posted
Jenna, I haven't been following TZMT, but by looking at the charts it does seem like a good play; I don't think it hits its bottom yet though I would wait
Posts: 4071 | Registered: Dec 2005
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quote:Originally posted by SherriT: I also think the MMs are trying to give the people a break...they didn't intentionally short themselves (although if they were paying attention, they would have known they were not allowed to sell those shares)
That would be nice, but I doubt it...
CLYP is a known dilutor, and it has been all over this yesterday and today, watched it shell out about 3 mil shares in about 30 seconds this morning...could pop up, but it looks like the company is dumping shares while the price is up, I don't blame them...all my dumb opinion Posts: 2741 | From: Seattle | Registered: Feb 2005
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quote:Originally posted by Fuzzy1018: If i can recall properly i think this is exactly what hppnd with paiv; went up crazy the first day, came down the 2nd and then it went flying all the way to 33pennies or sumthin
I remembered that it was PAVC after I started digging....it had a nice day, then two closes red (but not bad), then three days of explosive gains. Even if we don't see big jumps today, I don't think QBIT is done...
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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posted
Just f.y.i. I just tried buying, its at a lost of 60% for the day, and could not place the order online, have to go thru broker. I dont think its worth it, anyone thinks otherwise?
Posts: 15 | From: Florida | Registered: Aug 2006
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posted
The online restrictions are only for certain brokers...depending on who you have, Jenna, you may be able to buy. This one made a HUGE gain on Thursday the 7th, and then again yesterday it went as high as 600% (ish) off of the previous day's close. It started running at around .002. Do I think this is the bottom? No. Would I buy here if I had available funds? Yes. They had a screw up where restricted funds were made unrestricted accidentally in at least one major brokers accounts, so there are many people left in a short position. They will have cover - when, how much, and at what price, who knows...
Make sure you do your research on companies before you put much (if any) money in. There are people on these boards that will help you lose your money intentionally. I'm not one of them, but they are everywhere....
Edit: Ones that run like this you also need to watch like a hawk. It goes down as fast as it goes up sometimes with no rhyme or reason - just my two cents.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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posted
Thanks Sherri. I appreciate it! I'm with Scott. I am a regular at trading the "Bigger" stocks, & I do exactly what you are saying I watch & watch & I buy low, sell high, (the Trading World's motto). But you've helped me a lot, the pennies are much riskier, & a heck of a lot scarier. I'm Glad you were in this one when it ran!! Good Luck!! Right now I have PHBT & I'm holding waiting for a run it's as low as it can go .0001. Waiting for a patent. Hope the bouce for QBIT is HUGE!!!! Thanks again SherriT
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
messed up day today, but there many good days to come for this one imo. Once the online buying/selling restriction is over and when people who are short have to cover we should have a great run
Posts: 4071 | Registered: Dec 2005
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posted
qbit rolled out nicely for me yesterday...picked up another batch today after selling it yesterday at .0095 with a 250% profit. I picked this up last friday and flipped a five days later. IMO...I don't think it is dead yet.
posted
Official numbers of how many restricted shares hit the market not available yet (not sure that will be any). OK, trying to do the simple math…
QBIT has issued 139,375,000 shares at 07/31/06 10-to-1 forward split has been completed on 08/31/06 140mil x 10 = 1,400,000,000 where 1,260,000,000 are restricted
Since August 31 QBIT is traded 546,560,865 shares
Now look at assumptions: 10% of restricted shares hit the market 10 % of 1,260,000,000 = 126,000,000 – maybe but QBIT wouldn’t do 153 million on Thursday 20% of restricted shares hit the market 20 % of 1,260,000,000 = 252,000,000 – most likely (based on trading pattern) and at least more 120-150mil will need to be covered 30% and up – do your own math…
I think that we’ll have few more runs during next week.
Posts: 1580 | From: World | Registered: Jul 2006
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posted
i'm guessin that it will petter around .0031-.0038, might hit .0025 then wed pop to .017-.02 ,, of course jist a guess , but that has been the pattern , so i think i'll buy back on mon er tues ,
-------------------- PREPARE TO BE BOARDED Posts: 742 | From: SOUTH CARRIBEAN | Registered: Mar 2006
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posted
Does anyone know how long they are holding for retricted shares ? I got 477,000 shares but can't sell or not in my account yet !
Posts: 156 | From: Rochester | Registered: Sep 2006
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