posted
I do not know what was going on but I watched the last 10 mins of the market being open and then the after maket buys and too me in looked like about 260,000,000 traded with the largest block being 21,917,500 shares. I cannot tell weather they were buys or sales though. May be some one has that info that they can share.
-------------------- Sheldon L. Hutchins Posts: 46 | From: Miami, FL, USA | Registered: Mar 2004
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posted
There's more coming. I forget... how long after the bell can they trade? I'll get you an updated screenshot when I'm sure they've stopped!
Posts: 1872 | From: right here | Registered: Apr 2004
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posted
the longer we stay at .0020 - .0021 the better!
Looks like a 2 billion share buyback to me. There is no reason they HAVE to finish in May, but if that is what they want to do, they are doing very well. The first day we close at .0021, or .002 for sure, with no buyback... we'll know it is over. We'll know the next trading day will be green green green.
Q is kickin A
Posts: 809 | From: NYC | Registered: Feb 2005
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-------------------- 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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Remember Frank had a PR or statement basically begging to have the float reduced?
Ok. The job of an MM is to keep prices in check in order to keep some sort of control over volatility. Now, if a MM wants to use shares to control the price later, the MM could control the price around $1 or above with shares purchased at .002 and not with shares purchased at $1. They could also wait until the shares were much higher than $1 to do their control.
This way, the MM appears to be reducing the float while still ensuring a handsome profit later on. Yes, that still doesn't reduce O/S but regardless, if the shares aren't for sale, then they can't be bought cheap.
-------------------- "True Wisdom Only Comes From Pain"
10.3 Million Shares and Holding Posts: 112 | From: San Ramon, CA | Registered: May 2005
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posted
I like your thinking. Man, if you're right there wuld be a lot of millionaires made by this stock. Look at LLLI, I don't knos if there was an RS there or not but it went from .o1 on March 30 to .99 on March 31, and hit like 4.50 yesterday.
-------------------- If it wasn't for bad luck I'd have no luck at all. Posts: 1529 | From: Tacoma WA | Registered: Apr 2005
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posted
Ok people here is my take on the QBID buyback.
Since April 29 (buyback announced), there has been 6.259 Billion shares traded. I believe that Frank has bought 25% of them totaling 1.564 Billion. I also believe he started buying back at the beginning of that week, in which case 7.266 Billion have been traded. At 25% he has bought back 1.816 Billion. This leaves Frank 184 Million short of his buyback target of 2 Billion (JMO). If we have the huge volume on Tuesday like we did today, Frank's Buyback of shares, totaling 2 Billion, will be complete on Wednesday. All of this is JMO, and if correct the BIG NEWS will start to FLOW on Thursday. Also the "Deep Pockets Person" will be coming out of the "CLOSET"....LOL
Posts: 1637 | Registered: Apr 2004
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posted
i dont want to be a drag here but the 160 million shares tonight looked like sells not buys on my medved screen.
can anyone verfy differently for me? I hope that im just reading it wrong.
BigRod you theory is right along with my thinking and calculations.
im figuring that we are around 1.5 billion. I have not looked at the numbers yet tonight i just gont in.
Rod
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
Id like to hear form someone i respect. I knew you would jump all over that.
quote:Originally posted by roadrunnerv8383: they were at the bid not the ask, they were sells.
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
so let me get this straight then. your theory is that they have been buying up for the last month at .0021-.0022 so that they could dilute at .0020. is that your theory?
good grief man, even an kid in kindergarten would have more sense then you.
first of all if they where diluting to the extent that you state they are, we would be at .0001 already. there are not enough people accumulating that fast to keep buying that number of shares day in and day out without the price dropping below support.
quote:Originally posted by roadrunnerv8383: they were at the bid not the ask, they were sells.
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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quote: first of all if they where diluting to the extent that you state they are, we would be at .0001 already. there are not enough people accumulating that fast to keep buying that number of shares day in and day out without the price dropping below support.
Actually, I wouldn't be surprised if two MMs weren't duking it out today or trying to squelch a third. I want to see this stock on a new exchange so we can tell who all is playing this.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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posted
BOTTOMLINER,VERY GOOD POINT AT NO TIME WOULD YOU BUY BACK THEN DILUTE ON THE SAME DAY. THIS WOULD BE CLASSIC PUMP AND DUMP. HAVE NOT POSTED HERE IN MONTHS.HAVE 850K AT .OOO8 FROM MANY MONTHS AGO.IF YOU HAVE ANY REAL DOUBTS ABOUT qbid JUST REVIEW WHIZNOCKS LIST FROM SEVERAL PAGES BACK.QBID HAS SYSTEMATICALLY PUT IN PLACE ITEMS NECESSARY TO BECOME A FULLY REPORTING COMPANY. GOOD LUCK AND MAY THE QBID BE WITH YOU.......RIVERCITY
Posts: 58 | From: austin,tx. u.s.a. | Registered: Apr 2004
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posted
further evidence of your ignorance. pitiful indeed.
