quote:Originally posted by newmy500: I'm new to active trading, but what I've learned about QBID over watching the boards for the last couple of months is that I'm not sure if they would be where they are today without Diana and the rest of the people on all the stock boards around the Internet trying to help them out. The promotion they've received from the people on these boards and the stock price going up and even staying where it's at right now would not have happened without the people here. The group on this board has given everyone all the DD that could possibly be found on the Internet, and although the potential is amazing if they can launch, I would feel much safer about my modest 325K shares if Diana or Lamont was running the whole show. Frank appears to be getting a little older, but with the knowledge he had from the first failed launch, I would figure he could get his ducks in a row this time. I truely have faith that this can work out, but I do think they need to "set the record straight" with Diana and the rest of the investors. Simple questions like what is the O/S should not be too hard to answer. To be honest, I think the shareholders, Lamont, and the PR firm are going to be the main reasons this gets off the ground, and Frank will be an extremely lucky, RICH man.
I am in agreement here. I would like to make an observation regarding the accessibility of certain facts such as the O/S. Prior to the computer age, information was seldom shared with the public until the venture was a complete success. If the venture was a flop, few knew about it. I recall working for a company that was publicly owned...I recall the tension when there was a stockholders meeting...everything had to be spitshined and flawless.
To say its a different world is an understatement. The stockholders, as it were, have access to virtually as much info as they can handle. But so does the rest of the world including those who would encroach on an idea, hamper business negotiations and/or "manipulate stock value"?? I can see where information would appear to be guarded and slow coming when in fact it's just a necessity for conducting business. It's still a dog eat dog world in the business arena. That much hasn't changed.
The one thing that gives me confidence in the management of Q Television is Frank. He appears to me to be a man of determination and foresight...he's also a realistic businessman. He knows he's got a marketable, timely product here but he is man enough and smart enough to know that to make it work it will take some professionals of today's world with todays' abilities coupled with those with yesterdays knowledge and experience and tomorrow's vision. IMHO, he's doing just that ... for that reason, QBID has my respect and support.
quote:Originally posted by $CashMaker$: I am waiting for this. If you read charts. then you see what I see. Come on 4-5.
-chuck <--don't listen to me or anyone when it comes to trading stocks.
[This message has been edited by $CashMaker$ (edited May 20, 2004).]
RNWK was a strong internet stock back in the early Spring of 1999 when it rocketed from $60 to $130 in only two weeks (Points A to B). made a Parabolic Move with a Climax Top and then sold-off very quickly going from $130 back to $65 a share in 5 trading days. once it penetrated the 21 day MA it fell back to its 50 day MA It then bounced off the 50 day MA (Point C) and rallied briefly in late April but sold-off in May and eventually retreated all the way back to its 200 day EMA by mid-June..
QBID have the same pattern but on a much smaller scale...we'll have to wait and see.
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A major key to being a successful investor is knowing how to manage your portfolio. As investors we are going to make mistakes when buying or selling stocks. The key is to take profits when you have them and keep your losses at a minimum.
From my experience here are a few good points to remember when buying or selling stocks:
If you buy a stock and it drops 5% to 8% below your purchase price consider selling it and take your loss along with swallowing your pride (no one is going to be right all of the time). Yes the stock price may reverse on you and go the other way but it also may drop another 10%, 30%, 50% or even more.
Buy a stock when the price breaks out of a consolidation period such as the Flat Base or Cup with a Handle pattern especially if it's accompanied by increased volume.
Watch out for the Climax Top out of a Parabolic Move and the Double Top patterns as well. Remember these patterns indicate a stock may have peaked and could be in for a dramatic sell-off. Don't get greedy as an investor, if you buy a stock and it quickly doubles or triples in two weeks or less consider selling it as the stock may drop even faster on its way back down.
Also pay attention to the Moving Averages especially if a stock breaks below its 50 day moving average. This could lead to a test of its 200 day moving average if further selling continues.
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i just want to remind you all that this stuff takes time. advertisers and cable companies can't see what QTelevision has to offer until they have a signal. that signal went out on saturday, a mere 5 days ago. do you really think Q can land cable companies and advertisers in 5 days?!
c'mon, be realistic. once cable companies and advertisers SEE the goods that Q has to offer, THEN they'll decide to hop on or not. i'm not even sure if saturdays broadcast even counted because it wasn't the full soft launch (although it seemed like it). still once a cable company or advertiser wants to sign on, they have to negotiate a deal. that takes time people!
so when they say frank and co. are off all over the U.S. trying to solidy deals, i truly believe that they are trying their hardest to make this thing work. they won't have time to talk to us on the phone or answer our e-mails, they're working hard right now. give them time to do their job.
quote:Originally posted by Dakota's Missus: GREEN!! It's like seeing the sun come out from behind a cloud! If only for a little while...but then again, who knows!!
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I don't know about you guys, but I feel like I've been holding my breath for three days. Just to see a little action puts a smile on my face...thinking of the tomorrows ahead of us.
Come on Q-engine...I KNOW YOU CAN...I KNOW YOU CAN...I KNOW YOU CAN...CHUG CHUG CHUG!
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Update says: (very upbeat lady) Hi you've reached the Q television network hotline for Maaaaay 20th ...Q execs continue to line up cable carriers as we prepare for our network launch. We know you're all very anxious to hear the news and announcements will be made at the appropriate time. We're on target and we know you'll be pleased with the progress we are making... The CEO informs me that we'll have a complete update for you next week when they're all back so please be patient a little longer. It's all good, here at Q.
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