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Ready to get serious with trading? Learning to read SEC filings takes the guesswork out of picking stocks and helps you make calculated decisions about which shares to buy. This is especially important if you are interested in tech where startups abound, and you need to decide which one is worth your dollar.
My Investing Club teaches traders how to use SEC filings such as the 10-K and 10-Q to determine whether or not to invest in a company.
Click on https://myinvestingclub.com to learn this essential skill today!
Making stock picks based on actual data is the best way to ensure that the choices will pay off, but many traders are intimidated by the sheer volume of data they have to go through to make the right decisions.
At My Investing Club, you are taught how to speed read through SEC filings. By being aware of where to look and what to take note of, you can use the data to make stock picks without spending countless hours going over the filings.
Six SEC filings are most useful for you: 10-K, 10-Q, DEF-14A, 8K, 13D, and 13F. The 10-K (annual report) and the 10-Q (final quarter report) can be considered general reports of the company’s finances. This gives you an overall idea of how the company is doing, what challenges it has encountered, and how stable its financial structure is.
The DEF-14A and 8K reports give you a more in-depth look at the company because these reports are related to the shareholders and executives. It gives you an idea of how the company compensates its top management and investors. If their bonuses are tied to revenue growth, that might create a strong incentive to keep the company from making too much to avoid paying unnecessary bonuses.
Lastly, the 13D and 13F reports indicate the stability of the board of investors. These reports are filed for investors who own at least 5% of the company’s shares or have invested a minimum of $100 million. This is important because if influential shareholders start to throw their weight around, it can easily destabilize the company’s revenue.
Did you know that it doesn't take hours of reading to finish analyzing one report? With the right information and training, you will be blitzing through these reports and making profitable stock picks in no time.
Signing up for membership allows you to learn this essential skill without paying thousands of dollars in consulting fees. You also have access to thousands of hours of exclusive video content and a daily trading blueprint at no additional cost.
Sign up today at https://myinvestingclub.com