Although he looks alone, somebody wants him on the phone.
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Yea anyone selling at this price is obviuosly... QASP.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52256220
Another clue that Mineseekers is 'moving on'?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52249751
Earnings.
Oh, no. I think it 100% absolutely real.
I like it: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52247710
No doubt. I think it's great. Just like I think that Mineseeker's goal is certainly a noble one.
I cannot however, see how this changes the value of this stock. This is a all a ruse as far as the value of shares in QASP are concerned. I'm looking to buy at .005 and sell quickly on any run.
I like little kids, but you must be cold and cruel when playing the stinker pinks. Sorry.
It helps bring kids into the industry.
I still work to do the same sort of thing. I made my living from aviation, and continue to participate actively in bringing young folks into it.
You short FAS? I know you can, but why would you?
I'm not sure that such a position makes any sense, when you can just buy FAZ.
Help me out here.
I like this kind of thing!
http://jacksonville.com/2010-07-12/story/kids-have-fun-jacksonville-aviation-camp
A lot!
One would hope not, but it's probably a dangerous assumption to make. Increase in A/S always comes at this point in the Stinker Pink storyline.
That is glaringly obvious.
Management is appointed by the board. The board is controlled by the majority owners. Mr. Bradley isn't there. Kendrick is moving on. Good for him.
The Mineseeker chapter is over for this "Aerospace Conglomerate".
That is exactly the wrong way to play this. Patience. Know your target and wait.
Once the run comes, never hesitate. Sell, SELL, SELL!!
Yes, that is exactly right. T/A tends to support T/A. However, fundamentals always win in the long run.
I picked my buy in point using T/A, and my sell point, as well.
But the fact that I consider QASP to be a non-investment is based on my Fundamental Analysis.
Earnings season is on. Lot of money on the side waiting to get in. While obviously not a financial, Alcoa is setting the pace. There are going to be days when FAZ is the place to be, but I sure wouldn't be a "holder" during earnings season. Remember, money for banks is virtually free right now. I think earnings results are going to be pretty good.
And MLM: I don't know. I thought combining the art of Ernie Bushmiller and R. Crumb was kind of a Porgie Tirebiter thing to do.
Are you trying to imply that because QASP says it in a PR, then it must be so?
I'm not going to bother posting links to all the QASP PRs that have turned out to be, umm, well, now how should I put this... Turned out to have been "Just pulling our leg?"
Who says QASP funded them? Someone got a receipt? What was the 'logistical reason' the trials did not take place?
A lot of things get said here, and after being continously repeated over and over, seem to eventually devolve into the "truth".
I just find it financially healthier to be a skeptic, than it is to just drink the Kool-Aid without questioning the ingredients. That's just me.
I did read it. Look, here is what I come away with: For QASP the Mineseeker thing is all over. Ka-put as far as QASP goes. I hope the best for Mineseeker, I support what they are trying to do. But QASP and Mineseeker have parted ways.
It's time to get back to pretending there is a VLJ, and King Airs on floats coming. Oh, and the light trainer aircraft, fleets of which will be used in QASP's flight school franchises. You bet. Can't wait to see them marketing these concepts right alongside all the other players in this industry in Oshkosh in two weeks and Atlanta in October. I'll be looking for them!
That's kind of my point. If Quasar had a controlling interest the announcement would read something along the lines of: "Quasar Aerospace is proud to anounce the appointment of two new key members within its Mineseeker Operations strategic management team."
When you have 51% controlling interest, *you* get to make the appointments, not the guy you are buying control from.
Kendrick is moving on. Good for him.
It's a Robinson R22.
I think you have this nailed with the Plan B.
It looks like Mr. Kendrick has given up on Mr. Bradley buying a controlling interest. He is appointing his own folks to pick up the reins and move this on down the road.
Interesting. So Kendrick appoints a couple Brits to run this operation. Sounds like he has about given up on the idea that an American "Aerospace Tycoon" is about to buy a 51% controlling interest.
Robinson helicopter. Nice little machines. But they don't have much in common with any pile of 45 year old Huey parts, I'm afraid.
If it comes today, I'll step back. I don't believe in trying to catch a falling knife. I really am looking for it to level off and get there gradually.
Anything under .006 may be a safe buy-in point once this levels off.
But, again... There is the share re-structuring to worry about. That's where the cajones are required. It would be better if they just got it over with.
Possibly. And what is scary about that? Share restructuring.
I would say that flipping stocks will give you a considerably worse return than passive investment in a well diversified portfolio of dividend paying corporations. Indeed, that is how I invest.
