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Appreciate what you are able to discuss and respect what you don't feel you should discuss on an open forum. More posters should follow your example.
Makamai
Based on your chart Brikk, QASP has been consolidating in the present range for over 6 weeks. Consolidations of this sort tend to store a lot of breakout energy to continue driving the stock price for a long period of time once breakout occurs. Really looking forward to this next run - it ought to be impressive.
Makamai
However every time we have popped above the upper Bollinger Band, the MMs have slapped it down by the close.
I hope the company will realize that now that the merger is complete, they should do a forward split to increase the free trading share base. I think they are maintaining a low profile at the moment because someone could conceivably buy up the present float. From the filings related to the merger, there are a lot of restricted shares, however I think the overall O/S is also quite low.
Makamai
Aloha Maone - I've owned MDOR for over 5 years when it was a mining play. Believe me, they have the goods - they recently purchased the largest tire dump in the US in Colorado, they have used 14% recycled tire specially activated powder to manufacture tires which have gone through very stringent testing by the Malaysia Rubber Institute and passed where no others have before, and they are in the process of preparing to manufacture fine powder compounds that will save the rubber manufacturers money by using less natural rubber.
True they haven't a lot of income reported as of yet, however their last 10QSB was as of 6/30/09. Their annual and 4th quarter report will come out early January. Today they announced: HUDSON, Colo., Nov. 23 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc., releases the Fox Business Network initial airing dates for the Environmental Clean Technology TV Series. This segment includes footage of Magnum's Magog (Quebec) Facility, Magnum's Hudson, Colorado Facility as well as exclusive footage of Ex-White House Chairman of climate change, Roger Ballentine with Magnum's CEO, Joseph Glusic......Circulation will include a combined audience of 114 million cable households; including 650 Million Viewers on Internet Television. Roger Ballentine will be hosting it. About: Roger Ballentine: www.greenstrategies.com/aboutUs/bioBallentine.html
All in all this is a good long term play IMHO
Makamai
First time I've seen 2 911 trades in a row at EOD...we'll find out if there is any significance to it tomorrow..
Makamai
I'll add it to my favorites...
Maone - as MOD for TSHO, you are certainly liberl with letting the last several posts get way off topic...Back on topic, I've included a chart below: Looks like we are consolidating at the upper Bollinger band at present - news will break through it, no news and the stock could drift down to the lower BB.
Makamai
Here is another way to look at what we’ve got with QASP. What we are basically getting involved with, is an Initial Pubic Offering (IPO) at an unbelievably low offering price of a penny stock. We have the opportunity to buy shares in a company before it is put together into a conglomerate. IPOs on the Nasdaq and other big board exchanges have all but dried up until just recently as pointed out in the article below. Dean’s approach of buying a shell and then adding business entities by means of acquisition is far cheaper than going through the IPO process, and his means of financing the acquisitions has far less risk, since he doesn’t need to rely on the market to fund his acquisitions.
Makamai
Why the Latest Trend in IPOs Is Great for Penny Stock Investors
Oct 2nd, 2009 | By Jonas Elmerraji | Category: Featured, Investing Strategies, Penny stocks, Pink sheet stocks
This quarter, we’re all but guaranteed to witness more companies go public than we’ve seen in the last three quarters combined. That’s a prediction that isn’t just significant for investors who want to buy shares of the latest IPOs – this latest trend in the public offering world could mean serious profits for all penny stock investors. Here’s why the biggest Wall Street just turned bullish on small caps…
Earlier this week, battery maker A123 Systems (NASDAQ: AONE) commenced public trading of its shares, raising more than $340 million in the largest IPO of 2009. Those who got into the stock early have been rewarded handsomely – shares are up nearly 70% right now. But AONE is only the latest in a string of initial public offerings that capped off the biggest week in IPOs since 2007.
To be fair, that hasn’t been a difficult benchmark to beat. Since the fallout from the credit crunch began, the IPO market has deteriorated to the point where only a single U.S. company went public in both the last quarter of 2008 and the first quarter of 2009. Things heated up again last quarter with 13 public offerings, but those numbers still paled in comparison to the 95 stocks that traded for the first time in the last quarter of 2007. Now, with murmurings of the recession’s end upon us, the bullish signals from an IPO resurgence shouldn’t be ignored.
