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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: bigbuk who wrote (362)2/12/2001 10:50:01 AM
From: John Powell  Read Replies (3) | Respond to of 11802
 
Also thought this post from Stockhouse is worth a look. It is in reference to the potential of SEG's direct access trading software.

The average day trader does 10 tickets a day and some scalpers do 500 tickets a day.

Just 4000 traders
@ 10 tickets a day
@ $10 profit a ticket
= $100 million/year

It doesn't take much for the numbers to add up very quickly in this game.

According to the news ....
brokerage firms have already expressed an interest in marketing this new direct access trading product to their existing client base

Anyone want to guess at how many clients SEG's current network of 23 brokerage firms have in total? I am guessing it would probably be in the 100's of thousands or maybe even millions of clients. Between all of these brokerage firms how hard will it be find just a few 1000 investors that are looking to day trade US stocks?

According to the news...
. In development for over five years, this new trading platform eliminates the need for high bandwidth Internet connections, required by the majority of direct access software providers.

Nobody in these countries have high speed connections so there are probably traders all over the world just waiting to day trade US stocks but they can't because the software is not avaiable to them. Schwab just bought Cybercorp for $500 million and they only had 2000 customers at the time. Cybercorp will NOT run on low bandwidth connections - only on high speed lines.

SEG is walking in with the software and the connections. Doesn't take much to see the value in this.



To: bigbuk who wrote (362)2/12/2001 11:16:16 AM
From: John Powell  Respond to of 11802
 
CPT - Capital Alliance Group

Here is why:

They just put out news a few minutes ago that they are spinning off one of their three subsidiaries. According to the news they are rolling it into FTUT in the US for 12.07 million shares. The listing will happen this Thursday! CPT only has only 12 million shares outstanding. They also announced last week that they are in negotiations to offer the global investment community direct trading access to major U.S. stock markets.

FTUT is currently bid/ ask $1.50 - $4.00

At $1.50 - 12.07 million (CPT's holdings) * $1.50 U.S (FTUT's price) * 1.48 (exchange) = $27 million Cdn. or $2.10/share for CPT

At $4.00 - 12.07 million (CPT's holdings) * $4.00 U.S (FTUT's price) * 1.48 (exchange) = $72 million Cdn. or $5.50/share for CPT.

However this does not taking into account the value of their other two subsidiaries. Both of these subs. have been growing revenues at greater than 50%/year for several years and both are profitable. These include::

IRIX is an Internet design and media firm with offices in US, Canada and Hong Kong.
CIBT is a leading provider of online and traditional education in Asia.

CIBT also mentioned a few months ago that they plan to list in the US and raise addition money.

It has been basing in the .70’s-.80 for several months and sure looks like it is ready for a big breakout. This listing might just be the push this one needs.