The upgrade is due to Alloy Steel’s Relative Timing moving into positive territory as a result of its recent price action. As I’ve mentioned before, I’ve found VectorVest’s Relative Timing indicator to be more reactive than predictive, so I wouldn’t get too excited about this, but I thought it was worth mentioning. Below are the [...]

You may have noticed a new widget on the side bar of the blog: a market neutral trade notification list. I’ve been reviewing the market neutral trades I entered this year (some of which I’ve recapped below recently), learning from my mistakes, and making notes to refine my technique. In a secular bear market, market [...]

Via Audit Integrity, Inc.:
Alloy Steel International Inc (OTC:AYSI)
Conservative (88)

Alloy Steel International Inc is currently rated as having Conservative Accounting & Governance Risk (AGR). This places them in the 88th percentile among all companies, indicating higher accounting and governance risk than 12% of companies.
I wonder how having unaudited quarterly financials will affect the [...]

As I noted in the comments of a previous post, I spoke to Alloy Steel’s CFO Barry Woodhouse briefly last week. The main reason I called him was to see if he and CEO Gene Kostecki would be willing to answer a few shareholder questions in light of their press release. He said he’d ask [...]

2.21.2010 Update: The CEO of the OTC Markets Group offered his perspective on the value of OTCQX on Fred Wilson’s blog over the weekend.
Ten years ago, every stock that was quoted on the electronic quotations system then called The Pink Sheets (i.e., any stock traded under a symbol with a “.PK’ extension), and run [...]

Last spring, out of curiosity, I asked VectorVest to add Alloy Steel International to its database. Below is VectorVest’s current analysis of AYSI, preceded by a few comments of mine.
The VectorVest system combines a weighted average of three metrics: relative value (RV), relative safety (RS), and relative timing (RT). It overweights timing (i.e., price [...]

After the close Monday, Alloy Steel International announced its “…voluntary filing of Form 15 to suspend SEC reporting obligations”. The company noted in its press release that it will continue to file audited annual reports and will post unaudited quarterly reports on its website in lieu of filing 10-Qs, and that it anticipates its shares [...]