Although he looks alone, somebody wants him on the phone.
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You may be right.
But it's generally better to get in at a lower low, and out at a higher high.
I'm more willing to risk missing a run, than catching a fall.
I'm not in it at all.
I'll get in at .005.
I have yet to be in QASP, but I am certainly looking forward to it.
And when did I ever say this was not a speculative play?
I've been very open about this. I have a standing bid at .005.
Good point pipul.
Anyone who would look at at a CSCO chart and call it a penny stock back in 1990 has just revealed themselves.
It's all about earnings. QASP has yet to prove it can earn money. CSCO made money. The idea that QASP can borrow against equity (I don't believe it by the way) should not be mistaken for earnings.
Debt hurts equity. Share price reflects equity. So inevitably debt hurts share price.
Good post.
I think I read where one person maxed out a credit card for this.
You mean during the buyback that was occuring while the O/S rapidly doubled?
Not a good example.
According to that calendar, the world will end before Mr. Bradley can complete the acquisitions.
If that constructive business consists of selling company shares into the market, perhaps distraction might prove to be a positive for share value.
Wow, I saw ainonline there and I thought you had something which would show QASP was an actual aerospace company.
Too bad neither of those articles are about QASP at all though.
A side note; I've done a lot of avionics work with Stevens there at GSP. Excellent technicians.
OK, fair enough. I'll use those numbers.
Only 220 million? And now approaching 1.5 billion. Wow. I really underestimated.
Even 1.5 B is still a "low floater" by Pink Sheet standards.
Thanks for the answers!
Only 30 million? And now approaching 1.5 billion. Wow. I really underestimated.
Even 1.5 B is still a "low floater" by Pink Sheet standards.
Thanks for the answers!
Yes, I know. Like I said, they are rough numbers. I use them for illustrative purposes only.
Maybe you or others on the board can help dig out some exact figures.
Here's why it matters. Let's pretend Mr. Bradley shows up when the share count was say, 750,000,000 or so and now it's approaching 1,500,000,000.
Just a quick calculation. 750,000,000 * .014 = 10,500,000.
Ten and a half million dollars. But that's at today's share price. It actually looks like he got into this with share price of around 6 cents. Let's say the shares sold into the market went at an average of three cents. 750,000,000 * .03 = 22,500,000. Twenty two and a half million dollars.
And now he's throwing the company deeply into debt, getting ready to depart as CEO, and prepping the "investors" for a reverse split.
A reverse split for the purposes of uplisting of course. Not to give the lenders a chance to recoup their investment through a new round of share dilution, no that wouldn't be the reason.
My numbers above are mean't as a rough example. I don't have the exact figures. Hence my earlier questions. I think this would be a good route to be explored by the board. This could be clarified if we could establish the date Mr. Bradley reverse merged into the EQUR shell, and what the share count was at that time.
We'll all get a good lesson in how the Pink Sheet world works, and be able to play them smarter in the future.
No, that's not right.
But he's probably made quite a few million. Seriously, someone who has been hanging around here since EQUR was dead meat laying on the floor should have an answer. When does Mr. Bradley show up? Give us a rough date.
Here's a question:
When Mr. Bradley got into EQUR; was that before or after the run from .0001? At what point did he make his appearance?
I'm just trying to figure out roughly how much money he's made peddling shares from .06 down to the current price level.
I find that I must carefully review every post I make to that same board you are refering to. I have to screen it for exact compliance with TOU, for it to have any lifetime there beyond seconds.
If you happen to agree with the mods investment point of view, it's pretty much anything goes. I've brought it to the admins attention that the board is unfairly moderated, but to no avail. Hey admins: There is a place in the moderators handbook which points out the need for fairness and consistency.
On the plus side, it has made me pretty familiar with the TOU, and I've gotten better with working within them.
Well I did "DD the living daylights out of it".
And I came to the conclusion that they were misrepresenting themselves in the businesses that could actually be verified as operated by QASP. This led me to become skeptical of the things they claim that I have no ability to verify. Hence, my decision that this was not investable.
But I don't plan to waste my research. I hope to get a few plays out of this.
Nice move higher at EOD, by the way.
In case you hadn't noticed, I'm not advocating investing in this. I'm planning on flipping it.
Emotions are out the door.
And I would imagine that your book has a chapter on the folly of investing in Pink Sheet securities such as QASP.
Think about it. The stock market would not function if everyone agreed on everything about every stock.
I have my strategy regarding QASP, I certainly respect yours. Without each other, neither of us can make money here!
And it's probably not a good idea to base one's investment decisions on assumptions.
Hence my point.
My bid stands: .005
Of course it is. They are borrowing money. Creating an obligation, which must be fulfilled in its entirety before there is one single penny available for common equity.
And if it's not fulfilled, the lender is holding existing shareholder equity as collateral. As QASP dumps shares into the market, it is the buyers of those shares (the retail investor) who are assuming the risk, while the share issuer walks off with a bag of money free and clear.
Yes, because if they really are doing this aquisition (I have my doubts) they are doing it with borrowed money. Sort of a leveraged buy out if you will. Such deals are destructive to shareholder equity. It would make no sense for share price to increase based on such a deal.
