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I don't know Flaherty, but I hope that the fact that he promoted us, then spoke up again after the decline means something to investors. I emailed the company and asked them to speak up but got no reply. I wish they would put out a PR or do the cusip thing soon. I pray that we go back to $1, and I would love to see the original 1.96 back, I just can't think of any stocks that I know of over the years that recovered like that. I AM SURE THEY ARE OUT THERE, so don't use up posts to prove it to me. I just say that, while they are probably there, I don't know of them. I did see Apple go from $65 to over $500 after the market collapse. That wasn't the same kind of situation that we have here though. I hope that Dr. P is correct in getting to .53, but I asked him if we could expect more after that and he said no. I hope he is wrong about that. I would love to go from .025 to $1.00.
Had I been with the game today I would have sold somewhere around .105 and waited to see how low we were going, then bought back in somewhere around .08 or .085. I would not have sold and walked away because I don't feel that the play is over. I don't know what else to do other than sell and buy back in, improving my position, or hold. It is a very uncomfortable feeling to hold, in case it never comes back. If I could have improved my numbers, if it kept going down later, I would still have the majority of my money when I did decide to sell and walk away. Again, I don't know of any other ways to play this kind of situation. I really do want to keep playing this back up, and so far I still have my 82k shares to work with.
I think you misunderstood my post. I was not whinin g about my loss. I still have my shares, and I know what they are worth if the stock picks back up. I was defending Dr. P and at the same time trying to make the poster feel better. I saw 4k vanish today, probably, hopefully, more than he. That loss was on paper, and was not the fault of Dr. P or any of the other more vocal supporters of the stock and its expected rise in value. I alone made my choice to ride while not at the computer, and I was simply pointing out to him that his decisions are his, not anyone elses. If he is going to play this game he has to be willing to lose a few rounds, no one wins every inning. He has to also realize that the decisions HE makes come with consequences. I am for the stock, and Dr. P, and will use his advice going forward. My mistake today was in not setting my safety net when I left my computer. I am certainly not whining about it.
I am finding that out to my amazement. It is proposterous that we trade at the mercy of a handfull of maipulators. I am new to trading in penny stocks and feel that I want to make a living doing this because of the payoff, but then I find that I have a lot to learn about how to jump in and out and not be caught empty handed when the MMs pull their stunts. Reminds me of the elevators in Germany back in the 50s and 60s, that had open doors and moved up to the top non stop, then down to the bottom non stop and you had to time your steps so you got on at the right time else you got smacked like a bug. I think about the business owners, they must be crazy with rage watching these animals destroy their stock values. And not only is it legal, but the likes of Kramer brag about the tricks they use in televised interviews, all while the SEC allows it to go on. I feel like the Geico Gecko, "my what a strange place."
Hey man, I too lost, I lost 4k this week holding my shares. I can't blame anyone else but myself because of the way I chose to play. Like you, I held due to the bold assertions being made about the increase in price, but when it comes right down to it, no one has a crystal ball. I LOST, Because I CHOSE to go with them. I chose my course with no gun to my head, only blind faith where it wasn't justified. That is no ones fault but mine. Another post said it earlier, about learning our lessons. I literally left my computer five minutes after opening today, and returned thirty minutes after closing due to a funeral. NORMALLY, I would have set a stop market price in case the price dropped while I was not able to react. This morning though, I chose to ride and set a sell at .25 instead. I was banking on the confidence and excitement of others. That was my fatal flaw. I went against my own better judgement. I did that, no one else, just like you did whatever you did, no one else. Lick your wounds and learn from it. You made some mistakes this week that you may or may not ever make again, but you have a gift of knowledge now, so go use it for your future gain. Dr. Penney knows more than I do, but he doesn't have a crystal ball, and it was my fault that I presumed that he did. That was unfair to him, and I would only compound the unfairness by blaming him for my own actions. Never forget, do your own DD, and don't risk what you are not willing to lose.
I'm holding 82000 and following Dr. P. He's got a disciple.
