What is one of the golden rules of penny stock trading?
Don't fall in love with any penny and try to avoid holding over night. What the daytraders are doing to this stock are taking away the possibility of creating new bases. Everytime there is a run it falls right back to these levels because the new money has left. The day traders took their profits.
Even with a 1000% gain in one day we're still a penny stock. The rule will still apply to most and they'll be content with their 1000%.
You are correct in that there are probably going to be day traders that eventually invest in QBID with a major carrier deal but the professional/successful day traders probably won't forget their golden rules of day trading.
If we move to a larger market and off the, at least, micropenny land then the volitility will be gone. The penny day traders will lose interest. Ameritrade considers a day trader to be anyone that makes 5 or more trades in a week I believe. Penny day traders make 5 or more trades in a single day. I doubt the day traders of Nasdaq react and operate the same way as an otcbb day trader.
You can believe that day traders will always be a problem but I believe they're doing us longs a lot more harm than the mm's at this point. I'd rather see a smaller OS and a new exchange than a major carrier. Matt
Posts: 1504 | Registered: Sep 2004
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It's simply not something that will fly anywhere but in the large cities
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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There is so much speculation on this stock coming from the owners' mouth it's rediculous
No hard figures, just a bunch of promises and fluff PR's
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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Oh I see what you're saying. Your view is that Q is only going to be a major network in large cities. I'm sure a lot of that is true. There is always other reasons for that. Most of the population is in or around major metropolitan areas.
Q may only go to those major areas because it would not be very cost effective for carriers to bother extending Q Television to those less dense areas. Is it worth it to spend hundreds of thousands or more to get Q in an area that perhaps will only get us 2,000 more subscribers?
Not sure I understand how you say the day traders aren't the ones hurting us when you say "swing play at best."
Quick side question about your comment on Frank and his mouth. A lot of the PR's are fluff because they announce stuff that isn't exactly exciting. i.e. 32,000 interested in subscribing from the Dinah Shore weekend in Palm Springs. Would you rather Frank keep his mouth shut and perform like LOGO as far as releasing news? It seems that if QBID is a swing play then our base is around .003 and that we should be using these swings to our advantage. The pr's are also proof that there is progress. Even if POD is an infomercial station, it is still 16 million possible more viewers that we didn't have yesterday when all we had was RCN.
Is it the PR's or profit taking that is lowering the pps? The only way I think the pr's are lowering the pps is from people who are waiting for the carrier pr and just don't care to have their money tied up in QBID any longer. More selling. Most penny stock players that aren't devoted longs aren't going to keep their money in QBID for long without big news. Matt
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By the way, apparently the poll from CNN yesterday is up to 45% of about 5000-6000 saying gay television is a good idea.
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That means that more than half of the population are against it
Not exactly a positive thing
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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Actually that is not how you should take it. Eventually Frank only expects 10% of the population because it is estimated about 10% of the population is gay. A 45% approval rating is a great thing. This shows that it is very possible many heterosexuals will subscribe to QTN. Matt
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quote:It's the daytraders, a novice trader would know that.
That does not mean that they are correct
If there was a perfect way to read a stock, everyone would be rich
Even the experts go broke on a sure thing sometimes
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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quote:Actually that is not how you should take it. Eventually Frank only expects 10% of the population because it is estimated about 10% of the population is gay. A 45% approval rating is a great thing. This shows that it is very possible many heterosexuals will subscribe to QTN. Matt
Or it could just mean that 45% are willing to put up with it
Remember, we don't teach acceptance in the states, just tolerance. Afterall, when was the last time you caught a straight guy watching gay porn?
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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quote:Originally posted by Nicholas: That means that more than half of the population are against it
Not exactly a positive thing
But considering that only 10% of the population is GBLT, then it shows that a considerable amount of non glbt people are not opposed to the idea.....
glass 1/2 full or half empty?!?
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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quote:Actually that is not how you should take it. Eventually Frank only expects 10% of the population because it is estimated about 10% of the population is gay. A 45% approval rating is a great thing. This shows that it is very possible many heterosexuals will subscribe to QTN. Matt
Or it could just mean that 45% are willing to put up with it
Remember, we don't teach acceptance in the states, just tolerance. Afterall, when was the last time you caught a straight guy watching gay porn?
