My name is Steve T. I am the owner, founder and CEO of MicrocapTrade. Before I begin, please note that OTC Charts is now called MicrocapTrade and can be found at http://www.microcaptrade.com/otc/index.jsp?promo=111115 The company changed it's corporate name back in February of 2004 to better reflect it's core business - real time microcap market data for serious traders-.
I would like to begin by first thanking all of you who currently use ( and at some point in time used) the MicrocapTrade system. Our long-time and loyal supporters of 3+ years now are extremely valued by us and seen as part of the "family".
Many of you have been asking some interesting questions about the MicrocapTrade platform, most notably:
WILL THERE BE LEVEL 2 QUOTES INTEGRATED INTO THE SYSTEM?
One of my main reasons in reaching out to you today is to answer YES, there will be full Level 2 Quotes in the near future. Estimated time-frame is by February/March of 2005 (possibly sooner!). Why does it take so long you might ask? For two main reasons:
1. This is very complicated technology and takes significant time to develop, debug and integrate to make sure that you have a first-rate product.
2. We are awaiting final approval from the Nasdaq Stock Market Inc. to be fully authorized to redistribute L2 quotes to individual traders. This bureaucratic process is long and takes time, however we are awaiting the final go-ahead any week now.
I want to inform you all as well that, through a partnership with AllStocks, you will be able to receive a special discounted monthly rate on your subscription. Instead of $99.95/month it will cost only $79.95/month. That is a significant savings. Stay tuned for the official beginning of this partnership very soon.
Lastly, MicrocapFeed (MicrocapTrade's application which you are all using) was built for one specific type of trader in mind: Active OTC:BB/Pinksheet stock trader involved in high frequency intraday trading. After speaking with a large majority of our active clients who fit this description, one point has been made clear: the $99/month is a "non-issue" in terms of the powerful tools they get in return. To all other once-in-a-while traders, the $99/month fee may seem a little steep and rightfully so.
Bottom Line: If you do not make at least 5 round-trip trades per week, this sytem is probably not for you.
I will be on this forum frequently to answer any questions, inform you all of new features & enhancements and to share important news about MicrocapTrade. Our telephones and email are always open to you. We look forward to hearing from you and keep the feedback coming!
posted
hey poorman he is for real........i have talked to him on the phone.......good guy
Posts: 5641 | From: Florida | Registered: Sep 2004
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If you (or anybody else) are already an existing MicrocapTrade subscriber and would like to benefit from the discounted monthly rate, simply follow these directions:
1. Send an email to service@microcaptrade.com. In the email specify that this is regarding the AllStocks discount. You must include your full name, Username and Password.
2. We will immediately modify your subscription so that from this point forward you will pay the discounted fee of 79.95/month.
For any further assistance, contact us Monday-Friday from 8:30 am to 5 pm EST on our toll free line at 866.620.1303 or via email at service@microcaptrade.com
[This message has been edited by Steve T (edited December 08, 2004).]
posted
Thanks OTC..the discount blindsided me..what a deal!!The program is great!!One of your most experienced users of OTC is not here anymore...Pls offer OTC to Dardadog for free to get him back here.LOL!(I'm kinda serious)
Posts: 148 | Registered: Aug 2004
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posted
Its great to see that the owner himself is taking the time to respond to our questions.Keep up the good work steve , lookin' forward to the level 2 quote feature!
posted
I wanted to send Steve a big thank you for the discount. I've been a member of Microbaptrade for a few months thanks to Dardadog's influence and suggestions. I was wondering Steve, if you could come up with some type of discount for referrals, for those that refer others to using your wonderful tools at Microcaptrade. I know that I've mentioned it on here before somewheres. Boys, I never even fathomed that this forum reached someone as high out of the chat chain as you. Thanks Bob, for your hardwork. It's definitely appreciated the value that you bring to all of us here on this site, and allowing us to meet in such a well formatted forum. Thanks again to both of you, and looking forward to continued use of both Allstocks, and Microcaptrade into the New Year, that is, if my darn stocks would turn around and bring me some profit. Ha Ha Ha !!!!! Take care all, Shadow.
Posts: 119 | Registered: Jul 2004
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posted
Very Cool! Thank you very much! I am pretty new with trading right now but hopefully one day I'll be using your product. Perhaps I'll try the $10 first month thing to check it out!
[This message has been edited by gbarton13 (edited December 08, 2004).]
Posts: 20 | From: United States | Registered: Dec 2004
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If you (or anybody else) are already an existing MicrocapTrade subscriber and would like to benefit from the discounted monthly rate, simply follow these directions:
1. Send an email to [b]service@microcaptrade.com. In the email specify that this is regarding the AllStocks discount. You must include your full name, Username and Password.
2. We will immediately modify your subscription so that from this point forward you will pay the discounted fee of 79.95/month.
For any further assistance, contact us Monday-Friday from 8:30 am to 5 pm EST on our toll free line at 866.620.1303 or via email at service@microcaptrade.com
[This message has been edited by Steve T (edited December 08, 2004).][/B]
****A huge red flag went up for me when I saw step 1 asking for your password???!!!!! A password should never be given out under any circumstances. If a person has your username and password they can post whatever they want on here. Just an FYI.
Posts: 51 | From: Portsmouth, NH USA | Registered: Jun 2004
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quote:Originally posted by 50DONE: ****A huge red flag went up for me when I saw step 1 asking for your password???!!!!! A password should never be given out under any circumstances. If a person has your username and password they can post whatever they want on here. Just an FYI.
Yeah, I saw that too. I am really interested in OTC Charts, and the discount really seals the deal for me but I am hesitant about the password thing. Can we get a solution to this Steve?
posted
VC the folks who sign up today need not send the email. The email needs to be sent by those who are paying 99 per month and would like to pay 79 from now on.
