From an earlier post of mine:
I bought into Spooz last year and got out when they diluted their stock for money flow. They do have an excellent software program as an add-on to Excel and an agreement with ACTIV Financial Systems. But, they are not as well run, not ready for public performance, and I believe are getting bad advice from someone. Their software is patented as is Ifinix. There is room for more platforms that work (Key here is "work")in the financial arena as there is room for Ifinix. Online trading has become big business and is growing every year and the software industry is filling this vacuum. First into this competetion with an extremely good program will outmarket the others. Ifinix is going to offer their software less expensive that the others out on the market and less expensive than Spooz. I believe that Ifinix is aware of them and any others out there. As more software enters this market the price for trading, screening, and charting software becomes more competetitive, the price will come down even more. Partnerships with the brokerages as an offering to the online traders will determine the sucess of this or any product in this field. (unless it will stand by it self as superior in every way)
There are many that subscribe to more than one L2 and other trading software-Med Quote Tracker etc. to help in analyzing stock. Ifinix seems to have a good product, ready to enter the market, good management, and a working plan to which they are adhearing. Spooz is good, but not ready and is probably six months to a year or more behind Ifinix and maybe farther upgrading to the OTC. Ifinix is good and ready for the very near future.
As many of us here, we are waiting to see the discount for shareholders. I have used the demo and it is pretty good, but would like the full blown working package. How about you?
Long and holding
mo
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