69Panda
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I can only guess like everyone else. There are some well thought-out reasons that have been raised by people much more knowledgeable than myself. Of course there are some crazy pump and bash models that have been floated too. In my head there are many options why.
1. At the time he did not have the loan secured.
2. He had part of the loan secure.
3. He used those shares to secure deals.
4. He needs to increase the # shares to secure the loan.
5. He wants to shake out the weak hands to buy back cheap.
6. He is a wanker and just wanted the cash (lol).
7 Other reasons not on the radar yet such as deals in the making.
8. ETC--
My best guess is 3, followed by 1, 2, 4 and 7..
Here are a few flaws when doing DD or research for stocks
1. The person or researcher is in charge of deciding what is
useful or not useful to backup their viewpoint.
2. Just because you can't find information doesn't mean it doesn't exist.
Just because you find information doesn't mean that it is good information.
3. The motive of the researcher often determines the outcome of the research performed.
4. Performing research is greatly determined by skill level, time and motivation.
5. Opinion is what we often bet on to get the lower PPS in stocks because risk level is higher.
Verification often costs a premium because information is in the hands of the public.
A skilled researcher can show QASP to be a scam or a gold mine. My humble suggestion is to use the information/research that many skilled individuals have offered. Do your own analysis and come to a conclusion that fits your investing method and budget.
Yes, I am long and yes I have more than 2 million shares. Yes, I have had doubt that funding would happen, and yes I am excited about the last pr. IMHO we are on the verge of a huge storm that when finished will be a game changer for some. I plan on buying more shares in the coming week and am not afraid to say this as strength of shares in strong hands will help sustain a much higher PPS in the long run. The true longs are not afraid to hit the ask because where they speculate QASP is going will be well paid out in the end game. Money will be made on the journey by flippers and that all good. Everyone has sell points. To each their own!
It's official ....... The train is leaving the station. I'm more pumped than a chipmunk on crack.
The current PPS is a gift. Take it or leave it. Why convince people otherwise. I hope those who can buy do so.
insert-text-here
I would say many people are buying. My point is he dilutes to raise cash, at some point(s) buys back shares which helps out PPS. Have to have cash secured to make more cash. As investors we hope that are cash invested makes us more cash.
Perhaps there is more to the story than on the surface. Stories always seem to work that way.
1. Sounds like funding is good to go. At the very least some of the funding is a done deal.
2. If the buyback starts the float will decrease. The PPS will go UP. QASP get some cheap shares.
3. Investments are long term. You don't build a corporation around flippers. Look big picture.
4. The deals to QASP are connected somehow. Perhaps it's not the product but the
PEOPLE involved in the transaction that makes the connection.
5. Department of Defense - Not sure how that sounds to you but I like
government - contracts - and possible future connections & deals.
As always this is only opinion. Take it for what its worth.
Pangaeatech
Well said.... Making it happen as we speak.
Guess you have to ask yourself "If you loose what you have here will it make a life changing difference? If you let it ride and it hits will it make a life changing difference?"
Been debating myself for past few days..... I have 30k $$ in another stock. Do I sell part or all of that position and buy here??? It is sooooo dam tempting!!!!
Sub penny on what may be the penny stock of the decade.......
Dumping the entire amount at once may have flushed out many longs and eroded the confidence of investors. We will know the true float is suspect after the finalization of funding. One can only speculate how many shares have been or will be purchased.
Since the increase occurred over time many longs still have a position (mine significantly increased) as it gave me time to gather funds.
I just can't wait until I get MINE. LOL! Dean exactly when will that be? I have lots of things to buy.
I Agree with you Clak..... The ten days in the business world is like well that magical place in Florida where a fountain make you young again. Delays are a part of life. You ever try and get your car fixed, buy a house or wait in line at an amusement park. it will happen when it gets done and nothing we say will make it move faster.
With 332.300 shares traded?????? Really???????? Come on you can do better than that. Dig deep in your collective creative soul and create a better line of reasoning....lol
It's a possibility ..... But I just had a full glass of Koolaide - grape flavor and I'm waiting for the payoff-LOL.
