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Kicking myself that I didn't buy more when it was under .02.
Just looking for opinions from the IHubbers where you think this might dip to pick up more shares....
The charts say there is good support at .03. Even though this will bring up my average, I'm thinking that is about as cheap as I might get more shares.
JimmyBob...DPBE...what's the deal. Huge spread most of the day. Chart looks like reversalcoming.
You're absolutely right. This one just seems like such a long-shot. I guess that's why I didn't bet the farm on it. lol
IJJP - anyone still holding this? Just doesn't move. Seems like news is never coming.
DPBE - anyone holding, expecting a bounce, but didn't get it today. More buying than selling though.
Thank you.
I agree based on chart. Just wanted second opinion.
Clay, can you do chart for AFN? Thanks.
AFN looks good.
MACD crossed over yesterday and it closed above resistance level. Trading on higher volume.
DPBE...anybody here in it?
Hope it goes higher today. Got in at .0021. Now I'm stuck in it.
Thanks. Look forward to it!
DPBE~ bent me over, but forgot the vaseline.
Chart indicators pointed to this one going higher.
Pinto, r u still holding IJJP?
Wondering when IPO will be announced.
Starting to look pretty bad...bid at .025. I'm holding, not bailing. Got in at .10. Hoping for .50....anything else is gravy.
We need news!!
I would love to see .003 today, but what are you basing that on? Volume was great this morning, but hasn't moved much in the last few hours. Someone just bought at .0016.
Ask has been sitting at .0018 for like an hour.
C'mon....move already!
Hope you're right.
DPBE..are you still holding? Awful lot of selling going on.
When u say CHURN AND BURN...is that in a good way or bad way?
DPBE...what's happening now? Is this tanking?
Volume way up today. 2x as many sells as buys.
What's up here?
Anybody have any clue?
Quasar Aerospace Industries, Inc. Announces Stock Repurchase Program
4 minutes ago - Market Wire
Related Companies
Symbol Last %Chg
QASP 0.0135 8.00%
As of 1:46 PM ET 8/4/09
Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) (formerly) Equus Resources, Inc. (EQUR).
Quasar Aerospace, announced that at a regularly scheduled meeting of its board of directors today, the board authorized upon completion of funding of previous announced acquisitions Quasar will begin to repurchase up to ten percent (10 %) of the companies issued and outstanding shares at the companies sole discretion. There will be no fixed termination date for the repurchase program and can be expanded to up to twenty percent (20%) at the discretion of the management committee.
"We believe a stock repurchase program is a way to optimize the value to our shareholders," said Dean Bradley, Chief executive Officer, Quasar. "Our share repurchase program will allow us to return cash to our shareholders, while at the same time provide the flexibility to aggressively invest in the business for additional growth and differentiation, which we believe to be good for both our customers and our shareholders."
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.
Contacts:
Dean Bradley
904-612-8485
deanbrad@bellsouth.net
Scott Martin
770-521-9410
scott.martin@jpccapital.com
SOURCE: Quasar Aerospace Industries, Inc.
mailto:deanbrad@bellsouth.net
mailto:scott.martin@jpccapital.com
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Quasar Aerospace Industries, Inc. Announces Stock Repurchase Program
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NEWS OUT..stock repurchase!
Check out RAD...chart bullish...nice move today, so far next resistance is 1.82
I was under the impression that most here thought the merger would happen soon because the 15-12 was filed with the SEC. That's all.
you're probably right
PINTO...are you still holding this? Not looking so good right now. Not sure this IPO is going to happen.
Clay...RAD annotated chart? Thanks
This may be a stupid question, but I will ask anyway.
I notice that in the morning before pre-market trading opens, the ask on this yesterday was $2 and today was $3. When 8:00 hits it goes right back to 0.08 or 0.07 or whatever.
Just wondering if there is any significance to this...or does it mean absolutley nothing. I see this on other stocks as well, this just seemed very extreme.
I'm just waiting for the IPO and to see it trade north of .50. I won't be waiting for the lawsuit.
Anyone think tomorrow...the last day of the month...could be the day?
There is definitely MM manipulation going on here. Yesterday and today have had enormous volume, huge buys...but the ask doesn't move.
It seems obvious the price is being held down for someone or some group of people to get on board at this low price.
I don;'t think this lack of price action is a result of dilution. It would have to be massive dilution to affect the price this much IMO.
Clay, can you answer?
I have been using the MACD buster technique for trading.
Sometimes when I place my limit order at the resistance price that was just broken, the stock does not come back down to that level...and then it becomes too extended where I don't want to risk buying.
Any advice on how to approach this problem?
Thanks.
The ask is at .13!
WTF!!!
If this is a result of shorting, then I would expect this to just explode when news comes out.
WTF is going on here.
I've never seen anything like this.
445K bought / 31K sold
11:27 AM
I wonder why people would sell at this level too.
I am tempted to add at these levels, but I never put more than 25% of my total funds into any one stock.
You're right. Just getting antsy as this thing sinks.
This thing just keeps sinking.
How about a freakin' PR to make us investors feel more secure.
IJJP...check it out.
IPO any day now. Once it happens, it'll be too late.
Huge potential.
Get in now.