When all else fails..read the directions
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POS with high volume. While you may not like the PPS, you have to admit the volume makes you wonder.
A POS that traded 1,310,772,875 shares in the last 30 days and since January 1 2013 8,981,791,662 shares have changed hands (that is a 5 months period). So while it might be selling, it is certainly being purchased as well. When I see volume that high I always wonder about two things, 1) who knows something and what do they know 2) is this a shares buy back?
8,981,791,662 shares traded in 5 months Trust me, someone knows something.
IMHO
Actually that gives me hope for this company, as long as they are smart enough to know that, they might survive.
I would think that in drug development you would play it very close to the vest.
Porky you are deliciously bad.
Nice thing about subpenny,it's wide open. I love the technology stocks, it's my field and when I started in 1976 my mother used to tell me to go to nursing school because there was no future in technology. Look at the bright side, it does not have to move much to make some money ;)
Exactly
Oh gee, thanks for the tip. I never implied it was going anywhere, I simply was pointing out that if you are unhappy with it, then someone is waiting to buy your shares. Oh, I purchased a few stocks that were nothing and have had them go as high as .50 cents a share. Let's examine MJNA got in at .03 and sold at .50 and then moving on to CNCT, got in at .01 and out at .27. One never knows what the playground will bring. But like I said, I was only trying to reassure you that there is a pathway out for you. If you sit quietly on these boards and watch, you learn a lot. I for one always have appreciated the opportunity to learn from those who have been playing Subs for awhile.
Just a note, QOIL is like any stock sub or not, a gamble. I was always taught to never gamble with anything you cannot afford to lose.
It's strange to think in a split second this stock could go from sub penny to big dollars. The field they are in is exploding right now. Hopefully one day we will be planning a party in the Bahamas to celebrate a big success. Don't forget your sunscreen, you know how pink skin burns ;)
I think when reviewing the timeline you might want to keep in mind that this drug will be in line for orphan drug status and that will greatly change the time line. Yes, they have to meet the same criteria, but with a much smaller number of patients. IMHO
There are always grants and other types of research money out there. Trust me if they look good at phase 1, someone will cough up the money.
1,731,022,673 shares have changed hands since that announcement came out. Somebody is selling my friend, more importantly someone is buying. Does it not peak your curiosity why such a high volume on a "dead stock" They said 4 billion share buy back, they are almost half way there. There is usually 20 trading days a month, times 6 months (or almost) that would be 14,425,188 share changing hands per day, not bad volume for a "dead stock". My point being, if your not happy with the stock,someone is willing to buy your shares and then you won't have to sweat it anymore.
So interesting that you go from board to board making predictions. I think this is fun to watch and I'm going to stay in.
Evil boy ;)
653,632,838 volume in 30 days...not to shabby. Someone likes this stock.
Guess that's better than nothing, lol
I know I have read that some received dividends last year.
Well we must have a great moderator on this board because some of the boards get pretty ugly.
Can we form a group on here?
Not sure if you have every noticed this, but a lot of these boards are just plain nasty. The people are lunatics and if you don't agree they spaz out. This board, not so. People here are just having a good time, talking, giving each other advice, very different place on Qoil. Maybe that is why I like the stock, I like my fellow stockholders.
Oh I agree 100% about dollar land. This place is just fun, nothing like owning 1,000,000 shares. My alerts on my cell just started working. Will this stock ever take off, not sure why...but my gut says yes. I have all the time in the world to play with it, so why not...and the company is good ;)
Maury always tells me to stick with it because I enjoy it so much. He calls it legal gambling. I really enjoy it and have been really lucky, but I am not really a player, as I know some on here are. I really like and enjoy the sub penny world, kinda like one of those old fun houses from when I was a kid.
Oh it's a gamble alright, no two ways about it. Having been around horses my entire life and lot's of track horses, the one thing I learned is you only gamble with what you can afford to lose, correct?
I don't know why, cannot explain it, but I like this stock. Just like any horses being loaded into the gate, you watch it's behavior. Does it go in defeated, or does it go with attitude? When it's running down the track, does it just run or is it doing flying changes the entire run? This stock may never run, but on the other hand, it's got the flying changes down to a science and from what I know about horses, that generally means it will not tire out by the end of the race, but will show up as a winner.
We may never really get that big purse we are looking for, but we are going to have a darn good time sitting in the box, sipping a drink, thinking of the possibilities and watching it run.
On closing let me say, for a dead stock, since Jan 1 of this year 576,612,772 shares have sold, on average that's 115,322,554 per month. Guess someone wants to hang in the box with us. Makes you wonder who knows what.
As with all penny stocks, it's a gamble... IMHO
I have to agree Chomper, I have made a few bucks and I'm sticking it out.
Ever wonder what caused that spike?
Actually I did alright on this stock,just rode the waves. One rule that I have is to never encourage anyone to buy anything. I will go check out that boards, I am always thankful for knowledge.
What wonderful news for those fighting cancer.
Details please?
and apparently so is someone else 6.89 million on Friday... someone knows something.
Final thought..you are in, or you are out. I am in.
I agree with you 100%, too many things just do not add up and we have no way to go, but with our gut. I have lived awhile and my gut instincts have served me well.. I'm going with them.
To me, most stocks are for turning a profit, short term. Something about this stock facinates me and really keeps my interest. Not sure where it will head, but I'm gong with it. I do not often get the "gut feeling thing", but I got it now and cannot explain it to save my life.
Correction
Actually they did state that they expect 2.4 in revenues
Quest Oil Inc. Announces up to 4 Billion Shares Buyback in Open Market and $2.4 Million in Revenue Projections for 2013
NEW YORK, NY, Dec 05, 2012 (MARKETWIRE via COMTEX) -- Quest Oil Corp. (pinksheets:QOIL), an independent oil production and technology company, is pleased to share with the public the estimated 2013 revenue projections for the company's business activities.
Based on the current company's presence on the Venezuela Oil production market, namely the current pending contracts and contract negotiations, the management estimates the projected revenues to reach between $1.5 to $2.4 million in 2013. In addition the company will also start a share buyback in the open market immediately.
Company VP of Operations Ken To stated, "We are very pleased to present our preliminary estimated numbers. We will continue working hard to increase shareholders value. Concurrently, we will set aside a portion of our earnings for a share buyback program of up to 4 billion shares. We believe in this company going forward, and want to give our shareholders an early Christmas present."
Hi there,
Thank you for responding, actually I have done quiet a bit of DD on this and I just find the whole thing very interesting. It's one of those, your in until your out situations.
But why any movement? it just does not make sense if it's a dead issue. What are your thoughts?
I would think that reporting would be delayed until they have purchased back as much stock as possible. No need to pay more than you have to.
I would think that if things are getting good enough where they are buying back stock, then delaying the filing would be a smart thing. Would you want to put out your filing showing how good things are going to get before you start buying back stock? I doubt it, or I should say I would not.
JMO
Think about it, they did notify us back in December. I don't see why they would have to give any other notification. Make sense?
Exactly, I put them in the long haul column.
I have been tracking this stock for a good while now and it amazes me how much volume. 100 day average 17 million a day, really? no signs of life, but someone is buying the heck out of this stock. Not in big amounts, just steady amounts.
Like I have said before, I got a whole lot of shares and lot's of time on my hands and not really in the mood to sell..just hanging on for the ride.