If we get the money a buyback begins of monumental proportions. How long can QASP both buyback cheap shares and not completely string along an awaiting PR? NOT long. So either a buy back happens and the cats out the bag or no buyback and they just announce the funding. Been loaded so I hope their is limited or no buyback.
How many people are siting on the sidelines waiting for the news????????? For every share sold there will be many others lined-up waiting to get in. How many people have reserves waiting to be used when the first pop goes off?????? IMO this will be an epic event.
A PR tomorrow stating we have signed the papers - ie received the funding or The buy back of 20% of shares started this morning works for me. If they start to buy back shares dilution has to stop and the price will run up. Both are great signs and if either happen I' buy a million more.
Stopless73 your post makes sense. It plays out well for QASP and longs. Why post you have the money prior to the buyback? You want to get the shares as cheap as possible. Remember it is a percentage not a $ amount for the buyback. The cheaper the pps the more they can buy back.
I have two accounts with QASP 1 is a plus million account and the other is less than a million. I would sell from the less than a million account but the + million is for the long road ahead.
Yup. I was in it at .30ish out and 1.30ish. Those were the sweet days. Hope we get a nice run soon.
We are red because the big boys want it that way. They will want it green soon enough. Or better yet news will come out about a done deal and then there will be no holding it back.
When it's red keep our head up.
When it's green cha ching!
and yes if it's yellow let it mellow, just remember when it's brown flush it down.
Enough crap....... Sigh the papers!!!!!!!!!!!!!!!!!!!!!!!!
long term things look ok. We could shoot up tomorrow based off knowing why this has been shorted recently. They rode it up and brought it back down. They want it to go back up again so the game will be replayed again.
IMHO a second plant would be plausible long term. They hinted at this with the 25 acre space comment.
Without any further news we wait for mid May earnings. Long term it could play out well. Short term the cats out the bag, but are their any more dam cats in their bag of tricks?
I have been wrong at almost every turn with this stock. So, just take what I say, do the opposite and you will be fine.
Just to make it clear I will go down with the QASP ship. I went into this swinging for the fence. I will strike-out or hit a grand slam.
This will not be a shake-and-bake ending for me.
This will be a gut check week for many.
I am on auto pilot from here on out.
Glta - Go QASP
Agree... Hoping for a some movement off the 50 day, but we need a catalyst. Hope we build a base here. Accumulation here would be a nice sign of strength off the 50 day. Cnam can be a mover when the volume is present.
Just a thought......
Why would they care about who is buying stock now? Perhaps they have what they need in hand to make the funding a reality. Not saying they don't care but if they have diluted for the purpose to have shares as collateral then mission accomplished. If they diluted to make Tigerfish and Minesweeper a reality then MA again. Meanwhile, the low PPS allows will allow Qasp to buy back cheap granted they have the funds to buyback.
Perhaps true longs keep buying and adding at low prices. Why? they think the deal is real.
Funding is announced and everything changes in 1 simple sentence.
500,000 X dime = $50,000 on a 7.5K investment 1.5 cents PPS
1,000,000X dime =$100,000 on a 15K investment 1.5 cents PPS
5,000,000x dime =$500,000 on a 75K investment 1.5 cents PPS
This is why people are loaded to the hilt. Their DD predicts this as a possible reality.
Doubled my position here. Agree, looks to be at a bottom. Consolidation here would be a welcomed site.
Wish I could add more but I am super deep in another unnamed stock. Trying to get a k cleared to add as these prices I believe will be cheap. Summer is not that far away and there should be many other PR's to be mentioned in the near future. Looking forward to the growth of BEHL.
got 500k shares tucked away for the long haul. BEHL seems to be in the right place, at the right time, have a great team assembled, funding to keep them afloat, and are on track with current projects and future vision of algae to make them profitable.
Yes, we have many hurdles to go over, I like what I see, and the current vision of BEHL looks promising. I hope we can get some government funding as BEHL has something to contribute to the scientific community.
