club_cafe: Valuation Update

iras1 on

I can't answer for bivio, but when I last checked into closing price services several years ago, they usually updated sometime between 8 and 11 pm Eastern time. The process isn't as simple as it might seem for the data services to clean their data and exclude erroneous trade data. While bivio may only be purchasing the closing prices (and I don't know what they are or are not purchasing), the data provider is providing a complete data service to other customers. They call the shots on data release timing, not bivio.

When you see the closing price earlier than that on sites such as Yahoo, etc., you are seeing the unofficial closing price until the official data are released. These prices are subject to change without notice.

Ira Smilovitz

In a message dated 01/14/08 8:05:32 P.M. Eastern Standard Time, vics@bivio.com writes:

When does Bivio update the Valuation statement to reflect a
day's closing stock prices? It is now 8:00 p.m., EST on
Monday and the stock prices on the Bivio club website have
not been updated since last Friday.

Start the year off right. Easy ways to stay in shape in the new year.

Rob Nagler on

On 1/14/08, Ira wrote:
> When you see the closing price earlier than that on sites such as Yahoo,
> etc., you are seeing the unofficial closing price until the official data
> are released. These prices are subject to change without notice.

Thanks for the excellent summary, Ira. In addition, prices sometimes
change the next day. We get corrections from CSI, and we apply them,
which includes a complete audit of your books.

Cheers,
Rob

Bob and Candi Hooper on

Cheers, Rob!

Thank you for providing information regarding the CSI corrections, but I
don't think Victor's question was answered: "When does Bivio update the
Valuation statement to reflect a day's closing stock prices? It is now 8:00
p.m., EST on Monday and the stock prices on the Bivio club website have not
been updated since last Friday."
How does the daily update happen at bivio?

Thanks, Rob!

Bob Hooper, Treasurer,
New Pueblo Investment Club
Tucson, AZ

----- Original Message -----
From: "Rob Nagler" <nagler@bivio.biz>
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Monday, January 14, 2008 7:46 PM
Subject: Re: club_cafe: Valuation Update

> On 1/14/08, Ira wrote:
>> When you see the closing price earlier than that on sites such as Yahoo,
>> etc., you are seeing the unofficial closing price until the official data
>> are released. These prices are subject to change without notice.
>
> Thanks for the excellent summary, Ira. In addition, prices sometimes
> change the next day. We get corrections from CSI, and we apply them,
> which includes a complete audit of your books.
>
> Cheers,
> Rob

Bob and Candi Hooper on

At approximately what time each business day is the updated NAV information
posted to our portfolios?

Thank you.

Bob Hooper, Treasurer,
New Pueblo Investment Club
Tucson, AZ

> Cheers, Rob!
>
> Thank you for providing information regarding the CSI corrections, but I
> don't think Victor's question was answered: "When does Bivio update the
> Valuation statement to reflect a day's closing stock prices? It is now
> 8:00 p.m., EST on Monday and the stock prices on the Bivio club website
> have not been updated since last Friday."
> How does the daily update happen at bivio?
>
> Thanks, Rob!

Eric Dobbs on

Our prices are updated around 8pm or 9pm Mountain Time.

Eric Dobbs
bivio Inc.

Bob and Candi Hooper on

Thanks, Eric!

----- Original Message -----
From: "Eric Dobbs" <dobbs@bivio.com>
To: <club_cafe@bivio.com>
Sent: Wednesday, January 16, 2008 5:31 PM
Subject: club_cafe: Re: Daily Valuation Update

> Our prices are updated around 8pm or 9pm Mountain Time.
>
> Eric Dobbs
> bivio Inc.

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