Let him sleep, please.
Thank You.
Dr.,
Does it go anywhere positive after .53?
Not to worry, it will be back up, today or tomorrow. I traded 74200 at .155 for 80000 at .14 and kept a couple hundred for my effort. Then it went to the .13s. I will be back in the green tomorrow if not by close. Don't sweat these little dips, learn to profit from them.
If the company won't speak to the crash, at least Flaherty will.
http://finance.yahoo.com/news/over-100-dimi-telematics-international-140000277.html
Now let me see...just what is it he is saying here? Do I get three guesses?
I have read everything ever posted that anyone can find, including your posts.
Denise, yes you have a right to ask questions and expect answers. I wish more people here thought that way and we might be able to get answers. Just be ready to get a ration of it from those here who believe that we have no right to know anything. We don't have a right to voice concerns and objections to the silence we get from management. In their eyes, somehow the shares that we bought and hold on to have less benefits attached to them than the stock that they bought. They are happy being kept in the dark and fed BS, and that right comes with their shares. But, to them, we don't have the right to question the BS because that right didn't come with our shares. They make themselves feel good with endless immagination, called speculation, illustrated in post after post describing what it is that management is up to and why. How many times have we heard that this 10q or that 10k couldn't contain the truth just yet because they had to wait on the next one in order to let the word out. They couldn't say anything in a 10q because they were not required to post one, and if they did, they would be letting the proverbial cat out of the bag. Well, here we are, just one 10q away from being current and what do we find? It was not their option to post a 10q or not, they most certainly were supposed to be posting them, on time, and it was simply incompetence that kept them from posting them. Further, all of the information that was going to be coming with "the next 10q" simply wasn't there, and now the emotional ones hold on to the story that this last 10q is going to be the savior, and show up all of those terrible naysayers. Well, I certainly hope so. I have twice the shares I started with three years ago. That's right, I have held on as long as anyone, I sold out to the point that I am stuck holding on to the end, whatever that may be. I need for the company to succeed, and want it to as well. I want the next 10q to save me from me and all the other bad guy naysayers who are just trying to hurt the company, AS IF WE COULD. My DD was apparently as good as anyones, because I bought in. But what was good and promising three years ago is not necessarily good today. Have a clue people, get indignent and ask some questions. But in case you just can't tolerate an opposing view, how about ignoring those of us who don't buy into the emotion of it all and desire truth over immagination, rather than always attacking at the first sign of concern.
The institutions will ignore a penny stock anyway. They have enough money that they can wait until it establishes a track record, and share price first. They are only interested in performance. Suposedly they will meet with the management team of a company that is looking promising, and when this point is reached we should be good to go. I just pray that the window of opportunity remains open long enough for our management to get things going on. Even if they were to look at us in this current stage of development, when they see the lack of sales, reporting, etc., they would quit looking until we get straightened out. And as far as it being some ex CFO that messed up and didn't see to it that the reports were completed, the buck stops at Squires. In my company, if things are not getting done, it is due to lack of oversight on my part. Actually, I look at it and see that the reporting was not supposed to be done, and it wasn't. SS had his reasons and we are left out here to wonder and conjecture, but we will likely never know why we got behind. I bought into the stealth thing as a reason for their silence, until reason dictated to me that any competitor that cares to know, knows everything we know, and much more. So the stealth argument to me is a moot point. Not needed, not a strategy at this point. If they were doing things the way they are supposed to be doing them, any research, sales, agreements, facilities, etc., would be legally reported and known about by anyone interested. They can't hide daily business in the name of stealth. Stealth is for different things and different circumstances. No matter where one is at with the politics and beliefs in environment issues, etc., Obama is trying his best to push solar, and Solterra is a solar company in need of funds. Will the funds come with too many restrictions for us? I don't know, and no one else here knows most likely. But is this an avenue that management has pursued? No one nows that