On Watch · found in the filings, before the headlines

What just happened to which company.

Companies have to tell the SEC when something big happens, and they do it in forms most people never read. A new owner of more than 5%. An FDA decision. A bankruptcy. A warning that the cash may not last the year. The desk reads those forms every half hour, adds what the trading crowd is suddenly talking about, and writes a short note on each name in plain English, with the filing one tap away.

Reading the filings…

Heating up

Something new and potentially good was filed: a new holder of more than 5%, an FDA decision, a contract award, a buyback. Or the crowd has suddenly started talking about a name.

New to the tape

Companies that just filed a final prospectus for their initial public offering. Tomorrow’s names start here, and so do many that never work out.

Under pressure

A warning sign was filed: a bankruptcy notice, financial statements that can no longer be relied on, a listing notice from the exchange, going-concern language, a late report, or a sale of new shares. A warning is not a verdict; the note says what each one means.

How to read this page

A filing is a fact.Every note starts with what was filed and when, and links the filing itself. Open it. The company’s own words are always better than anyone’s summary, including ours.
It is not a reason to trade.A new 5% holder is not a reason to buy and a late report is not a reason to sell short. This page tells you where to look; the chart and the plan decide whether there is a trade.
Small names move fast.Many companies here are small. They can double or halve on a filing. If you ever trade one, the desk’s rules still hold: an idea graded A, under 10% of the account, the exit set before the order.
What the crowd adds.Mentions on Reddit and Stocktwits show attention, not direction. A name with a filing and a crowd is worth reading first. A crowd with no filing is just a crowd.

On Watch is built by reading public filings on the SEC’s EDGAR system and public mention counts. Notes are written by the desk’s software from those filings; they describe what was filed and what that type of filing generally means. They are not predictions, ratings, or recommendations to buy, sell or sell short any security, and nothing here is financial advice. Filings can be amended; always read the linked document. Paper trading and education only.