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Registered User Joined: 12/21/2008 Posts: 1
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I'm a Platinum subscriber to Telechart and note that I'm missing substantial amounts of fundamental data for many tickers. Although I've updated my database daily, the data is still missing. Examples are earnings, capitalization, LT debt, ST debt, Current Assets, to name a few. Jump to any ticker under All Stocks and sort by any of the above, and many tickers will be missing information. For example, a scan of 6804 stocks for Earnings ($million) 1YR provides a return of only 2352 stocks with a numerical figure for Earnings, leaving 4452 companies without any apparent earnings for the period.
Although some may be updating at a quarter, and some may be just plain late, Telechart does not give us any indication of its status. It leaves me wondering if I'm getting all of data accurately, and in a reasonable amount of time after its been reported. If data is missing, then I'm not getting truely accurate scans using fundamental data to select for top performing companies and sectors.
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Registered User Joined: 6/25/2005 Posts: 6
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Wouldn't you think after six weeks, this post deserves a reply? I have often noticed the same thing. Using worden data for fundamental screening is valueless.
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Worden Trainer
Joined: 7/11/2006 Posts: 332
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toddman & jhlittle5520,
Currently, we are working with our vendor on this report. I'll have an update for you soon.
Thanks for your patience!
Tal_E
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Registered User Joined: 4/8/2010 Posts: 2
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QUOTE (Tal_E) toddman & jhlittle5520, Currently, we are working with our vendor on this report. I'll have an update for you soon.
Thanks for your patience!
Tal_E
WOW, Over to 2 months to fix issues with the software? I am a new client looking around, and this cant be good PR.
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Registered User Joined: 5/27/2010 Posts: 1
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I am looking for an software to use fundamental data for scanning and backtesting. It seems the issue has not be solved and the data is still not reliable now.
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Registered User Joined: 6/25/2005 Posts: 6
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I find the software useful for technical analysis, but regretably Worden does not appear to care about about the quality of their fundamental data.
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Registered User Joined: 11/6/2007 Posts: 28
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I second this. Morningstar fundamental data is useless.
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