By paying a subscription rate, the customer receives reports containing, for instance, buy and sell signals, triggered buy and sell signals, canceled buy and sell signals, and expected earnings announcement dates.
The trading model takes no fundamental information into consideration. Fundamental information would include, for instance, income statement data such as earnings, balance sheet data such as book value of assets and liabilities, and cash flow statement data such as cash flows from operating activities.
The basic methodology used for the secondary action track is called technical analysis, in contrast to the fundamental analysis that applies fundamental information. Technical analysis studies past financial market data and identifies nonrandom price patterns to forecast price trends.
Thus, the technically based program of the IPOfn corporation only requires price activities of the considered stocks and attempts to identify short-term trends. IPO Financial Network also offers daily faxed reports for initial public offerings referred to as IPO action track.
|Secondary Action Track|