07:31:23 EDT Tue 22 Oct 2024
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Stockwatch editor John Woods dies at 78

2024-10-16 19:16 ET - Street Wire

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Well, if there is justice in the afterlife, he won't be sharing Heaven with those he and his employees took to task over the decades.

Posted by halcrow at 2024-10-16 19:28

My sincerest appreciation to Woods, who was both a mentor and a friend, and deepest condolences to his family members. He and his erstwhile reporter Brent Mudry shone much light on the dark side of Howe Street. Although Woods has left us, Stockwatch remains a unique and vital source of information for anybody who has an interest in the junior market. I still review it on a regular basis.

David Baines, former Vancouver Sun securities columnist

Posted by David Baines at 2024-10-17 03:14

Condolences to all family, friends, business associates and employees.

Stockwatch has been innovative, competed early with quotation services against the bigger names.

I recall the great reporting on the Lac Minerals debacle where the Toronto listed snob miner used skulldruggery and bribery for moose pasture that turned into one of the hemlo gold mines. The Toronto listed debacle exposed how easily a few dollars in an envelope in the 1980's, given to a senior ontario civil servant, to change documents could change things during a staking rush.

That one Toronto scam was worth a few billion dollars and led to delisting of Lac Minerals.

Posted by oh at 2024-10-17 12:07

Always interesting to talk to and a sharp wit have always read Stockwatch every day and still do RIP John

Posted by Sequential at 2024-10-17 12:18

John had a delightfully cynical view of the market and its players and he enjoyed skewering some of the sillier and ultrapromotional comments CEOs made in their press releases. That said, he was an invaluable instructor on how the market works -- and, more valuably, how it doesn't work. One of his best lines was, "The SEC is Canada's most effective regulator." A vintage headline of his was "CEO punished with parking ticket." Some of the staff were able to turn that cynicism and knowledge into financial gain, and for that, I will always be grateful.

Posted by Jerome Collins at 2024-10-17 13:40

A man with a storied career.....I enjoy stock watch every day with a special thank you to Mr. Woods

Posted by doug courtney at 2024-10-17 13:53

a great story and career thx

Posted by david at 2024-10-18 09:07

RIP John

Posted by James Lenec at 2024-10-18 16:02

John and I share the same birth date , Nov. 18 ( not year ) and were best friends and drinking buddies in our years on the trading floor. We spent many an evening at Sneaky Pete’s , John’s drink of choice, Drambuie. Lots of stories better kept to myself. John wisely put down the glass a few years before I followed suit. I’ll always remember him telling me that he went to the bars to put faces to the names of the promoters he often heard about. When John left trading to start Stockwatch he tasked me into buying 1 share of every listed company on the exchange. He would in turn register these shares so he would be sent all material sent out by public companies. These were mailed to a post office box . You can just imagine the volume of material, drove them crazy. This was in the early days of computers, John hired someone to input pertinent information from these materials such as participants ,which could easily be cross referenced. Thus the humble beginnings of what so many of us use daily. John and I drifted after years of annual birthday calls. Jexxy will always be in my heart as a mentor and friend. Rest in peace buddy. Maybe many feared you but I believe deep down everyone admired you! Pat Bocking.

Posted by Pat Bocking l at 2024-10-18 17:18