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depends upon the dilution.
Lot of people said its 1 dollar when the outstading shares where 350 milion. Since then we are now close to 1.3 billion and soon will reach 1.5 billion.
There are talks about RS or increasing shares after that.
SO to answer your question the value drop as the dilution increases. Simple Math. But some in here will continue to say one dollar no matter how much the outstanding shares are.
Also you see sub penny traders come in now . They will just flip and have no DD On the company. They dont care once they get news They buy in millions at the sub penny .
looks like once .0055 is fallen the next support leves are .0003
I should say I also hate it once it reaches that levels because it attracts the lower sub penny crowd.
But looks like its headed .003 If there was dilution today and the OS increase is posted tomm then this will see .003 and open up new buyers you dont want to be in this stock
All I seen so far is this can drop in a heartbeat. Just check the chart the last few days.
Looks like now from 350mil -- 50 mil - to now even 5 mill is what people are willing to accept. Soon the 350 mill will be forgotten by all.
I think as I stated before it was 350 mil Zim Dollars.
Already this is being talked in the newer sub penny forums. I don’t want the .0001 Forum crowd in here. Because if they enter in even fillers like me will be gone. It turns really bad when that crowd comes. it’s just insane talk and flipping that it will be point of no return.
see thats the thing. People who buy in at .005 will get into profit taking mode when this hits .01,.015 and .02 becuase they would have made anywhere from 100% to 400% by them. SO there will be a lot of profit takeing and selling. its a pinkee so there are exit points
so if are averaged in at .02 thats got to suck as breakeven at this point seems happy. Also once this gets into the low sub pennys a who lot of flippes and penny stock forumn and users jump in and you know what happens then..
Are we seeing any hint of more dilution today?The spike in the morning was great. WOnder if we will see another 20 to 30 million shares dumped by COB today.
so far the low of day was .0055 which mean that in the power hour it will be back to .0055 and close at that price.
Based on charts and pattern look like the next point is .003
so thats when I get in and hopefully a spike like today morning ,I will be able to see it back at .005.
any thing is possible
2 weeks ago if you said this stock was trading at .0056 you would have been crucified and your posting deleted. Just have an open mind. I am o.k if this goes to .003 as I see an Opp for buying more. I will be more happy when this goes to .01 that’s because that’s when my Opp has born fruits. Just keep it open in pinkie land. Anything is possible. Always remember don’t take other peoples opinion it’s your money.
We are all in a pink stock for only one reason. To make quick money. It’s like playing in a casino. Know how much to bet and know when to get out.
hey I am not posting that to say I am waren buffet.
I am posting that to show I am legit and thats how I trade. I have other stocks in regular markets. Just 3 stocks in the pinkiee land.( CIST) is another I am active and they have things similar to QASP and had a step fall with dilution , but Managed to stay postive there too.
BTW I want every body to make money. Its dean who is preventing all(shorts and longs). Beleive me I will really be happy for longs because when it happens , I would have made money too. Bull and bears are needed for the balance.
I will be in again to buy more. Atleast 1/2 million today if this hits .005.
Till then I wait. I still have a big chunk just in case this makes a run..I am covered.
good day for everybody.
Scottrade, Inc.
Intra-Day Trade Notification - May 12, 2010
Dear Client:
RE Account: *****598
Trade Type: SELL
Security Symbol: QASP
Quantity: 439999
Price: $0.007
i got about 1.3 million shares and my average is now around .008 thats becuase i have been in and out serveral times.
The good this is I can buy more when the shares drop. also its nice that when this reaches .01 you make a big profit and a big dump will come from many taking profit and will kill the moementum if any
Dude
why are you angry at me. Be angry with Dean and all the pumpers. If you are very particular in the detials ..not sure how you are digesting Dean's PR's.
Today is a nice day for Flipping. Sell in the beginning and buy back late in the day when the big drop happens
POLL:
Last week I put out a poll saying what will the PPS be next week
1)Around .01
2) around .005
I got several replies including one saying the they would not vote saying the two number were extreme.
I say to the that poster that option 2 would be the right answer.
And of the people who said they would never see .005 when I posted...today is the day.
oh what a suprise. This is going to happen till its maxed.
well another 20% drop today. What else..this is becoming normal in the QASP land.
Come on bulls and bears. Its another fun day.Lets discuss sells vs buys. Number of boardmarks, and how much this will run when the news comes.
looks like Friday we are going to hear news about the loan.
Dont get excited. Sources say its not going to be good.
Be prepared. There might be talk about what happens when shares are maxed out.