You know, when this company was started back in mid-2000, it was conceived on the fundamental principle of making the OTC:BB a more respectable, transparent equity marketplace. Building a much needed Market Index to gauge the collective performance of the market was an absolute necessity. I mean, how on earth could North America's main microcap equity market not have a darn Index??? (btw- our industry leading index can be found at www.otcbbtrader.com). And so the journey began. Looking back today, we have come so far and done so much more than create a much-needed Index. MicrocapTrade has singlehandedly legitimized the once "obscure" OTC:BB and Pinksheet markets by bringing Structured market infrastructure and credible, meaningful information to a segment that was in complete shambles and left for dead by it's older more mature siblings (Nasdaq, NYSE and AMEX).
NOONE EVER GAVE A DAMN ABOUT MAKING THE OTC:BB A BETTER PLACE BEFORE MICROCAPTRADE CAME ALONG.
We are here for one reason, YOU the traders. We are in existence to give you the first-class tools needed to take an educated and intelligent approach to participating in the lucrative and very important microcap markets. Because by doing that we will have fulfilled our vision of making the OTC:BB and Pinksheet microcap markets a better place for all.
Best of luck and Happy Trading.
Steve T.
[This message has been edited by Steve T (edited December 09, 2004).]
posted
Good stuff Steve T. I signed up today, and am very impressed! Thanks to Dog, Bob and others too! Very useful tools and I look forward to utilizing them and having fun! Thanks....
posted
I went ahead and called Microcaptrade today, due to not knowing anything about Microsoft net log in for their email, I keep getting that damn message and have no idea what it's about. Oh well, guess what, I actually got Steve T that answered the phone. I've got to say, he sounds like an extremely nice guy, and an articulate individual. Wonderful to see someone in charge doing grunt work with customer service, but after all, customer service is the most important part of any business. He was very pleasant to talk to and said that he'd give some thought to two suggestions that I made: 1. Getting a discount for referring a friend to their service, and 2. Trying to be able to pay for a year in advance, and or, getting a discount possibly for doing so. Now that would be cool. He seemed to take what I had to say to heart and was very pleasant. He said that he would be paying very close attention to the needs of the people that post here and respect their opinions. I was really delighted with the conversation that we had. Good luck to all, if he's half as nice and enthusiastic with the operation of his business as he was today, then they should be around for some years to come. Cya-Shadow. By the way, my discount starts in January, seeing as I've already just payed for December a few days ago, oh well, you can't beat em all.
Posts: 119 | Registered: Jul 2004
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posted
Hmmm. One of the many things a business needs to be successful is to overcome rebuttals. I have to give you one here.
What would be the difference between what I have with my brokerage company and what you have.
~ I get the streamer ~ I get pink sheet and OTC stock news & quotes ~ I can quickly hit a button and trade it ~ I get the Fundamental Data for an Individual Company ~ I get level 2's
A nice professional answer will get me to use your system for specific reasons.
MicroPulse is our proprietary montage which provides live trade opportunity discovery that may increase profitability for the active trader. MicroPulse is the “heart” of the MicrocapTrade platform and an essential component for traders seeking the ultimate edge.
Dynamic Individual Ticker display
> Every detail of critical trading activity for an individual ticker on one complete montage. - Last trade price - Inside bid/ask - Net change - % change - Day volume - # of trades - Dollar volume - High/Low for day - Open/Previous close - 52 week high/low
> Fundamental data: - Company Business description - Contact information - Share structure - Institutional ownership
Streaming News Panel
See every single OTC:BB / Pink Sheet Trading news release and other major events or announcements such as earnings, mergers, acquisitions, new partnerships, take-overs, bankruptcies & liquidations. These are the corporate news announcements and events most likely to have a substantial effect on the price/liquidity of a company's stock.
52 Week Breakout Alerts
This streaming window alerts you to all new 52 week Highs & Lows that are occurring in absolute Real-Time within the OTC:BB / Pink Sheet Trading markets.
Dynamic Stock Screener
Now you can scan the thousands of microcap/nanocap equities found on the OTC:BB & Pink Sheet Trading markets in REAL TIME - based on your own custom criteria!
Fundamental Data for Individual Company
> Company's Business Description > Management and Contact Info. > Corporate Share Structure > Institutional Ownership Info
[This message has been edited by 1BigTip (edited December 09, 2004).]
posted
i particularly like the COMPLETE list of trades for each stock on the quote montage.... if i can see ALL of the trades for the day, i have a much better idea of what's really going on...... that is actually more valuable to me than a (1 day) chart....
Posts: 36378 | From: USA | Registered: Sep 2003
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quote:Originally posted by glassman: i particularly like the COMPLETE list of trades for each stock on the quote montage.... if i can see ALL of the trades for the day, i have a much better idea of what's really going on...... that is actually more valuable to me than a (1 day) chart....
posted
i dont use the streaming filter much during trading hours....
i use the top400 set to %age gained and i watch the number of TRADES for high numbers....
(if it changes 100% and only had 2 trades? i ignore it....)
i usually try to find them BEFORE they have already gained 20% so as the gainers stack up, i scroll down so that the top one on my board is a 25-35% gainer.....
posted
calm down net.... they wanted me to supply my microcap name and password, to verify who i am to them not my allstocks password...the worst possible scenario is that micro-captrades will have some people using my ID to use their service.... thye would catch this rather quickly since i am logged in about 12 hrs a day there and it hates it when i log in twice (at once)...LOL
[This message has been edited by glassman (edited December 10, 2004).]
posted
My thoughts on needing user ID and password is to verify the account of the person asking for the discount. Afterall, you have to give your user ID and password to sign up in the first place.
Posts: 255 | Registered: Jul 2004
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