Haven't thought about that before, please share your experience about catching straight guy's watching porn.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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A realist asks you if you just drank out of it (half-empty) or if you just put water in it (half-full)
I'm a realist, I look at all angles, even ones that do not exist
DD is only half of the equation, you have to look at the market and the publics' willingness to accept the product/service
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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quote:Originally posted by permanentjaun: By the way, apparently the poll from CNN yesterday is up to 45% of about 5000-6000 saying gay television is a good idea.
Sounds about like the margin that the Democrats lost the Presidential election by. 55% to 45%
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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No day traders aren't always correct. Thats why some that bought in at .0035 today could have sold at .0042 for 20% profits. Thats the whole point of resistance levels. The run occurs, people begin to sell and there is the pressure to sell because the momentum is shifting. Just like when it sells, people see an opportunity for profits at the lower price so they begin to buy and it creates the pressure for the momentum to shift upward. Thats what a lot of the day traders do when they're following the level 2's. How many MM's are on the ask and how many on the bid.
When the L2's show a shift to more sellers then buyers they dump their showers with the feelings that the run is over. Day trading. They don't care about the company, how many OS, etc. They just know that at this moment it's moving regardless of financials. Matt
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quote:Originally posted by permanentjaun: Actually that is not how you should take it. Eventually Frank only expects 10% of the population because it is estimated about 10% of the population is gay. A 45% approval rating is a great thing. This shows that it is very possible many heterosexuals will subscribe to QTN. Matt
What if all of the subscribers get HIV/AIDS and die? That would be horrible.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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Nicholas, you forgot to ask the other question. How many heterosexual women have watched lesbian porn. It is apparently more socially acceptable, at least with todays youth, for women to have relations with women. You see two women kissing at parties on dares but not two men. I'm sure it goes the same for porn. I feel women find it much more fascinating than "pleasurable" to watch porn especially when with other open minded people. Matt
Posts: 1504 | Registered: Sep 2004
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quote:Originally posted by permanentjaun: Actually that is not how you should take it. Eventually Frank only expects 10% of the population because it is estimated about 10% of the population is gay. A 45% approval rating is a great thing. This shows that it is very possible many heterosexuals will subscribe to QTN. Matt
What if all of the subscribers get HIV/AIDS and die? That would be horrible.
Now that's a mature thought.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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quote:Originally posted by permanentjaun: Actually that is not how you should take it. Eventually Frank only expects 10% of the population because it is estimated about 10% of the population is gay. A 45% approval rating is a great thing. This shows that it is very possible many heterosexuals will subscribe to QTN. Matt
What if all of the subscribers get HIV/AIDS and die? That would be horrible.
Now that's a mature thought.
Sad, but could be a possibility.
Governmental Population Control - HIV (IMO)
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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I doubt our government is considering population control considering how large China is. We're not going to remain the worlds super power for long. Anyways......qbid...lol
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I agree, one day China/Russia will dominate the world in the end times. One world government is unescapable in the future. Probably not in our lifetime, but it is coming.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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Perhaps why we should continue to search for methods to inhabit Mars. If that's not big enough for humans then we're just a tad too greedy.
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How high did QBID get today? Everywhere I go it says that the daily high was .0120, but that can't be right. Or is it??
Posts: 369 | From: MN | Registered: Mar 2004
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I wonder why the price is barely moving after today's news? We've had much bigger runs on less signifant news. I'm really confused.
Posts: 798 | From: New Jersey | Registered: Jan 2005
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quote:Originally posted by Ricardo: Nicholas: Try finding another Board, or Get a Job
I think they are on spring break. Hey fella's, (Nick and Peas) go outside and get some fresh air.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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quote:Originally posted by glfpimp: How high did QBID get today? Everywhere I go it says that the daily high was .0120, but that can't be right. Or is it??
.0041
-------------------- Pieman Posts: 31 | From: Fish VA 22939 | Registered: Jul 2004
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I'm making a valid argument, if you can't handle rational thinking, that is not my fault
As for peaser, he's just mean
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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quote:Originally posted by Nicholas: That means that more than half of the population are against it
Not exactly a positive thing
What else did you expect??? The gay movement will move forward with or without public approval. Take a look at our Canadian neighbours.
GO QBID!!!!!!!
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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As this stock stumble's along it's gay path too it's destination of homosexual porno.The investment community [[ mainstream ]] will run like hell away from it...And thats the facts people...Daytrade the living heck out of this thing,but personally I would never put any money in this stock long.In my opinion.
Posts: 10729 | From: oregon | Registered: Feb 2005
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The gay movement will move forward with or without public approval. Take a look at our Canadian neighbours.