.014 is near the high end of the recent average trading range, so no, I do not think it would be wise to buy it here. Buy it at the new low. When everybody is all bummed out and discouraged. This thing is being floated by, to borrow a phrase, "Irrational Exuberance". You don't want to get in a Pink when everyone is excited. Just the opposite.
No, you can't time the market.
I'm just looking where this has been, where it may go. Put in a bid... Set it and forget it.
These tend to run up unexpectedly, and then move back to a new low much more slowly. Most people make the mistake of buying them during the run-up, or during the wind down from a new high. You need patience. They always make a new "lower low" at some point.
I like this because it is early in it's life cycle.
That would clearly be the best time to buy.
This is backing off a run from .0068 in late May. While it is always dangerous to play micro-caps, it's probably safest to buy an active one when it reaches a new "lower low".
That's how I'm going to play this. To each his own.
Oh man, QASP can't even get a flight school certified. That comparison is a real stretch of the imagination!!
Maybe they have a pile of obsolete helicopter parts, we can't be sure about that.
When you discard rumours and look at facts, there is nothing here at all.
Suspicious? QASP borrowing money to fund an aquisition which is basically supported by a non-profit charity?
Where is the benefit to equity in such a transaction? There is none. In fact, this deal as laid out more than wipes out any equity this company may have.
I support the Mineseekers foundation for the work they are trying to accomplish.
But to think that is going to enrichen a bunch of investors in a micro-cap stock which is supposedly borrowing money at huge multiples of it's supposed income is just nuts.
My bid is at .005, aiming to flip above .01
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I haven't paid close attention lately.
Are they finally just going to dump it all and move on to the next incarnation? Enough people seem to have caught on to what this "Investor Relations" firm is really all about. Maybe they are no longer able to fool people as effectively as they once could.
And any retail customer claiming to be picking up .0002s needs to be viewed suspiciously as well.
Sure, it will get to triple zeros. But the story is over at that point.
I'm aiming for .005 only because it's a little under the previous low. It may pop a couple times before that, maybe not, I don't know. But it will certainly get there after the next share restructuring. Whether it is a reverse split, or simply an increase in authorized shares, you know it's coming.
Hey, it's just my strategy.
Another strategy might be to buy this at .014, and with the help of a little math you can figure how rich you'll be when this hits .10 or .50 or even a whole dollar or more. I mean, pick a target and start shopping for yachts. While I respect that strategy, I'll stick with my own, just because I think it's a little more realistic, a little more in line with the normal behavior of a Stinky Pink.
That's entirely possible.
But I just think it's safer to wait for a new low and buy, rather than buy and wait for a new low.
I do like QASP!! I think it has great potential to make me some money.
It's never safe to buy a pink sheet micro-cap.
It's just a little less "unsafe" to buy when they hit new lows.
We're all here to make money. To share research and compare strategies. Seriously, what in the world else is I-hub for?
I have a pretty good idea what QASP is, I've spent a lot of time looking at it very hard. It's important to know every detail of a stock you intend to play.
I'm here because this is active, volatile, and still in a very early stage of the Stink Pink life cycle. My previous pink plays have all gone where this one is heading, (.000x flat line land) and when this one gets there, I'll go find another.
I'm here because I'm looking for that big play. They're hard to find, and you don't get them by buying in after a run like this had in late May. Just gotta have some patience and wait for the next new low.
One thing you have to realize about the stock market... The whole system would break down if everyone had the exact same opinion about a stock. The longs need the shorts, the system needs the flippers. It's better to have the flippers supplying liquidity than it is to rely on the MMs, right?
For every buy there there has to be a sell.
.005 is my bid. Patience pays.
Not that I can place that valuation on QASP. It's just the point where it is a little below the previous bottom, and might be safe for a flip there.
If you take a hard look at the businesses that this company is currently engaged in, what they purport them to be versus what they actually are, then you must take everything this company says and view it in the same light.
This company appears to have no assets beyond four old airplanes registered to Atlantic Aviation, and we have no clue as to whether or not they are owned free and clear, or are under lien.
There may or may not be a pile of obsolete helicopter parts originally manufactured for military export which would be ineligible for installation in U.S. registered aircraft.
Yet we are led through what amounts to really nothing more than heavy hints, that they have been able to offer enough Triple A rated securities to secure well more than a quarter billion dollar loan? While the O/S steadily grows during the all the time, just about to happen, already happened, continuously ongoing share buy-back program.
I mean, this just doesn't pass the smell test.
On the index itself (RIFIN).
Technical indicators are skewed with the two ETFs themselves due to the daily reset.
Company is still going to buy back 20 - 30 percent of the O/S which should be 300-400 million shares starting in July.
LOL, no.
Nothing has happened according to any of the P.R.s. It's always about to happen. Probably any day now. Just as soon as someone else pays for it. Of course even though someone else pays for it all the vast profits will flow to shareholders in a reversed merger stinky pink stock. Yeah, you bet.
To be fair, this has far more going on than most Pinks. They have a few CFI's giving flying lessons and some A&P's working out of a hangar nearby. But no flight school, no repair station.
The only thing you can count on in the latest P.R.s is that the pricipal is prepping his flock for a reverse merger. Just to uplist mind you. Not to pave the way for a new round of share dilution. No no no. Of course not.
LOL.