posted
I was looking at this stock back in May... I decided instead to dabble a bit with QBID (I'll decide whether or not I regret that...as of now I do)...
However, I'm looking at it again and it's showing a bit of life... It seems to be making a bit of progress from where it was in May and is even broadcasting the New Years Times Square festivities. Now, I don't know what to think...
Should I rule it out? Buy a little bit and check it out? Ahh, we'll see...
Any helpful opinions would be appreciated. I really don't think it's too healthy of a stock... Weren't there reverse splits not too long ago? Just wondering...
-------------------- Remember two things: You love New York City and leave only your footprints. Posts: 1526 | From: Chatham, NJ... and NC-- Wake Forest University | Registered: Jul 2005
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posted
If I'm not mistaken... this is on the R/S list (several over the last few years)... and the O/S continues to be on the rise (never a good sign)... This stock is a "BIG NO" in my books...
quote:Originally posted by mjm2005: I was looking at this stock back in May... I decided instead to dabble a bit with QBID (I'll decide whether or not I regret that...as of now I do)...
However, I'm looking at it again and it's showing a bit of life... It seems to be making a bit of progress from where it was in May and is even broadcasting the New Years Times Square festivities. Now, I don't know what to think...
Should I rule it out? Buy a little bit and check it out? Ahh, we'll see...
Any helpful opinions would be appreciated. I really don't think it's too healthy of a stock... Weren't there reverse splits not too long ago? Just wondering...
But what about trending it? Does it have the volume to get in and out and possibly make some gains? It doesn't seem like you could get in and out quick enough has people probably have orders in dating back quite a bit...
-------------------- Remember two things: You love New York City and leave only your footprints. Posts: 1526 | From: Chatham, NJ... and NC-- Wake Forest University | Registered: Jul 2005
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posted
Run Forest, Run! I rode this stock for a while, it wasnt pretty. The reverse was over the summer I believe, and they had a symbol change. If I remember correctly, reverse splits and increasing the OS was SOP.
Posts: 76 | From: detroit | Registered: Apr 2005
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posted
Why even try on a worthless stock like this? More risk than it's worth (even if it made money it's not worth the chance)... I've learned some good lessons in 2005...
Find a good company away from the pinks...
quote:Originally posted by mjm2005: Yeah, I knew about the reverse splits...
But what about trending it? Does it have the volume to get in and out and possibly make some gains? It doesn't seem like you could get in and out quick enough has people probably have orders in dating back quite a bit...
Capital Change=shs decreased by 1 for 20 split. Effective date=12-7-01
Capital Change=shs decreased by 1 for 50 split. Effective date=4-20-04
Capital Change: shs decreased by 1 for 200 split 2005-07-22
...and they're back diluting like crazy! Last R/S split reduced the O/S to 24,994 shares. It traded over 100M the last two days. Where did all those shares come from. Stop yourself now, man. Go to Vegas put it on the pass line and buy yourself a whore, you'll feel better in the morning.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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I know because I was one of many who watched this stock for like 6 months. We had a post that was 140 pages long. Then, they changed the stock symbol and we created a new post - another 100 pages.
This guy is a total fraud and dilutes his shares into the billions. Then he does a big reverse split and starts all over again.
I am one of many who lost thousands of dollars.
And by the way, nothing is unique about his business model - and don't be fooled - there are about 10 other web sites that have streaming t.v. and offer movies on demand.
Not to mention the cable companies.
DON'T DRINK THIS COOLAID!!!!!
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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