Not everyone agrees with that prognosis…
“The fact that the many in the media are classifying three IPOs as a resurgence is evidence of how low our expectations have become,” National Venture Capital Association President Mark Heesen said in a statement picked up by Reuters.
“[This] not the direction we hoped to see. While the psychology of the market is trending positive, our original forecast of a true recovery not beginning until 2010 still unfortunately holds true,” he continued.
And while Heesen’s concerns about the IPO market’s recovery have been echoed throughout Wall Street this week, it’s inaccurate to say that a recovery in public offerings isn’t happening right before us. At the start of this week there had been 11 new public offerings in the third quarter of 2009. That’s a huge departure from the nearly post-mortem IPO market that we were in the midst of six months ago.
IPO bears lost more credibility on Wednesday when Talecris Biotherapeutics (NASDAQ: TLCR) went public, breaking the year’s domestic IPO record for the second time this week. The biopharma stock raised $950 million in its offering, the biggest IPO for the sector since 2006. The Talecris offering comes after China State Construction Engineering Corp’s record-breaking $7.34 billion IPO on the Shanghai Stock Exchange, and a week ahead of Banco Santander’s public offering next week, which at $7.25 billion will once again bust the year’s record for the biggest American-traded IPO.
What were the “experts” saying about a dead IPO market until 2010?
And with some exciting companies filing to go public in the coming months – including NewEgg.com and Dollar General – things aren’t slowing down yet. To be clear, a strong IPO market doesn’t necessarily say much about stocks in general. The S&P 500 has already slumped 2% this week despite all of the offering activity that’s happening before us. It does bode well for small-cap stocks, however…
There’s a big argument going on right now among the vast majority of investors: some are claiming that the market is perfectly primed for a 10 year bull rally, while others are bracing for the next market correction. But in the small-cap world, things move very differently. Every single U.S. IPO this year has been a small-cap stock, which tells me that the investment banking syndicates – which have some of the most advanced market data available – are bullish on small-caps.
Why does IPO activity suggest where the big investment banks are putting their money? Studies by Nobel Prize winning economists Franco Modigliani and Merton Miller showed that, historically, investment banking syndicates and venture capital firms will not push companies to go public in a down market. That phenomenon actually makes a lot of sense, because in a bear market, investors are willing to contribute far less money to a stock’s underwriting premium – the “commission” that an investment bank gets by selling an IPO’s shares for more than they paid.
By unleashing primarily small-cap IPOs so far this year, evidence points to growth opportunities in the small-cap space.
So, how do you make a play off the potential of penny stocks? Look for small-cap plays that remain deeply undervalued to capitalize on the buying that’s going on right now. That’s a more difficult prescription than it was six months ago before the market rally, but ignored penny stocks still remain one of the last vestiges of value right now.
It’s also important to keep in mind that sentiment is prone to change. While small-caps might be a favored market space right now, a huge drop in the rest of the market will undoubtedly take penny stocks with it. We’ll continue to watch broad moves with our Small-Cap Recovery Index for that very reason.
There’s little question that IPOs are having a fantastic quarter, one that will break records for the year once all of the numbers are crunched. And as long as the industry’s experts continue to be disappointed in the wake of unrealistic expectations, most investors will miss the growth sentiment in small-caps. That makes right now a perfect time to position your portfolio.
Cheers,
Jonas Elmerraji
October 2, 2009
http://pennysleuth.com/why-the-latest-trend-in-ipos-is-great-for-penny-stock-investors/
I never miss it when staying in Waikiki...now all we need is to get these acquisitions closed so we can all afford to stay in the PH Suite.
Makamai
The Royal Hawaiian Hotel completed renovations earlier this year, also just opened the new Trump Tower on Beachwalk plus we have the Convention Center to hold the gathering so lots of options.
Makamai - Makakilo
Why not suggest to Dean that he hold the Annual Shareholders Meeting here in Hawaii - a fitting place to celebrate with Dean and company his dream finally coming to fullfilment after over 4 years of planning and hard work.
Makamai
Another plus for the company is it's less expensive than the big board.
Makamai
The sooner Dean gets us off the Pinks - and on to the OTCQX, a relatively new exchange, at a minimum, the sooner the MM manipulation will be minimized. If enough folks request it when e-mailing him or talking to him he might raise it on his list of priorities. See the advantages of a listing on the OTCQX below:
The OTCQX marketplace is the premier tier of the U.S. over-the-counter market.
Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange.