either, which makes it that much more difficult to swallow that we don't have any money yet. Or should I say, as far as we have been told, we don't have any investments yet. I sent an email when I first bought this stock inquiring as to whether they had considered looking at government grants for R&D, which was a big deal for Obama, but I got no reply. Businesses get government money every day to get going, and that money is out there and actively being given away for solar. I think we might be cutting our nose off to spite our face to not get all of it that we can. I see both sides here. I am still accumulating when I can, and will hang on until I make it or I will go down with the ship. But I also evaluate what I learn for what it is worth, and I see where one can get very aggravated with the way things are going. This is a real emotional roller coaster, but we are not supposed to invest emotionally. I appreciate the loyalty of Crunch and DD, and I appreciate those who try to hold the company accountable. I think that we should question every single thing that goes on in this company. That is our right as shareholders. When there is no accountability then there is corruption, in every thing, at every level. I think that a campaign of emails requesting answers to anything we want an answer to would be one way to get them. I know that some of you do email sometimes, and get responses, but no real answers. Just remember, if they were doing what the rules say, we would have these answers, current until the most recent Q. I don't see anything wrong with a policy of requesting, and requiring, the answers be given to us. At least with respect to the knowledge that we should already have. And if they don't answer one, maybe they will answer ten or twenty of us. They know what is going into the 10Q's, and it doesn't take them a year to catch them up. I think everyone here would like to have answers, and unless someone can show that something is wrong with asking, I don't see anything wrong with demanding the answers. Just my two cents worth, and still holding and accumulating.
This won't take years unless they keep it under wraps that long. And if they do it will be a mistake. The minute that this thing hits the open market it will go viral. I have watched stock get white hot, and grow 100s of percentage points in a day. This will grow faster than that. We will see the PPS in the $$$ within minutes. It may even slow down at some point, but when people realize what this is, just shake your head and watch. This stock will have viral aftershocks. I just can't understand for the life of me why we are not out in front of everyone NOW. The concept of stealth went away with respect to this stock a long time ago. Folks, if we know what we know about QMC, guess what, so does everyone else that wants to know. If we know we have a disruptive technology, so do the other players. If we know we have a product able to penetrate virtually every market, so do the competition. Nothing has been hidden since the first press releases, and "forward looking" 10Q's. Every company that cares to know, knows what QMC is up to, and I will go one further, they know a lot more than we know. I am still convinced, but we need to crap or get off the pot and get busy making dots for sale, and just in case they are for sale, we need to get busy telling people.
That is the point that I have been beating on lately. People are going to get frustrated and scared, mad, you name it when we hear and know nothing while all of the information that we get concerns the competition. Some of us have seen this for so long that we are more callused to it, and I will admit that it still bothers me when I first see PR's from other companies and none from my own. It takes these posts from DD to remind and re-explain where we are at. To re-focus. I remember when a PR would come out about what a competitor was up to and suddenly ten people were posting and asking questions and PV would quiet everyone back down and reassure everyone and all would be well again. Now it has fallen to DD to do this. I don't know the science well enough and don't have the memory enough about what is posted here, and don't have time enough to keep up with exactly where we stand thus far in the race. I see a PR like this and I like to hear from someone quick that all is still well. I won't knock your baseball analogy because it does apply, but an explanation about what a PR really means to us with our money out there tends to soothe fears better. Some folks don't know where in the game we are, so it seems to the outsiders looking in that we are not even in the ballpark.
Crunch, the frustrating thing for everyone, myself included, is that you have to actually be playing in the game to be able to walk up to the plate to hit the home run. It is starting to look like they want to change all of the rules of play while everyone else is just getting in and playing. As good and disruptive as they are, if they don't get into the game they will never get to the plate, thus never hit the home run.
