Some companies I own are really easy to follow, they publish an annual report once a year, and I get it in the mail. I always remember to read paper copies of things, but I have a hard time searching for a digital copy of a filing. If all my holdings mailed their filings and important news to me I'd be set, I'd probably never log into my brokerage, content to read my monthly statements and mailed news.
What's even tougher (for me at least) to keep track of is quarterly conference calls. Most of the holdings I have don't hold calls, but I do own a few companies that hold calls. Beyond that there are a few companies that I don't own, but I like to know what they're up to, and it's much easier to read a transcript rather than listen to 45m of "great quarter guys".
The problem is there's no central repository for conference call transcripts. Some transcripts appear on Yahoo! Finance, but others don't. At times it's possible to dig through Seeking Alpha and find what I need, but other times I'll get lost reading a flamewar and forget why I visited Seeking Alpha in the first place.
Thankfully Saj Karsan of BarelKarsan.com has come up with a really cool solution. He wrote a site called Conferencecalltranscripts.org. The site goes out and visits a number of sites and indexes conference call transcript locations. He then stores that information and lets users search for transcripts. The site also allows users to create an account and get notified when one of the companies they're interested in has a conference call.
The notification feature is great, I'm signed up and following five companies with notifications. When things are mailed (physical) or emailed to me I take action. It's much easier to be prompted to take action rather than remember to take action at some certain interval.
Signing up is FREE, and anyone can use the site without a username or password. Even if you're just looking for a single transcript it's much easier to look at Conferencecalltranscripts.org rather than bounce between three or four sites.
Post a Comment