But QASP does not qualify as an investment. I've spent a lot of time looking at what this company is not (and that's pretty much everything it says it is) and have satisfied myself that this is nothing more than another typical stink pink stock manufacturing machine.
Still early in it's life cycle, so I hope it has a few more substantial pops to the upside left in it... I'm sure it does. But I don't kid myself about investing in micro-crap stocks. They all end up in triple zero flat line land eventually.
Well... I almost agree with you, but not quite.
There is one person who can predict this a great degree of accuracy. The same person who has made by far the most money with this stock since it was raised from the EQUR ashes. And it is very much in that person's interest to say none is coming until just after it actually happens.
Which makes it very likely that such will be the exact scenario when the re-structuring does come down.
Welcome. Look at the i-box on this board. There is some information regarding these funds posted there.
- Yes, they are voltatile.
- 6 to 10% moves (that's losses as well as gains) are not uncommon.
- Both funds will lose value relative to the underlying index over time, it is how they are constructed.
I agree completely. What's the possibility of a share re-structure coming in the near term? No one can know, just looking for some opinions.
What Mr. Bradley has said regarding the subject is meaningless. He has stated that worry over share re-structuring is ridiculous, and that dilution doesn't matter. So he has no credibility. Because they mean everything.
I don't disagree with that analysis, yet I don't have a lot of confidence that this is showing a true double bottom. I trust fundamentals more than I trust technicals. And my biggest problem with T/A on QASP is, as you point out, the very real possibility of share re-structure.
If I owned QASP at this point, I would not sell. It is very close to my personal buy target, and if support develops next week, I might raise my buy target and get in anyway.
But the share re-structure has me scared. It's an evil stinking joker in every stink pink's deck. You know it's coming, it always does.
No, that is not right.
You have to sell into a run. Just when every nerve in your body is screaming at you to buy more... ya gotta sell.
If you don't have that discipline, you should not be in pinks. You'll just end up another stuckholder looking back at the chart and counting all those missed opportunities.
I don't think you can calculate what a re-structure would do to share price.
We would just have to wait and see where new support and resistance develops. Then bid just under that support level.
It's not hard at all, you just have to pay for them. They are only necesary when you are perceived as a risk.
They are nothing but a default swap. For a fee, someone trustworthy agrees to underwrite the risk. It's insurance.
So in the case of Newby's financing for QASP, the banks wouldn't loan unless the SBLC was 100% funded with cash. So Newby goes out and goes through the motions of marketing this risk, and apparently there were no takers. The swap was unmarketable.
The money guys looked at it, and walked away.
That's why I buy deep in the money. I now I also avoid playing the front month within a couple weeks of expiration.
Now that the VIX is approaching reasonable levels, I might start playing FAS and FAZ options again.
Yeah, I know how they work. My company has one too, also for customs. It's a pain, because they are expensive.
So while the government doesn't trust me, I can borrow from banks without them. Seems that Mr. Bradley can't.
The lenders are requiring a standby letter of credit which is fully funded by cash, and not cash equivalents.
This is a little like walking into a car dealership, and applying for a $20,000 loan. The loan company looks at your credit, and then says: "Sure, we'll loan you $20,000. Just have someone we trust deposit $20,000 cash into an account that we can claim if you fail to pay, and we'll be happy to loan you $20,000."
The whole episode tells me that the banks have looked at the deal, and find it 'not so hot'.
I appreciate that. It may not reach my buy in point before the next run higher. It is part of my risk equation, and is an acceptable risk for me.
In my own mind, it is far better to risk missing out on any run than it is get in too early, and risk having your money go away. Once that happens, all you can do is absorb the loss, or get stuck holding and hoping some of it comes back while the share price bumps along at a level where you should have bought.
If I was a "long" who had rode this down to the current price level, I would be be hanging on and hoping, certainly not selling. Unfortunately that is a rotten position to be in, and while I can have sympathy for those folks, it still does not make me want to be one of them.
Simple terms: I would rather risk not making money, than risk losing money.
I think that is most likely the form it will take also, just because it is far easier to do it that way.
But he has been prepping the flock for a Reverse, so we'll see.
Well, look at it this way. It's always a big risk to play in pinks. But there is big reward to be had also. That's what makes it worthwile.
So what do I want to do? I want to buy when the risk is lowest, and potential reward is highest. So I try to get in these when they set new lower lows. Is there a risk they will go lower? Of course there is. But it is less risky than when they are on the run to the upside.
June 1st was a very bad time to get in this, very high risk then. Right now, hey, not so bad.
The extra risk factor which is in play at the moment and scares me though, is the share re-structuring. It's probably not wise to buy while that is looming.