Thanks B. You were one of the early posters, and I am sure you remember the pain associated with 10q's with no news. There were several of us that found the stock, bought it for whatever reasons, and then wondered what we had gotten into. I wondered, had I just invested in my family's future, short term or long, or had I just pissed away money that I couldn't afford to lose. Then I realized I had committed a cardinal sin of investing, working money that I didn't really want or need to lose. I think that it traded between a dollar and a dollar and a half at one point and I was just hoping it would go back to $.50 when I first bought in. I got a bit ripped catching it on its way down until I could get my hands on a bunch real cheap and brought my average price down pretty low. I was doing anything I could to ease the pain of that first purchase then suddenly it was at a nickel, AND I DIDN'T HAVE ANY MONEY LEFT, BROKE, DOOFUS!!! I thought that I had really stepped into a pile. I read everything on the internet while praying I hadn't just bought a zombie. When I finally ran across this board and read everything they posted for several months and began to see a light at the end of the tunnel. Thank God for the company, THE MANAGEMENT, the stock, and the board members willing to do what has been done to keep us all in the right perspective. We may even lose yet, but just like my brothers in arms from Vietnam to today, we will be doing it together. I will dance and jump up and down like a fool while boarding FG's boat for Denise's house in Hawaii for the big bash of a lifetime. And if anyone wants to protest me and my money, honey, if you do what I have done, pay the dues I have paid in my life to earn and accumulate it then you yell all you want, THEN GIVE IT ALL AWAY, but until then shut the @#$% up AND GO PAY SOME DUES AND MAKE SOME RIGHT DECISIONS AND TAKE SOME GAMBLES WITH SOMETHING THAT HURTS.
Yep, you and PV19 were the ones who took over from DDA when he/she?? just quit one day.
A trip to the past: que up the twilight zone music:
Post 81: From IH8ALOSS, dated May 25, 2009
Treefont,
HGUE had the same kind of statement about the company viability and the disclaimer they may not be able to meet funding requirements in all the previous 8 & 10K's. i.e. Sept = substantial doubt about our ability to continue as a going concern.; Nov. = As discussed in Note 1 to the financial statements, the Company's absence of significant revenues, losses from operations, and its need for additional financing in order to fund its projected loss in 2009 raise substantial doubt about its ability to continue as a going concern.; Feb. = As previously reported, the Registrant will require additional financing during 2009. The Registrant is exploring all avenues of financing at this time and we can provide no assurances that such financing will be obtained on terms satisfactory to the Company, if at all.
SSDD!! The same stuff from the start!! But if you want them to succeed and really believe that they will then ignore the facts. Ignore the very words from the company itself. Buy it, hold it, doubt it, and move on, hold, and buy more. IH8 continues:
So as worrying as it sounds it is business as usual for a startup to CYA. If this helps at all you may want to check out a Startup called Solyndra. Solyndra Offered $535 Million Loan Guarantee by the U.S. Department of Energy, I don't know but if I was CEO of Solterra I would be pursuing some of that funding too!. Also, Solyndra is another private company YOU CAN'T INVEST IN, where as Solterra is public and they also have the ability to raise funding publically by issuing more shares. Not the best way by diluting our holding but it is an option. My take on this is the worst case is they get bought out and I really don't see that happening with all the potential there is. This technology and their breakthrough on reducing the Quantum Dot cost, not to mention what Dr. Jabbour has developed on the flexible thin film sheet side that we haven't heard any thing about yet is too compelling to risk losing the rewards in the future. Hope this helped ease your concern.
No nerve hit, not in my case, just trying to help. I am not an 18 monther but a 36+ monther, I have earned my say. I have seen more 10Q's that were nothing more than a cut and paste from the previous one than some have seen in total. When I say that hope and faith is not a strategy, I am referring to myself, since I don't purchase and hold stock on faith, until now. I have owned and managed small businesses for the last 25 years, and I know better than to hinge my bets on faith and hope in a company. My whole point to DZ was simply to empathize because every single one of us has been there, whether we will admit it or not. There was a time when I had no clue that there was even one other person who owned this stock. I can't tell you how happy I was to find this board, at about 300 posts, and find that there were others who were wondering just what they had bought into. And IH8, I thought he was a company REP. I believe firmly that there would be far fewer of US holding this stock by now had the board not existed. We helped each other hang on when the doubts overcame us, normally around 10Q time, and the cumulative DD and optimism have brought us to where we are now. We dreamed and hoped and had faith and then when the same old dull 10q's with no news came out, we blew off steam, said our piece, said an optimistic thing or two to those more doubtful, and moved on, but more importantly, HELD on. In times since, I have seen the wolves descend on too many during their times of doubt, and I felt that I would give DZ some encouragement before that happened. In my opinion, the wolves who attack the doubters are only doing so out of fear that the doubters are correct. I may be wrong, but to me, the best thing that the members of this board can do is to hang tough together, and pick another member up when doubt takes over, just like we did in the old days three years ago.