GLTA
This seems correct but it's 9:30 am after a long night. This reevaluation of currency could get a bit touchy but it's two parties (us & china) that need each in the end for now.
Next week big earnings come out. Will the market hold??? IMHO we could see a nice reversal on CNAM if we don't have a market pullback. THoughts?
This might be old hat. Thought it was interesting.
Boeing wins $69m contract to build drones at Cecil Field
Link: http://jacksonville.bizjournals.com/jacksonville/stories/2010/03/08/daily21.html
The testing and production of the U.S. Air Force’s new drones will be built by Boeing at Cecil Field. The contract is worth $69.7 million, according to the company.
The modification of F-16 aircraft into 126 QF-16 drones will begin in May 2011, said Boeing spokesman Forrest Gossett. The contract should add 40 jobs to Boeing's Cecil facility by Spring 2011. The company currently employs 245 people at Cecil.
The drones, which will be designed and developed in St. Louis, will be used to test the military’s newly developed weapons and its aircraft fighters. The drones can be flown manned or unmanned, according to the company.
Bogus07 - more good news this morning. Future looking great. Support looks good in the 8.45-8.50 range.
directed at none or all.
It is a simple process.
Post your evidence.
Show your source.
Verify evidence and or verify the evidence of others.
Make your best logical conclusion from this process.
If it can't be verified then it is opinion.
Yes, I value the opinion of some greater than others. But it is still opinion- unverified fact.
Yes, collecting DD is a process, The process is not perfect as "facts" or verified information can change.
The more one can verify DD then the better assurance you have that your information is credible.
Good luck and Dean please release the Kracken.... not the crack heads.
The PPS is down what should I do?
A. Sell and run away from the scary bunny.
B. Drink an adult beverage at 7 am west coast and chill.
c. Change my huggies and then pimp slap the MM's who are down ticking in 5000 increments.
d. Buy a boat load more!
Yup it's d.....
glta
I hope it's this week...Off all week and I'm locked to the screen. Need to know what type of condo I can afford. Is it a 1 bedroom 1 bath in the hood or a 3 bed 2 1/2 bath on the golf course.
Dean dean the condo man.
show us the funds and your the man.
Go Qasp!
Bogus07 yup yup........
Future earnings look to have great potential and responsible dilution is acceptable, perhaps even necessary for future growth and stability of pps.
The after hours prices are crazy.... do you watch the pre - post market?
Another point on the conference call was the fully diluted shares count including old bods was stated at just shy of 14 million. So long as the float is this low volatility is the name of the game. I would suspect that in the near future the share count will increase. I would view this as a long term as a positive. If the share are introduced slowly and in a transparent manner they will have minimal effect of pps but would help to decrease the volatility.
Thoughts?
On the conference call they spoke of having the space on site to create a second recycling plant. This is contingent on a "need" basis. I smell a possible expansion in the future.
US Judge Dismisses Several Claims In Qwest Case -Report
Apr 2, 2010 11:46:40 (ET)
DOW JONES NEWSWIRES
A U.S. judge narrowed the scope of a fraud case against five former Qwest Communications International Inc. (Q) officials, including former Chief Executive Joe Nacchio, throwing out several allegations made by the Securities and Exchange Commission, the Denver Post reported Friday. The dismissed claims relate to charges that the defendants committed fraud from 1999 to 2002 when they booked revenue from network-capacity swaps in a lump sum rather than over the life of multi-year contracts. The case will now focus on whether Qwest was required to make public filings advising that its communications revenue comprised both monthly and lump-sum revenue and whether the defendants were aware of the fact.
Full story at http://www.denverpost.com/business/ci_14804468
-Dow Jones Newswires; 212-416-2900
(END) Dow Jones Newswires
April 02, 2010 11:44 ET (15:44 GMT)
Scotrade has the march 26 marketwire 5x this morning under NEW news. LOL
HEY EVERYONE THE BUY BACK HAS BEGUN. RICOLLA!!!!!!!!!!!