Who Should List on OTCQX
Many U.S. companies list on OTCQX as the final step toward a NASDAQ or NYSE listing. Others enjoy the efficient compliance-driven model it offers their shareholders outside of a traditional exchange listing which may come with considerable cost savings. For companies moving off an exchange, OTCQX is the ideal home that provides most of the services they and their shareholders have come to expect on a listed market.
Why Investors Prefer OTCQX
Investors prefer the quality controlled listing process on OTCQX which identifies the segment of OTC-traded companies focused on valuation and transparency. Companies that list on OTCQX demonstrate their commitment to providing superior information to shareholders and maintaining the highest quality standards.
OTCQX is fully electronic and gives investors access through all major online and full-service brokerage firms in the U.S., including Schwab, E*TRADE, Scottrade, TD Ameritrade, and Fidelity. Trades are settled and cleared in the U.S. similar to any NASDAQ or NYSE security and trade reports are disseminated through Yahoo, Bloomberg, Reuters, and most other financial data providers.
In addition, Real-Time Level 2 Quote Display (full quote montage) is available free to the investing public.
Services to Issuers
OTCQX provides services to companies which enable them to stay informed about their trading activities, while OTCQX shareholders and investors benefit from transparent trading and easy access to company information.
OTCQX includes:
· OTCIQ - Market Intelligence for Investor Relations officers. Providing real-time quote and trade data as well as historical trading data
· Weekly Market Report summary of your security's trading activity, which can be conveniently distributed to your board, management team, and shareholders
· Access to the OTCQX Market Center in New York City to conduct investor meetings and conferences
· Blue Sky Monitoring Service so brokers can discuss and recommend your company's stock to their clients
· Market Services Specialist that is available to answer your calls and assist you with any questions you may have on your security's trading performance and market makers
· Ability to display real-time level 2 quotes on your investor relations website
http://www.otcqx.com/otcqx/home
We are approaching Power Hour - lets hope we still have a bunch of folks who were waiting for a bottom and will now jump in and keep the drive alive...
Makamai
Nice to see a little trading activity for a change...
Makamai
F.I. - I'm extremely optimistic about this stock overall, however until the acquistions begin being announced, unless we have NRs that generate a lot of buying, the MMs have made it rather clear that they are keeping a lid on the stock for whatever reasons they have. Hoping that the word spreads about the financing terms tonight resulting in a high volume day tomorrow with the breaks no longer applied by the MMs....
Makamai
I certainly hope you are right, as we have been at these levels long enough. However the NR came out at 3:37 PM almost at the close, so there wasn't much time for the MMs to react. We'll see how things go at tomorrows open...
Makamai
Not to throw a wet blanket on your enthusiasm, but after the Friday NR announcing the loan, the MM's pounded down the SP. Unless the volume picks up on the ask significantly, the result could be the same tomorrow...IMHO
Makamai
I wouldn't wait to buy cheap shares much longer. This gives the company complete flexibility with 3 repayment options that will allow them to focus on the bottom line without having a heavy financial burden to take care of each month.
Makamai
What AWESOME terms - Quasar has three options for repayment: (1) an issuance of the Company's common stock equal to approximately 9% of the common stock outstanding as payment in full of the principal, (2) extend the loan for two successive five years terms, or (3) pay off the principal and any accrued and unpaid interest
It's nice to know this sort of funding is available in Europe where US restrictions aren't applied "The funding transaction is structured as a loan, the proceeds of which originate as part of a $1 billion bond issued by Inver Finance Ltd., an Irish corporation.
Makamai
Happened to me yesterday - I put in an order for 100K at the ask, got filled at the bid - go figure?
Makamia
Aloha Brikk - glad you decided to convenience Ray with questions in advance as I had suggested. He will now be able to respond more completely and more accurately, without potential compromise to public disclosure, rather than for you to attempt to gain spontaneous responses off the top of his head for whatever reason you had in mind, as you initially planned. Now he can work in responses around other more important matters that are on his plate, and get back to you in due time.
Makamai
From the Chart below, it looks like soon after the open, we bounced off the middle of the Bollinger band resistance in the trading range we've been in for the past few trading sessions. Tomorrow's another day...
Makamai
I would agree for the first 4 acquisitions anyway - as stated in the NR, Dean has some more DD to do on the last two.
Makamai
SSGI showed up briefly on Friday and then disappeared.