Hey DZ, I have felt exactly what you are feeling, even recently. Sometimes I have to stop reading these posts because the endless speculation and optimism becomes mind numbing excuses for a management that doesn't seem to be able to get it right. Then I have to remind myself that I don't have a clue really about what they are up to, or up against and I have to give them the credit due them for their past achievements. Sometimes I have to ask my family to do the same with me. You get over it, then wait, and buy some more.
All of what you say is why I hang on, even though keeping a start-up has been a very difficult and stressful thing to do. I am completely convinced that the company will survive, grow, and prosper to the point of attaining a share price equal to or greater than Apple and Google. If it is the remarkable thing that we invision it to be it may exceed even the wildest expectations. Have you ever priced Burkshire Hathaway? I was in front of the TV when Armstrong landed on the moon with a computer less powerful than today's calculators. I watched with very little interest, if any, when the microchip entered the mainstream of our lives. Now I am a programmer and kicking myself for not being interested in the market at that time. That was back when the DOW traded at less than 1,000, and I remember talking heads wondering if it were possible to reach 1500. I missed the boat back then, but as aggravated as I get at QTMM and the stealth and silence and no news and crap, I stand here patiently waiting on the next boat because I know it is steaming my way.
I remember reading that Apple was a real bargain basement buy at $85. This was late '08 and the market was in freefall and I decided against it and bought HGUE instead. At the time I couldn't get very many AAPL, but could get thousands of QTMM so that is what I did. When I see Apple at $395 I question that decision, but when QTMM hits $5 and more, I think that it can also go to $395, I will forget Apple exists.
"As a person close to the company, I realize you cannot give specifics, but any further statement/info/insights you can provide will, I feel, do more to invigorate us than any other thing."
Hey Solar...did I miss something? You workin for quantum now?
We can play the margin eventually. Catch it early on at $5/share and play it all the way to $200-$300. I don't believe we will need to worry about margin calls with this one.
I have previously stated that I was up to 30,000 shares. DD congratulated me for having a strong position, now I find that I am one of the 90 lb weaklings. Believe me, if I could afford them I would have many times what I have (long term unemployed attempting to build a new business). I continue to accumulate when I can, and I usually pay the asking price and have no problem getting the paltry few that I can afford. It's all good though, when the ship comes in I will be set.
This is a snapshot of where we were at at the end of March. I sure hope that the current Q and K tell a better story. If not...
That is how it works period. In the IT field I have worked with the sqeaky wheels and the good technology both. Being the good product, or the correct product, or a disruptive product is secondary to being the popular product. Our guys need to get us in front of the world quickly or we will be nothing more than an also ran. DD has seen it, I have seen it, and others here as well. I certainly hope the lesson isn't lost to SS.
I would much rather read a current one.
The movement of this stock is not dependent on the overall market trend. I understand that it appears to have followed the market down recently, but that is not the norm for qtmm. You will find this stock to be very stable, but with the recent PR's and expected upcoming information in 10Q/K's I think you will see it trend up regardless of what the market is doing. But that is pure speculation on my part, based on nearly three years of watching it daily. I have no crystal ball.
I was a
dancin, and a singin, and my britches fell on the ground, I was a
dancin, and a singin, and my britches fell on the ground, I was a
lookin like a fool with my britches on the ground
BUT IMA LOOKIN LIKE A RICH FOOL WITH MY BRITCHES ON THE GROUND!
