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.44s coming in about 1 minute if this keeps up.
:) Let the games begin!!!
The last few minutes on this pre-market action looks just as shady as the garbage happening during normal hours >.>
Still optimistic though that this is heading north in a hurry.
Pre-market hits .44, then some douchenozzle puts in a .43...nice.
Either way, looking mighty fine today :)
.2-.25 trading range with an evaluation of .65?
Near impossible.
MARKET TALK: BioSante Pharma In Freefall After Test Results
Last update: 12/15/2011 7:47:23 AM
7:47 (Dow Jones) Shares of BioSante Pharmaceuticals (BPAX) drop over 70% premarket after the company reported disappointing clinical test results for its female sexual dysfunction drug LibiGel which failed to perform significantly better than a placebo. Oppenheimer drops coverage, Roth Capital cuts to neutral valuing the company at 65 cents a share without LibiGel, while Leerink Swann and Rodman & Renshaw both lower shares to market perform. BPAX down 72% at 58 cents. (patrick.sullivan@dowjones.com)
Call us at (212) 416-3100 or email patrick.sullivan@dowjones.com
(END) Dow Jones Newswires
December 15, 2011 07:47 ET (12:47 GMT)
Saw this and was intrigued that the stock was valued at 65 cents per share WITHOUT the LibiGel, yet it has hit a low in the mid 40's. Just crazy selling and panic apparently.
Big investors will come...get what you can at whatever price you can for now :)
MM's look like they want to play around with this again for at least a short amount of time >.>
Haven't posted in a while, but either this has been the biggest shake in the history of stocks or someone is just playing around for their own enjoyment between red and green days.
Something good has to be coming or maybe I am just seeing things.
GO QSGI!!!
From most of the lawsuits that IBM has gone through pertaining to anti-competitive practices, they just spit out a figure for a settlement, it gets haggled over, an amount is agreed upon, is paid out, and they pretend it never happened.
At least that is how I see it.
GO QSGI!!!
It gives people something to aim for and helps entice people into buying the stock since they see that someone else bought in much higher, making it look like bargain prices below that mark.
Even without the morning paint, these are still bargain prices compared to where I envision this after the official sign-off.
Just waiting as usual...not getting discouraged at all.
^^ everything IMHO.
GO QSGI!!!
Love my gut feelings :)
Didn't go all crazy, but I did say "to an extent."
Ya...just got home from work and didn't feel like posting via cellphone during the day.
Looking nice :)
GO QSGI!!!
Just opinion but...
I had this gut feeling this morning that this was going to be the breakout day to an extent.
Usually is a good sign...at least for me.
Wait and see I guess.
GO QSGI!!!
Just noticed that we are number 30 on the Breakout Boards.
Haven't seen us on there for a while...this is good :)
Fun times ahead it would seem.
GO QSGI!!!
I am honestly completely bewildered right now.
Am I actually seeing over 56k volume in under 15 minutes on this stock?
reversal on the horizon?
possible news coming?
volume and support coming?
...or just wishful thinking?
I'm just in complete shock at this point and am just perplexed by random volume all over the place...every day is just a new experience on this stock it seems lol
GO QSGI!!!
Still here.
Watching and waiting.
Just sick of certain people and treatment.
Soon...soon.
GO QSGI!!!
As a matter of fact, I am on vacation in New Hampshire typing via cell phone ;)
I just think a law should be made that tells brokers that they have to make shorting stock affordable for retailers so we are not at such a disadvantage compared to the MMs...that, to me, would be more effective ;)
As many have stated...we are just sick of the crap that happens when you buy shares and immediately are met with some d-bag that just has to either drop the ask or sell at the bid for no logically apparent reason.
When MM's stop pulling crap, volume will follow with upticking as a result.
I suspect some d-bag from ihub just did that 100 share bid-whack just to support his/her theories on this company even though they are artificial.
Definitely going to be an interesting day in QSGI land...time will tell.
GO QSGI!!!
just witnessed that end of day battle on the bid and ask...just childish.
We are green though on a blood-bath of a day :)
CHOO CHOO GO QSGI!!!!
edit: Nice...and still don't understand why the MM's are up the butt of this thing...short I would assume jeez.
They're scared ;)
Would be nice if a baby whale came in and bought like 100k shares and brought us there ;) lol...probably not, but I can dream.
GO QSGI!!!
All prices aside, I'm just glad it is starting to trade like a real company within about 1 tick of each other on the bid and ask.
More interest in the company is coming very, very soon IMHO.
Good luck everyone and GO QSGI!!!
MM's tightening the spread it would seem .1151 x .134
...I beat you by 8 seconds lol
anywho...thin...ya.
GO QSGI!!!
.113 x .137
edit: 29,000 x 10,000
With this kind of awesome news, I foresee possible million share volume if this keeps up...would be a nice power hour for sure.
Well...anything to get their company back in business is fine with me no matter the settlement amount...would be nice for a larger amount but meh whatever...we will see.
Even if the O/S were fully saturated with the current stock that I believe is around 50 million with the added 230 million or something (most of which will be either restricted or held by investors) you are still looking at a stock valued at $1.07, but the O/S float will never be that high hence valuation being that much higher.
300 million is huge for this company or any amount near that...could be more...who knows...stay tuned lol
GO QSGI!!!
I had a little chuckle after that comment...you are right...gotta give them SOME credit.
At least we know the CEO isn't going to back down from a lawsuit that was seen coming way back in April...just took some time to get the Q off and are now pursuing taking home a big check from IBM which is basically most of the cause of the bankruptcy happening.
Know what you own people...we will be big winners ;)
GO QSGI!!!
Almost 200k shares gone in about 10 minutes :) booya!!!
edit...over 240k shares.
This basically means that it is possible that QSGI will get money back for their once very profitable NASDAQ-worthy division and any future lost profits because of said division :)
I did say "soon...soon" but really didn't mean THIS soon, but I'll take it ;)
GO QSGI!!! Beat IBM!!!
Well...we still seem to have people wanting to play around with this stock it seems...just saw the 100 share sell go through >.>
I assume that is either an MM wanting some shares traded amongst themselves or someone is checking to see if there is an auto-trader on the ask and trying to get it to lower the ask a tick.
Soon...soon... :)
GO QSGI!!!
Nice try on the bid paint job ;) good luck next time lol
and that last buy was a little more than a paint job.
Nobody is going to waste their time trying to buy shares during the day just to have them get knocked down two seconds later by some schmuck and ruin the run...and really...why not be the highest bidder during the day and wipe out some short-term monkeys that are impatient?
End of day huge volume is fine with me...at least gets rid of people wanting to sell low and keeps stable volume every day.
This will run soon IMHO...GLTYA and GO QSGI!!!
I'm going to use your board for now if that is ok Cork.
The other board is becoming a little too one-sided toward certain individuals and is getting stickies for posts by obvious shorters or groups of shorters and manipulators.
I'm still here and haven't gone anywhere and I see a bright future for this stock so GLTYA and GO QSGI!!!
Even though this kind of stinks...
At least we are seeing it turn into a legitimately traded company unlike all the crazy crap with the pumping.
Soon...soon.
GO QSGI!!!
Funny you should say that...I just happened to be looking at the L2 when it happened and an MM literally removed the .1333 bid off the L2, filled the order at .1334, and then put the .1333 bid right back on to finish the order after it.
...all within seconds...I saw it though.
Gotta love those 100-share trades...people just like screwing around I guess.
GO QSGI and GLTYA ;)
...and I must say...I love people getting 100 shares because it makes them pay the commission for the day whether or not they get any more shares :) move your bid lol.