "his" REAL Passion is...
POSTING to put other people down and look superior in the process, while favoring a known friendly Crowd from SI and bashing OTC-BB stocks and Supporters...
The only way this thing can work out, if "he" is really "banging code all night long", is the way it did on SI: NO or hardly any posting on the Message Board...
I assume Tony is no longer associated and has sold out...
Here is how I calculated the average posts over a one week period and the numbers INCLUDE all the PM's as well, that may represent as much as 50% of the total:
http://www.investorshub.com/boards/read_msg.asp?message_id=235855
http://www.investorshub.com/boards/read_msg.asp?message_id=232062
As you can see by date/time a little less than one week elapsed between these 2 posts, giving:
235,855 - 232062 = 3793 over 7 = 542 posts/day
... which compares to about 700/day, when I did regular monitoring to counter Bob's inflated claims...
JMHO, F. Goelo + + +
>>> Matt, surely, you must be KIDDING!!!....
I can't believe you brought this Unsufferable Loser back here again....
Surely, you still remember his Prejudices and Bias...
Message Boards aren't the easiest things to sell these days: trade iHUB for his Backhoe, Pick-up Truck and other assorted Toys and RUN before it collapses under the weight of his Crazy SI Posse, assorted Stock Bashing/Shorting Pals and other People Bashers...
Go back to School, make your Mum Happy...
...As for me, I am already mostly gone....
Happy New Year...
JMHO, F. Goelo + + +
BTW, iHUB currently averages about 540 posts/day over the last week, which is down, NOT up from recent past numbers...
>>> Merry X'mas to all people of GOOD WILL...
Count yourselves carefully, as the Specie must now be on the List of those threatened with Extinction...
JMHO, F. Goelo + + +
>>> If swimming is Good for Your Shape,...
...then why do the Whales look the way they do?...
>>> Poet, Proper Spelling = COURTESY...
... to the reader(s) of the post and digressing has nothing to do with mis-spelling...
However, punctuation, making characters bold, italic or capital, is how one may express a degree of Fantasy in writing, unless one's name is Dodgson/Carroll...
JMHO, F. Goelo + + +
>>> Matt, I know, that's why... FG
>>> Nothing to do with Spelling...
... I always have had my own style: I Punctuate where I pause to think and Capitalize for Emphasis...
... However, I do spend the time to read/edit my Prose after writing it, as a matter of Courtesy to the potential Reader...
JMHO, F. Goelo + + +
<<< WW, you really don't get it...
... Ask Matt to explain it to you, one of these days and work on your spelling during the Holidays....
JMHO, F. Goelo + + +
>>> Matt, are you ready too...
for an iHUB take over by the posters?... Here is the Modus Operandi, as applied to RB...
http://ragingbull.lycos.com/mboard/boards.cgi?board=SUGG&read=5630
But, don't get any ideas of heavily profiting from the concept...
JMHO, F. Goelo + + +
>>> Seahag, all the best to you...
and Family...
Merry X'mas and Happy New Year...
Give abreak to the Reds...
Regards, FG
>>> Touts and Bashers, explained.....
http://ragingbull.lycos.com/mboard/boards.cgi?board=SUGG&read=5237
Perspective...
Touters exist. They band together. They abuse the MM system as it is set up. They do not like bashers. They want the share price to go up not down.
The legal definition of a touter is very specific. Only if one is paid to promote and does not disclose it, or they trade against the buying pressure that they have created.
If they disclose it then they can legally tout! Imagine that.
If shareholders wish to be blind to the underlying realities of a stock, that is up to them. They can ignore anyone they wish.
They do not stay on a thread after a so-called "pump". The real players go on to the next one with presumably new alias's.
Bashers exist. They band together. They abuse the MM system as it is set up. They do not like touters. They want the share price to go down not up.
There may be the superhero/poster who spends all their time in an altruistic mission, but it is doubtful that they are all on this mission.
It is an easy claim hard to disprove.
If they were truly altruistic, they would not just say "believe me, I'm super smart and I'm telling you this stock sucks"
They would say "Here is how penny stock manipulation works. Here are specific ways to deal with this type of mis-information. Here are links to financial data, and I will explain my interpretation."
They DO NOT do that, which makes them suspicious to me.
If they are indeed shorters (nothing wrong with playing both sides of the market), then they are JUST AS BAD as the touters that battle it out with them.
They care, not because they want to save people (people they tend to insult), but because money is involved.
The legal definition of a basher is not very specific.
That is because all postings are considered OPINIONS by courts, and that is their out.
It doesn't mean that they don't exist. It just means that the SEC has not found away to stop them yet.
I think that they should be held to the same criteria as touts: If they trade against the selling pressure that they have created, then they should be accountable.
So, you have different groups on RB
The REAL touters
The REAL bashers
The ENTHUSIASTIC shareholder
The CONTRARY non-shareholder
And the people who get the above descriptions confused.
They think an enthusiastic shareholder is a professional tout, so they base their response on a fiction created by their own minds, and bash, to "even things out", while the real touter is on another board with the real bashers.
The real problem is that they have people buying and selling for the wrong reasons across the boards.
Not very helpful really.
I have never seen anyone come back and thank or blame a specific touter or basher.
So, all those feelings and battles and every other mis-guided rant and rave were for naught.
It's sad really.
Throw in a MM system that can be manipulated and it only adds to the confusion.
>>> DD, you sure seem to have picked...
the Low @ 19.5 cents for ADVC... Which are the best threads for OTC-BB trading, here on iHUB?...
I'll soon be able to disclose a "super-pick", still trading at a big discount to cash to friends and family by PM's and e-mails...
FG