Dr. Bob said all I need to hear. I know he said the same thing last year at this time, but I will take it a year late, or any other way I can get it. I will be glad to celebrate for everyone. Picture me a
dancin, and singin, and jumping up and down I said
dancin, and singin, and jumpin up and down can ya hear me scream, dancin, and singin, and jumpin up and down I said
dancin, and singin, and jumpin up and down can ya hear me scream, dancin, and singin....
OK, Thanx Dr. Bob. My family got so excited over this news, but the board seems so HO-HUM about it all.
Yep DD,
seems like I remember from the start, when I first found this board, at post 300 and something, that you and I were kindred (spelled UNEMPLOYED) spirits. It seems like you had a different name back then but I forget what it was, DMAC or something. And PV19 and IH8ALOSS kept us all up to date. With P19 working for the company now, that was a real motivator to stick it out. I hope you have found something to generate some cash flow. I eventually started freelance web designing, and it brings in grocery money. It is good to have someone here who understands this particular predicament, may it help both of us to hold on until that great day when our PPS rivals that of Google, and we can go ahead and retire to doing something productive rather than just surviving.
Welcome Catani,
For what it is worth, I don't usually say a lot here, other than an occasional gripe about something,and I don't know what to expect concerning sales tomorrow or next week, but this company is one leg of a three part strategy to retore my destroyed financial life. I got rid of my worthless Ford stocks (too early) and bought in over 2 1/2 years ago. At the time I had received a pump and dump email out of the blue and it looked like a potential money maker and I needed money desparately. I purchased a minimum amount, 19000 shares. Due to becoming unemployed from my job as a programmer, I just couldn't afford to risk any more. Once I had the stock for a few days, then weeks and it didn't pump, and I couldn't dump, I started to study it to see just what it was that I was up against. I became fascinated with it and spent the next year doing my DD in order to justify the purchase and the decision to stay with it. Then I found this board and was pleasantly surprised to see that a potential quick little money maker had turned out to be a potential life saver. Although it hasn't taken off yet, I have been able to double and occasionally triple my money after buying in at .09. I have seen it fluctuate back and forth and thought many times about selling and waiting to buy back in, but my luck doesn't run that way. Looking back though, one could have strengthened positions many times if willing to risk losing in case it goes up and stays. This will be my retirement so I have to keep my head and play conservative. I don't play with it at all, I hang on to these shares no matter how badly I need the money because of the upside potential and the retirement that it will eventually provide. I have advised other similarly financially challenged folks to use this company as a vehicle to regain what they lost between the market, lost homes and lost jobs. They watch and wait though, it just gets too hard to pursuade them with the "stealth" and lack of sales and growth. I however, accumulate a little here and there as I can and hold on tight, and I am up to 30,000 shares now. This is a drop in the bucket compared to some of the other folks here, but I have enough that it will restore me financially, and I will look my family in the eyes once again. This is the importance of this company to me. And when I am in deep doubt, I look to the management team for inspiration to hold on. I have always read that the great investors get to know the management before making their decisions to buy in, and we have a world class management team. As mad as I get at the lack of communication, and the "cut and pasted" 10 Q's that we USED to get, I know that this company is going to be a major source of my income going forward, so I am in for the duration. Good luck to you and may we all become financially restored.
Rest easy, it won't be the end of anything. Deadlines have come and gone for 2 1/2 years and SS keeps it going. They are too close now for any agreements to disolve. Rice is holding on for the ride as tightly as we are.
Got another quick 1K @.141. I mean, it was there, why not? I hope it does go to .10, I will buy more. It will go back up later, just like it always has.
So what now, two more years of stealth?
Yes, March 28th, 2011 to be exact. I can't vouch for the honesty of the statement, just that I recieved it from them. I don't have any reason to believe that they would be less than honest about it. We have been awaiting word of a new website since the name change, so I reasoned that they would already have something waiting in the wings, or else I would take a chance getting in on it while trying to find out the status of it. Kind of along the lines of asking for an update without really asking for one.