Makamai
I would tend to agree with you that acquisitions #5 & 6 will be big as far as revenue goes, considering what Dean has indicated he is paying for them, however we don't know if they are profitable at the present time, so we can't say for sure what affect they will have on the pre tax earnings.
Makamai
Just keep in mind that we know, based on NRs, that the first 4 acquisitions are profitable. I would say that is quite unusual in the aerospace field in today's economy. We don't have any info on acquisitions #5 & 6. In today's market, if one were to err on the side of caution, it would be best IMHO to assume they are presently not profitable, but with the synergistic effect of the conglomerate could become profitable. Just an observation.
Makamai
Why Buy QASP - see the chart below which has made a bottom, and todays news states there are 6 acquisitions and $350 million in financing has been secured and closing to be within 30 days - now in today's business climate, you must have some serious confidence in a company to loan them that kind of money.... See NR above the chart.
Makamai
Quasar Aerospace Industries, Inc. CEO Dean Bradley Announces $350 Million in Funding Is Secured
Source: Quasar Aerospace Industries, Inc.
On 1:00 pm EST, Friday November 13, 2009
JACKSONVILLE, FL--(Marketwire - 11/13/09) - Dean Bradley, CEO of Quasar Aerospace Industries Inc. (Pinksheets:QASP - News) has been assured by their funding source that the entire $350,000,000 (350 million USD) will be closed and settled no later than December 15, 2009 and will start closing the 4 acquisitions immediately thereafter.
The extra $200 million dollars will allow us to close acquisitions #5&6. We have started the due diligence process on these and will be acquiring both of these in early 2010. These additional acquisitions and additional funds required to purchase them have contributed greatly to the delays we have experienced. We thank our shareholders for their patience as we progress from planning to implementation.
The 0.0145 missed 4PM by 1 second....
Makamai
Hoping that's the case, but it's nice to have it wrapped within a reasonable timeline, considering we're talking that much money.
I'm thinking that Dean wants to make sure things happen within the next 30 days, so by putting out this NR, he is also putting pressure on the lenders to make it happen - that's what I would do anyway...
Makamai
That's some excellent DD on the poster's part - simply fitting the pieces of the puzzle together. I suspect that is where Dean went on his trip - to Seattle, which would be a good sign that the finish line might not be that far ahead IMHO.
Makamai
Hopefully your next trip will be a little more eventfull, in celebration of your success with QASP where you can now afford to fly first class with the family and stay at a resort hotel. Always gives yourself plenty of time to relax so you don't get home and need to recover from your vacation (lol).
Makamai
Aloha GamblerNC and welcome to the QASP war room so to speak. I haven't visited the company as of yet because I live about 5,000 miles away, however that will be part of a future trip I'm sure. Done a lot of DD on this stock and own a lot of this stock, snapping up some at .013 and .0134 today. Can't go wrong at these prices and every day is just one day closer to the grand announcement that will silence all the nervous Nellie's once and for all.
I too would like to pass on my kudos to all who have served our country in the Armed Forces. I worked for over 32 years at Pearl Harbor NSY supporting our naval fleet keeping them "fit to fight" and enjoyed every minute of it.
Makamai
Did you happen to pass on the 20 questions to him, so he would have a little time to prepare more concise answers?
Makamai
If you were comfortable in your DD, you wouldn't make a statement like that. I wouldn't have invested in this stock if I had any doubt whatsoever that these acquisitions wouldn't take place. I'm also a realist and know that good things take time, great things often take a little longer and I'm willing to wait the wait until the pieces are put in place. Just one acquisition is hard to manage - can you put yourself in Dean's shoes for even 1 second and imagine how difficult it must be to manage the fulfillment of 6 acquisitions?
Makamai
I'm psychic - my DD allows me to see well into the future - so what's your excuse for your lack of DD?
Makamai
I'll second that suggestion Doughboy - the questions folks want answered at the present time he can't answer until it's made public in an NR so no point in a CC until the acquisitions are announced. Then it would be nice to know future plans, anticipated annual revenue projections, and questions that will develop once the pieces of the acquisitions are put in place...
Makamai
All we need is every Tom, Dick and Harry calling Dean to distract him from far more important and immediate matters at hand, to ask the same old questions again and again. Give the guy a break folks and let him take care of buisness and we will get the answers we are all waiting for a lot sooner than later...
Makamai