Good luck guys. Prepare to answer to your wifes/GF's of BF's on how you lost your investment.
can all the shareholders bombard the phones and e-mails asking for a CC. A CC would give a clear picture. Qand A after that would help a lot to increase confidence.
why is the discussion about buy or sell? The fact is PPS is coming down that means you account value is down. The Shares are being diluted and the PR's are not verifiable and things are going down really fast.
I dont care about a buy or sell and soon you will see people with the boardmarks and how we are in the top of the boards.All useless.
The only thing that matters is that we are all loosing money. I stepped in today at .006 and would sell at .0075 and make money. Hope this does not go to .004 tomm but very much possible. You loose some and win some.Thats life.
i was saying .005 two months ago. check my posting
BANKER,
Do you think we get a PR from Dean beofre this goes to triple zeros?
o.k Guys . I loaded up a few now at .006
Its time I switch sides now with the bulls.
We are in this to make a quick money. We all know this is a gamble in pinkiee land.
Lets hope some the tide changes and a quick run happens to make some 300% gains. A good run upto the .02 should be good for most with another PR with some good info about the Mineseeker deal.
If any PR about the loan comes even .05 is possible.
I am going to stay slient now and just chill and watch for some postive activity.
before you know they will have to increase more shares and then an RS is going to happen.
RS would be death to this stock. But it would nice for Dean to state the dilution is for a purpose and that the status of the loan. Come clean and be transaprent.
I am trying to help people make money not loose .
I have been in this stock from the 2's to 1's and now sub penny.
I am still invested but not as long. If you sell and buy at the right points there is money to be made.
I have made about 40% gains from my orginal money playing with this stock. I also always have some money ivested just in case some thing big happens I am not left behind.
THe idea is for every body to make money. But is Dean who is not allowing that to happen.
.005 here we come.
Based on chart reading the next support at .0065 and then .005.
People made fun when I said this would hit .005 looks like we will see it by End of week.
I have been in and out of the stock many times. If you are long I am sure I dont have to say how you feel now. But if you play this stock right ypu can make 30% gains every couple of weeks.
I am feeling the same wa. Looks like the loan fell thru.
Not sure what is going to happen to the company without the loan.
I have greatly reduced the shares I own but have a few left just in case this makes a run, I dont miss it
PPS matter also if you are buying before the money comes. You could have got 3 times more shares now if you waited instead of 6 months ago.
it will go beyond .02 if they have the 350 million loan.
But when the close on the minesweeper without the loan with just selling shares and notes then I dont see it gloing past .02 with people who buy in sub penny selling to make a nice 100% profit.
I am buying at subpenny levels becuase I know some point of time with the right PR and conditons this will go around .015 and i can make a nice 100% profit. Beleive me it works and you will make money when you play it right with stock. This is waht banker and tufan123 is doing .
People here talk about this stock hitting 1 dollar when the outstanding shares where about 300 million, 700 million and I billion. When this hits 1.5 bil still they will talk about the share hitting 1 dollar.
Its intresting how the 1 dollar mark never changes as the Sharecount keeps incresing.
People who are buying this at sub penny will flip this once it hits .01 or .02.
If you buy at .005 and .006 or even today when it hit .0075 it would be a 100% profit when it hits .015 where a lot of longs average are. so never is it going to cross .02 even with the minesweeper stuff.
have you gone to the page where you order tickets. ITs not even SSL. WHo would do a PAyment over a NON SSL layer website
have you gone to the page where you order tickets. ITs not even SSL. WHo would do a PAyment over a NON SSL layer website
means a big dump of 1 to 2 million shares are coming soon
how much do think the PPS will fall from the PR next week about the charter company closing
cant blame the PR. In fact its good. They just want to keep the Share holders confused and guessing . A clean PR is not possible because that would mean a blood bath.
there is not going to be a buy out.
Thats how they get you.With talks of it.
very true
we will see the .006 today. Hopefully .005 by the end of the week.
I am planning to pick up a few when it hits .005
if they dont have the LOan. This company will go no where. its just a flight school and repair shop.
Without the 350 million it will slowley go down befoire there is an RS and then the cycle keeps happening.
when is the next Buyback?
I hope there is a PR saying that he is going to buy back shares.
I have orders in at .005 that have been waiting ..
do any body know how much they paid for the Coperate Air?
how much do you think this drops on Monday. 20%drop on friday removes this from the stable penny stock.
When there is so much volatility only a short can make money on it.
without the 350 million loan there is going to be more dilution and that's going to bring the PPS down. As PPS falls more dilution will be required for the same amount . Until finally RS is required.
With the Europe situation the loan is not going to happen.
But still there is money to be made in this stock if you play it right. Buy and sell at the right time and soon you will be making 25% gains every week.
I know of some who got this in high .02's . They lost about 75% now. But if you kept flipping this stock you would be up 75% now.
Good luck to all. Remember the Basics, this is a pinkie stock.