Stage 1

Read the source without leaving the account

Every signal with a source opens in a side reader inside Stage 1, with the passage that matters marked and a link to the original page.

Kevin French
· 2 min read

A signal is a claim. Before you write to a CIO about her company's latest 10-Q, you want to read the line yourself. Opening a dozen tabs to check a dozen signals is how ten minutes of research turns into an afternoon.

Read it where you are

Open an account on the Board and look at its timeline. Every signal that has a source shows a Source button. Press it and a reader slides in from the right, with the Board still in place underneath.

The reader shows the page's title, the publisher and the date. Under that, Why it's a signal repeats what Stage 1 saw.

Why it's a signal. Filed an 8-K reporting a change in its officers

Then comes the passage itself, starting just before the first paragraph that mentions what the signal quoted or the company's name, with those words marked. Close or Escape puts it away. Open the original takes you to the full page.

Filings at length, news in brief

How much you see depends on the source. Public records come through at length. SEC filings, the Federal Register, SAM.gov and other government records show several thousand characters around the match, enough to read the context.

News shows a short excerpt and a note that the full article is on the publisher's site, one click away. That's fair to the people who wrote it.

Some pages can't be previewed. LinkedIn only shows posts to signed-in members, so those open on LinkedIn. A site that blocks previews, needs a sign-in or takes too long says so in plain words, and the link to the original is still there.

Stage 1 fetches a page once and keeps it for a week, so a second look is quick. It only opens sources attached to signals on your own accounts, and it won't fetch from private network addresses. The reader is for checking evidence, not for browsing.

Why it matters for a services seller

Your first message stands on one fact. If the fact is wrong, or stale, or doesn't mean what you think it means, the buyer knows in two seconds. Reading the source before you approve is the cheapest check you'll ever run.

It's faster than it sounds. The marked passage puts you on the sentence that matters, and a filing opens long enough to see whether the line sits in a risk factor, the outlook or a footnote. You read the hook, glance at the 3x3 research and approve, without losing your place on the Board. See how to read a 10-K like a seller and research that takes ten minutes, not two hours.

Where to find it

Every account on the Board, in the timeline of what happened, next to any signal with a source.

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