Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If you where a bank, you would give a company a 15m bridge loan if they have nothing to show you how to pay it back?? I guess your answer has to be NO... ;)
You hit the nail on the head, and this is an excellent point. The only remotely rational way that you could argue against this point would be if you said "Well, there is no evidence that this loan exists, it could just be made up."
But it would be ridiculous to believe that one day Dean decided to just blantanlty commit verifiable fraud by issuing this PR. That makes no sense whatsoever, regardless of what you think his true intentions are.
Conclusion: The bank has seen verifiable evidence sufficient to extend a $15 million bridge loan to QASP. When we, as shareholders, are allowed to see this evidence (rationally, this would occur at the conclusion of the buyback), we too will be rollin' in the dough
Well played, my friend.
Next week's trading action here should be very interesting!!!
Of course, when you post that, you assume that the buyback has stopped, or will not continue...
Which there is absolutely NO evidence for...
Where did Dean indicate that 7mil had been bought as of Monday?
Agreed. I was shaken out of SPNGE during its dip to .013 before it ran to .25+
I have not made that mistake since, and will not make it again. Especially with QASP.
October 17th? I thought it was just generally "mid october".
Sorry don't have time to go back through the postings right at this moment, but i'll try to do that later.
Great DD man, much appreciated!
Nice DD, thank you!
PPS drop makes perfect sense...
1. The company announces last week that they will start a buyback. A few posters confirm that Dean will start the buyback this week, Tuesday at the latest (can't remember exactly which posts, but they are there if you'd like to look).
2. Why would the company announce the buyback if they knew this news would cause an immediate jump in PPS, and without any way to mitigate or minimize that jump, the company would be forced to buy back at a much higher price. It makes sense that they'd like to buy back at a lower PPS, and since the buyback was projected to start on Tuesday, well...here is your lower PPS. Company is able to get more shares for less. Whether by MM manipulation (see buys vs. sell ratio) or some other means of keeping the PPS artificially low, they will be able to buy back more.
Agreed.
This seems to be the perfect confluence of a competent CEO, excellent business model, buyback program, lucrative acquisitions pending, and an already low float/OS.
QASP is certainly a great stock to be holding at this point.
HOOAH!
Thanks for the update!
Owned!
nice one JR.
My goodness these posts just keep getting funnier and funnier!
All the while, so many trading accounts continue to grow in value
Congrats all QASPers!
LMAO!
Absolutely not, and you know it!
If you bought in today, you are still making money. But those of us that bought in down there...we are making a KILLING!
Have fun on the sidelines watching haha...I'll spend some money for you
LMAO!
Your stated reason for spending so much time on the QASP Ihub board, when you have clearly said you divested yourself a while ago, is...pride?
Hey man if you wanna spend your free time that way while the rest of us who bought in at .017-.022 are making a killing, be my guest!
Hope you're enjoying yourself. I know the rest of us are enjoying our money
Great day today!!!
And surely more to come as the buyback progresses...Dean kept his word from last week, and delivered the buyback PR.
Well done.
Pure nonsense on his part. Note post # 25016 from September 1st, where he talks about how without significant news, the stock is headed for .01
He also said that he anticipated .012 within a week.
Nonsense posts. Not even worth a reply. QASP has a CEO that is willing to keep us updated, with major financing and aqusitions on the way - the FUD will only last so long. It disappears during every run anyway.
Posted by: stockdiety Date: Friday, September 11, 2009 4:07:57 PM
In reply to: Mustang66 who wrote msg# 27269 Post 27280 of 27285
i give you proof and you choose to ignore it.the float is now at 120 million from 60 million.the o/s is over 300 million from 200 million.where did all the shares come from and go..sold into your buys.what dd do you have on the aquisitions or the funding ...other than from a ceo that sends personal emails to stock holders on there plans..which i do not think is even legal..but hey this is my last post here for awhile.i truely wish the longs here good luck.and i pray i am wrong.just wanted to warn those who were considering buying to way the good with the bad.have a nice weekend...
--------------------------------------------------------------
You have got to be kidding me.
You think it is illegal for a CEO to send personal emails to stock holders on [their] plans, like the one that Dean sent? Seriously? How long have you been in pinks?
If you think it is illegal, and you are truly here to inform new shareholders as you claim, then why not report that to the SEC, and see how far it gets you.
Hilarious!
