Could someone take a couple minutes and explain to me why QBID is such a talked about stock. There are so many topics about it seems to not end. I’ve asked people about it before and most people say “Don’t get into that trap”.
Could someone also explain why the stock behaves as it does up and down up and down from .002 to .0019 and visa versa over and over. It has a very large volume daily yet the price does not move very much.
I was looking at some older charts of QBID and I am also curious as to what caused the huge almost vertical run back in the beginning of 04 then it went down and a little bit before 05 there was a small run.
Thank You
BuyTex
posted
a lotta peeps think a gay/lesbian channel on cable/satellite will be huge, as more and more folks come outta the closet. Apparently, though, many investors--gay and straight--have issues with the company and principals...very emotional
ZJamaican
posted
When is this channel actually going to be aired?
BuyTex
posted
for that, go into the Qbidian realm, or you might DD on your own. The company sends out PR's...
Machiavelli
posted
reason stock doesnt move much is because it has a float in the stratosphere... the Qbiddians think the stock will reach $10 per share by the end of the year... LOL ... to me the Qbiddians are taking some Quaaludes to come up with that # .... anyways your better off staying away from that crappy stock... and the reason it went up during the period you mentioned is because it was Pumped and Dumped.. alot of the Pumpers made money and the ones who got dumped on are still holding the bag hoping LoL ...
keithsan
posted
quote:Originally posted by Machiavelli: reason stock doesnt move much is because it has a float in the stratosphere... the Qbiddians think the stock will reach $10 per share by the end of the year... LOL ... to me the Qbiddians are taking some Quaaludes to come up with that # .... anyways your better off staying away from that crappy stock... and the reason it went up during the period you mentioned is because it was Pumped and Dumped.. alot of the Pumpers made money and the ones who got dumped on are still holding the bag hoping LoL ...
back then, float wasn't bad it was at .0001 and it FLEW! sometimes people like to cling hoping history will repeat itself.
tomktoo
posted
keithsan's right! i made money from .0001 to when it popped to .028 way back when. But from then to now, nothing!! the float is something old Frank Olsen seems to care less about, he suckered so many people into holding & buying more of his company by sending out pr's & having online talk shows just for investors! god, some people hold up to 50 to 75 million shares of QBID. Geez, if the shares went up to a penny or two everybody would be selling all at once & Frank would have a heart attack. Oh well, good luck to those still holding!
none
posted
A company like QBID is hyped for a few prime reason.
1) Current shareholders are holding the bag and need to post DD in order to attract new buyers in hope to cause the stock to increase in volume
2) Company would pay members with a rep to pump it on there respected board to attract new buyers
If you look around you can find alot of new investors stuck in a POS like QBID because it has so many pages in "DD" and they get sucked in. DD is worth nothing in pennyland. You need companies with a float of less then 600m shares for it to have a chance to run. QBID to this date has 6 billion million shares in the float. Good luck with this running again. Zjam stay away if you are thinking about "Investing" in this POS.
Machiavelli
posted
quote:Originally posted by none: A company like QBID is hyped for a few prime reason.
1) Current shareholders are holding the bag and need to post DD in order to attract new buyers in hope to cause the stock to increase in volume
2) Company would pay members with a rep to pump it on there respected board to attract new buyers
If you look around you can find alot of new investors stuck in a POS like QBID because it has so many pages in "DD" and they get sucked in. DD is worth nothing in pennyland. You need companies with a float of less then 600m shares for it to have a chance to run. QBID to this date has 6 billion million shares in the float. Good luck with this running again. Zjam stay away if you are thinking about "Investing" in this POS.
Most of us know this already.. Pumpers/Dumpers.. most of us trade pennies... as for float.. i like floats between 25 million to perhaps your 600 Million.. with a daily volume of at least 500,000 for liquidity and price movement purposes...
BuyTex
posted
Machster, Darth Momo, "Wise Dave" having been busted last night:
Yet, suddenly, here on QBID, we have an expert on volume, float, etc,
mydogsky
posted
Zjam, all posts must be taken with a grain of salt. Most of the replies you have gotten so far are posters who are simply day traders and are looking for the quick buck, in and out, low volume group players, swing traders, etc, etc. You must decide what type of investor you are, are you a person not use to risk, not willing to chance your money on a long shot? Then you are probably not the buy and hold type of investor. If you are most comfortable with buying into runs and selling off quickly, you are probably more of a day trader and then the above posts would be relevent to you as a newbie to daytrading. Just decide what type of investor you are and follow through with that type of investing. Qbid is risky, but so is stepping of your curb to go to work in the morning.
Machiavelli
posted
I rather step off my curb in the morning.... might find a penny or two .. can't say that much for Qbid lol jkk..
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