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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imakmony2005
unregistered
posted
Beat it roadhog,if you got nothing good to say then say nothing.
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-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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quote:Originally posted by rivercity: BOTTOMLINER,VERY GOOD POINT AT NO TIME WOULD YOU BUY BACK THEN DILUTE ON THE SAME DAY. THIS WOULD BE CLASSIC PUMP AND DUMP. HAVE NOT POSTED HERE IN MONTHS.HAVE 850K AT .OOO8 FROM MANY MONTHS AGO.IF YOU HAVE ANY REAL DOUBTS ABOUT qbid JUST REVIEW WHIZNOCKS LIST FROM SEVERAL PAGES BACK.QBID HAS SYSTEMATICALLY PUT IN PLACE ITEMS NECESSARY TO BECOME A FULLY REPORTING COMPANY. GOOD LUCK AND MAY THE QBID BE WITH YOU.......RIVERCITY
river Thanks for the compliment, but I can't take credit for that bit of wisdom. I agree with it, but I think Penny-Trader actually said it.
Looks like you bought right and have been waiting patiently for the payoff, which should be coming soon. I also believe QBID has made great progress over the last few months and am willing to wait as long as it takes. Good luck to you too.
-------------------- Everything I say is only my opinion ... right or wrong. Posts: 2152 | From: Ohio | Registered: Sep 2004
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posted
There is so much progress being made by the Q. Frank is buying Back shares. Why? So he can use them at a later date NOT to remove them from circulation entirely. Frank is very smart. Buy LOW Sell HIGH. And when he sels HIGH that money will be used to better the Q.
-------------------- "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 :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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posted
So FIGURE it out then. If Frank is buying Shares NOW. GEE what should I DO ?
BUY NOW !!
Its not Rocket science ITS the way it is. Frank is giving us a HINT
HINT ? BUY NOW !!
-------------------- "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 :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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posted
Happy M.Day ALL. See Ya on Tuesday. Thats when I will be adding another Million to my Q HORDE.
-------------------- "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 :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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i think the igloos are around to long this year lol
i wont sell my blubber as i keep it just above my belt with my spare tire lol
Rod
quote:Originally posted by Bottomliner:
quote:Originally posted by Penny-Trader: further evidence of your ignorance. pitiful indeed.
Penny I think we've just determined roadie's IQ.
Oh, by the way, it's almost June. Is your igloo melting yet? And what is a pound of blubber selling for these days.
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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(4) Are there precedents, companies that provide the same kind of product or service?
(5) Do most if not all these companies trade for over a dollar a share?
(6) What differentiates my prospect from these other companies?
(7) Do they have a target demographic?
(8) Does that demographic have the means to support the product?
(9) Where does the commercial community stand, do Fortune 500 Companies want to reach the prospect's target demographic?
(10) Can the prospect deliver an effective avenue for the major corporations to reach this market?
(11) Do they have sponsors?
(12) What's the possible impact of their primary competition & will my prospect have the lead in the market?
(13) Does this prospect have management with a proven track record of not only running a company but actually bringing a company to market, making it successful & profiting from this endeavor.
And most importantly one personal question,,,
(14) Do I have the discipline, willingness & conviction to maintain a large core position.
"All we ever had to do is launch!"
Posts: 4363 | From: waldorf,maryland,USA | Registered: Mar 2004
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quote:Originally posted by Penny-Trader: i dont want to be a drag here but the 160 million shares tonight looked like sells not buys on my medved screen. Rod
Penny Been thinking about the trading activity this week, especially the 160 million shares that sold late today.
If all shares must pass through an MM, the buyer of the 160 million shares today was one or more MMs. From what I know about MMs, they are essentially "daytraders" and only buy at a price that is likely to generate a profit when they re-sell the shares.
I know they also get a fee for every trade and may be "required" to buy under certain conditions, but I believe they make their real money on the spread and usually can resist buying too high.
Based on the law of supply and demand (and ignoring market manipulation), a stock's PPS will trend up when there are more buyers than sellers, and conversely will trend down when there are more sellers than buyers.
Since the PPS held firm at 20-21 all day and didn't trend down when the 160 million shares were offered for sale, it appears to me that the MMs think QBID is worth 20 now. If not, I don't think they would have bought so many shares without taking the price down a tick or two.
The real questions I have are 1) How many shares are currently on the bid list vs the ask list? More buyers than sellers is good, more sellers than buyers is bad. 2) What are the bid and ask prices? A lot of bids at 20+ is good, a lot of asks at 20 or under is bad. 3) Who was selling today? "Someone" suggested it might be Frank, but that makes no sense to me unless he is about to release "really bad" news. And I don't believe that for a second. Someone else suggested it might be more MM activity, but I don't know enough about MMs to evaluate that thought.
Anyway, regardless of today's activity, it appears that 20 is a very solid floor and hopefully will be the low before the next run.
Time to start a long weekend. See you Tuesday.
-------------------- Everything I say is only my opinion ... right or wrong. Posts: 2152 | From: Ohio | Registered: Sep 2004
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