Where are all the posters who so often proclaimed they were so confident that this would "dip below .015" so they can pick up more shares?
Anyone? Anyone?
Excellent-looking chart here! Looking to add more next week if I can get in below .25
Agreed! Excellent post
Here it is:
Posted by: samplescave Date: Thursday, September 03, 2009 3:47:16 PM
In reply to: Ichimoku who wrote msg# 25691 Post # of 25744
Ichimoku, it was posted here that Dean said a QASP PR was supposed to come out today.
What happened to that?
--------------------------------------------------------------
Dean never said this, and you know that. One poster said Dean was "shooting" for today for a PR, but that was it.
Dean never said a PR was "SUPPOSED" to come out today.
samples, this is very simple.
'djpm3' posted that the CEO was "shooting" for a PR on Thursday.
Then from that, you posted that a PR was "SUPPOSED" to come out on Thursday.
But no one ever said a PR was SUPPOSED to come out on Thursday! The fact that you keep changing your wording around indicates that you KNOW you intentionally made this up! Good try though!
Thanks!
samples, you simply don't understand.
You cannot, at all, provide me a post that said "QASP is SUPPOSED to" come out with a PR today.
The CEO may have been "shooting" for a PR today, but that is FAR different than a PR that is "SUPPOSED" to come out today.
Yet you claimed a PR was SUPPOSED to come out. But by your own admission, there was never a message saying a PR was SUPPOSED to come out. If there is a message that says a PR is SUPPOSED to come out (and not "the ceo is 'shooting' for a PR on thursday") then please post it!
It's that simple!
Thanks!
I see.
But samples, you claimed there was "supposed" to be a PR out today.
But I only see an email saying they are "shooting" for a PR today.
I'm sure you didn't mean to spin this negatively, so let me clarify for you: No one ever said a PR was SUPPOSED to be out today.
That's great if the company was "shooting" for today based on the claims of one poster on a message board, but if you accept that as a guarantee, then I would advise you to rethink your trading strategy.
Thank you for confirming that a PR will be out on Tuesday - hadn't heard that before
That is demonstrably false. No one EVER posted that a QASP PR was "supposed" to come out today.
I believe, as per their messages, that they're still waiting for .015 so they can buy.
LOL!!!
For many of us, it already has :)
Continuing towards HOD!
Just like I said, NYPD...
Assinine prognostication.
No problem dogma, that's a good suggestion.
I'll space it out in smaller lots over time so as not to ruin it for the longs.
Best of luck!
I agree.
I plan to sell out my 2.5 million shares tomorrow and potentially get into something else. It's been good for a while, but Watson has just failed to deliver on too many occasions.
If he eventually does produce a meaty PR I will hop back in, but until that time I may trade elsewhere.
Best of luck to all!
Picked up 200k @ .0215
Thinking of adding much more tomorrow
Agreed -
I have not been filled either. Ridiculous!
When this goes - it's gonna REALLY go.
IMO.
Perhaps related to our friend wink-wink?
Klop,
Excellent job with this post from yesterday:
it should bounce and close near and above 0.003. dma20=0.00298, dma5=0.0035
the only reason it would not bounce, would be the effect of how the mm uses the 6m+previous odd shares sold by the t-trades. will they short or will they sell them higher? my read is this mm wants pps higher. let us watch.
You, sir, are a scholar.
Mr. Wink-wink DID say that his next goal was to take this as close to $1 as he could...
Obviously, that may take more time, but I wouldn't be surprised...
A few of us ought to make sure we post some good DD on the BREAKOUT TRADERS forum and the DAYTRADER'S FORUM.
These are generally pretty popular boards, and can attract much attention. I actually began scooping up GRDO shares after seeing it mentioned on the DAYTRADER'S FORUM, but quickly realized that if I was going to flip, I'd quickly be left behind.
So I started accumulating, and haven't stopped!
Wariv,
I agree. As an active duty Army Intelligence Officer, I've seen firsthand the damage that the (intentional or accidental) release of PII (Personal Identifiable Information) can have on service members.
Identity protection, especially in the age of such rapidly expanding technological innovations, is becoming almost as necessary as other more common types of insurance (auto, home, etc) that people must have.
For a DoD contract, GRDO would certainly have to demonstrate that it has both the capability and the resources to provide such a large number of service members with an adequate amount of protection - but if it could do this, the possibilities are endless!
One team, one fight