SPOOZ Inc (SPZI)

[songbirdia]

Milo, I got the tour from Scott, too. Lots of things went over my head. One thing that struck me was that you have the ability to create "synthetic" trading products - e.g. create your own ETF-like products. I was shown some sector products that had been created by Spooz.

I asked if it would be possible to use Spooz with the broker I currently use (Fidelity) and was told no - not at the launch. The two brokerages mentioned that could be used with ST were TD Ameritrade and Options Express - there were a couple more possibilites also.

It seems like this product would be very appealing to many traders, investors, money managers and the like. And according to Scott, the price is super cheap compared to products that people are currently using.