posted
well who gets to buy at the bid????? this is very odd to me but i'm not as experienced as some. i would imagine if they were sells we would see a big drop in pps since the trades amounted to over 172million shares
-------------------- I'M GONNA BE RICH BEFORE I'M 30!!!!
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posted
well if it is just one person trading here then he/she already has enough money to retire. i mean who has that kind of money just sitting around??? lol. unless someone took out a second mortgage and a few loans and put their life savings in Q. either way the person who just bought has or will have enough money to live pretty well.
-------------------- I'M GONNA BE RICH BEFORE I'M 30!!!!
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posted
hmmm...if i rememebr correctly there was a PR alittle while back about a private investor group buying shares.Maybe this has something to do with that.
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posted
I've been calling Richard FOT but he hasn't picked up. Must be a busy day with management returning to Palm Springs. Perhaps there is a lot to talk about. Matt
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quote:Originally posted by FatherOfTwo: I sent a mail to IR.. we will see if a response is given. I doubt it, as 3 previous mails have never been responded to.
Well, well... I got a response.....
Jeff,
I can tell you it was not the company.
Regards,
Richard
-----Original Message----- From: XXXXXXXXX [mailto:Jeffxxxx@xxxxx.gov] Sent: Wednesday, April 06, 2005 12:31 PM To: Staff@EquityRelations.com Subject: Large stock trades
Mr. Brown,
I have emailed you on several occasions without ever receiving a response. I hope that this email will not follow a similar fate.
Today, I noticed several (>45) 9million share blocks being sold at the bid around 12 noon. This much volume is clearly an indication of a prearranged sale/purchase, or cancellation of shares possibly? Can you please comment on these trades, and if they were cancellation of shares, or financing of some sort to conitnue buisness operations? If it was a prearranged sale, is dilution of the stock occurring, and to whom was the financing arrangement made?
Thank you in advance,
Jeff XXXXXXX
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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posted
OK, I am back and confused even more now. What does Today mean? I am excited and ready to order my tickets (First Class) Delta and TAM connection: Charlotte to Atlanta to Sao Paolo to Florianopolis. Sit on the Beach, Eat Great food, watch the Bunda. Ricardo
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posted
Ricardo,I am as confused as you are. I read that someone bought 200 million shares at one time and we still go down .0003? I still believe,but I also believe we need that "Big News"!
It will come soon,I'm sure. QBID has made me very patient. Also,Mom always said "Good things come to those who wait!" She was always right!
quote:Originally posted by Rich735: Ricardo,I am as confused as you are. I read that someone bought 200 million shares at one time and we still go down .0003? I still believe,but I also believe we need that "Big News"!
It will come soon,I'm sure. QBID has made me very patient. Also,Mom always said "Good things come to those who wait!" She was always right!
Rich
Sounds like a smart mom, and by the way my mom always told me that a "watched pot never boils" But we all know that it does, just seems longer watching it.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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quote:Originally posted by LTCCEO: I have an order to purchase at .003. It will not fill. That might tell you something.
YEH !! .0031 is the ASK and .0030 is the BID
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :)
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-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :)
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posted
If only TODAY were a GREEN DAY the Volume would tell me that a GREAT PR was coming Tomorrow.
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :)
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The huge "sell-off" was nothing more than mirror sells by the MM's to shake some sells.....I keep asking myself this:
1) Why didn't they drop the bid for such a huge sell? 2) The company acknowledges that they had nothing to do with this, so we know there is no dilution, do who would of sold 400million shares? 3) If the MM's were "stocking up" for a future run (which I believe they are), then by mirroring the sells, they caused some to panic and thus we saw additional sells throughout the remainder of the day and they dropped the price further because the buyers were scared off thinking that it will drop further! 4) The MM's know what the charts look like, and thier actions produce the results that we see! The chart is appearing to begin to go back down (MACD is flatlined on the high side and will begin to fall back down absent some GOOD news).
With all this being said, I will watch tomorrow and if it falls below 30, then I will be selling and waiting for the low 20's again which will probably come by the end of next week! Selling at 30 and repurchasing at 20 gives me 50% more for the longer term!
quote:Originally posted by FatherOfTwo:
quote:Originally posted by FatherOfTwo: I sent a mail to IR.. we will see if a response is given. I doubt it, as 3 previous mails have never been responded to.
Well, well... I got a response.....
Jeff,
I can tell you it was not the company.
Regards,
Richard
-----Original Message----- From: XXXXXXXXX [mailto:Jeffxxxx@xxxxx.gov] Sent: Wednesday, April 06, 2005 12:31 PM To: Staff@EquityRelations.com Subject: Large stock trades
Mr. Brown,
I have emailed you on several occasions without ever receiving a response. I hope that this email will not follow a similar fate.
Today, I noticed several (>45) 9million share blocks being sold at the bid around 12 noon. This much volume is clearly an indication of a prearranged sale/purchase, or cancellation of shares possibly? Can you please comment on these trades, and if they were cancellation of shares, or financing of some sort to conitnue buisness operations? If it was a prearranged sale, is dilution of the stock occurring, and to whom was the financing arrangement made?
Thank you in advance,
Jeff XXXXXXX
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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158 Sells for a total of 569,164,369 shares. 94 of the sells were over 1 mil. 48 of the sells over 1 mil were for 9 mil.
138 Buys for a total of 66,586,385 Shares. 23 of the buys were over 1 mil.
The 9 mil. sells also happened for a few days in a row starting on 03/10 but todays are almost double the volume of the past days where there were numerous 9 mil. sells.
I do not understand why we did not drop like a rock with 89.5% of the volume being sells?
quote:Originally posted by ranger10: does someone know something...and they are loading up before a PR comes out?200mil shares is an awfull lot to buy with no info
There's only one person I know that could "know" something & be loading up before a PR!
Frank!
Do not be shocked if we find out that they've been doing an agressive buyback! Matter of fact, don't be shocked if Opra sometime in the future discloses a huge position in this thing!
posted
.0019/.0020 is not the new bottom, .0029/.0030 is, look the blocks the MMs threw out the day of the PR regarding the "investor interested in buying up to .01". They already have enough short selling accumulation that they won't go under .0029.
Besides, the Dateline story on Naked Short Selling happens this April 10th. Public and government pressure is building on the hedge funds to let some of these stocks go. They've already got their accumulation, now they have to cover.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO.
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quote:Originally posted by Ligge: OK silly question time.. how can you sell 500m more than are bought?
The only thing that makes sense to me is that when an individual person sells and there is no buyer the shares must stay in the Market Makers inventory. I have seen days where there were much more buys than sells but not to todays extreme of 89.5%.
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