DeepValue 99 — Protocol Checker (SEC filings, live)
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Welcome to DeepValue 99

by Danny Oriente

Press Load today's screen below — every number is pulled from the company's real SEC filing, then judged against the Protocol: hard rails kill, flags shrink position size.

What is this?

A stock checker that finds companies selling for less than what they own — sometimes less than the cash in their own bank account. Every number comes from the company's own SEC filing. No tips, no screener guesses, no AI.
  1. Load today's screen (the button right below). It lists the cheapest stocks right now, already graded.
  2. For each one the tool reads the latest SEC filing: cash, debt, profit, share count — plus the live price and what insiders just bought or sold.
  3. The Protocol grades it: SKIP = deal-breaker, HALF = warnings, FULL = clean. Every claim links to the filing so you can check it.
  4. Click a row for the evidence. SellPlan.exe writes your exit before you buy. Once you see how it works, type any ticker and hit Run Check. The tool never trades for you.

FULL and HALF are about the rules, not your odds. Book value is an accounting number, not a sale price. Oddly worded filings can slip past these checks.

Every label is explained in the key below.

Where the rules come from

Danny is not a financial professional. This tool is his notes from investors with a real track record, turned into rules he can repeat. The core comes from:
  • Benjamin Graham — the margin of safety; buying below what a company owns.
  • Seth Klarman — when to sell, and why "it's down" is never a reason.
  • William O'Neil — market weather, and buying the leader, not the laggard.
  • Morgan Housel — staying in the game long enough for the math to work.

Plus the investors and writers Danny follows on X and elsewhere — people who share what actually works for them, with the results to back it up.

This is not financial advice. Always do your own research.

✖Hard rails kill

Banks, insurers, anything not American-based, anything over $2B, and cash that isn't the shareholders' are out — no exceptions, whatever else looks clean.

!Flags shrink size

Warnings never argue — they cut the position: FULL, HALF, SKIP. Missing data always counts against a stock, never for it.

✔Sell in thirds

A third at 2/3 of book, a third at book, the rest rides on events. No stop-losses — the exit is a thesis break, never a price.

0 object(s)
Source: SEC EDGAR + live quotes
Market: —
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Checking filings…
Contacting SEC EDGAR…
This reads the real 10-Q/10-K record — a few seconds per ticker.
Protocol.txt — Notepad
HARD RAILS (auto-enforced here)
1. Real shares, cash account. No options, no margin.
2. Max 5% per position, max 2% of account at risk.
3. Numbers come from the real SEC filing — this app pulls them itself.
4. American-based companies only — no foreign filers, and never China or Russia (checked via the filing's own business address).
5. No financial companies (banks/insurers/brokers — their cash is customers' money). The hunting range is $100M–$2B market cap — above it is out (value on sale, not names that already ran).

WHAT THE APP AUTOMATES — checks 4–6: survival & net-cash math, cheapness from the filing's own share count, insider buys/sells, kill tests (net cash > equity, stale tags).

WHAT STAYS YOUR CALL — checks 1–3: where the idea came from, what the company does in 2 sentences, why it's cheap + the sector test. The app can't think for you — the ticket in journal/TEMPLATE.md can't be filled by a machine.

SIZE BY FLAGS: 0–1 flags full size · 2–3 half · 4+ skip. Overnight rule always. Paper first.
DougsPhilosophy.sys
The whole system in one sentence: buy a dollar for 50 cents, prove the dollar is real, and wait.

1. Prices are moods. Value is math.
The market swings on fear and excitement. What a company actually owns changes slowly. When the mood price drops below the math price, that gap is the whole game.

2. Trust the filing, not the website.
Companies file their real numbers with the SEC under oath. Websites that summarize them are wrong shockingly often — this app reads the filings themselves.

3. Cash is the hardest thing to fake.
We hunt companies with more cash than debt — sometimes priced below their own bank account. The biggest winners in history mostly had net cash.

4. Buy hated groups, not hated stocks.
One stock crashing alone is usually sick. A whole sector crashing is usually just a mood.

5. Insider buying is the honest signal.
Executives spending their own money on their own stock beats any press release.

6. Rules beat feelings.
Every trade runs the same written checks. Flags shrink the bet, small caps on every position, and you sleep on every order — nothing here is ever urgent.

7. Sell when the discount closes.
Never because "it's down." Typical hold: 1–3 years.

Why it works: you're not predicting the future or out-trading pros. You're buying things for less than they're provably worth and letting patience — the one edge a regular person has — do the work.
When do I sell? — the 4 reasons
In deep value the ONLY edge is the discount. So you sell when the discount is gone, when there was no dollar after all, or when the discount refuses to close. Four reasons, ever:

1. The gap closes. Price reaches the fair value on your ticket (book value, net cash). Sell 1/3 at the target, reassess, let the rest ride. Nobody sells tops — capture the gap, not the peak.
2. The thesis breaks. The pre-written EVENT that means you were wrong (runway gone, heavy dilution, going-concern). Sell on the event, not the feeling. A price drop with the filing intact is NOT a sell.
3. Dead money. Re-justify every 6 months from the newest filing. ~2 years with no progress (Benjamin Graham: 50% gain or 2 years) — recycle into a fresher discount.
4. Something clearly cheaper. Only when your own filing math proves it. Never a sideways trade.

BANNED: selling because "it's down." Price alone is never a signal — price vs value is.

Typical hold: 1–3 years. Hold MORE than one year and gains are taxed at the lower long-term rate — patience pays twice.
Key — what the labels mean
About DeepValue 99
DeepValue 99
Danny's protocol checker.
Screeners find candidates. Filings are the truth.
A company that hoards cash forever isn't cheap —
it's controlled by someone with no reason to share.
DeepValue 99