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Dean's biggest error, if you could call it that, is putting timelines on anything. In a venture of this magnitude (I believe this is very real based on my research), you simply cannot forecast the hurdles to be cleared, obstacles placed in your path. This isn't like baking a cake where you follow a recipe and out pops a multi-million dollar aerospace conglomerate that's a major player in the industry! These things take time. How long has it been since he "shared his vision"? August 09. Not even a year yet...seven months! People here that trash this company are missing the point....you can't approach this with a "microwave" oven mentality. Few here have big business experience. When they start hollering about PRs, timelines, "show me the money", they're speaking out of ignorance, plain and simple. We live in a society of instant gratification.....you're not going to get that here. If Dean made an effort to please those that are trashing this company, he'd jeopardize the long term position/strategic vision of this company. That's just the truth, like it or not. Go back to day trading some other stock if that's your goal. QASP is a different cat! I'm very comfortable with my investment here knowing what I know based on my research. Everybody just needs to relax....it'll happen IMO. It just won't happen on YOUR timeline.
'Nuf said.
Based on my DD and research, IMO Quasar will be a major player in the aerospace industry by this fall and I think we're going to see a major PR that starts that ball rolling by the end of this month. Rome was not built in a day boys and girls! Be encouraged and hang in there everyone...this is going to be bigger than you can imagine when everything is brought out into the light for all to see. This is a legitimate company with a legitimate business plan. Just watch!
Wow......just wow! Had a feeling Samples. Welcome back. GLTY.
Wish I had some dry powder to pick up some of those sub .015s. Oh well.
With the complexity of these acquisitions, do you think six months is the limit? Things happen. I think this is a different animal Boomer....IMO. At least flip in and out and hope you're in when the PRs hit. I know its counter to the penny world to hold and patience is not easy to come by, but I certainly wish you the best of luck.
Absolutely.........just adds to my confidence in my position on QASP. Gotta' go read my latest copy of AW&ST! GLTY Hotchet. I'll check in later. Looks like a nice green day to me.
For those of you that aren't in the aviation industry or a professional pilot, Aviation Week and Space Technology" is a highly respected, professional magazine that highlights industry events/breakthroughs/news from all aspects of the aerospace industry. If you are an aviation professional, chances are this periodical is on your coffee table or desk. The fact that Quasar is getting visibility in this professional journal only adds to my positive outlook on this company. Not sure how some people can continue to deny that Quasar is legit or that its simply a scam. The AW&ST magazine's vetting process shows this not to be the case at all. What we are experiencing are delays in the funding. Gotta' have the engine before you can pull the train! IMHO this is in no way, shape, or form a scam. Its real folks!! Get on board the train before the engine shows up.
If the doubters would go back and look at the history of any financing deal like this, I'd wager that ALMOST WITHOUT EXCEPTION, there are major delays. You do not put together something of this magnitude without hitting snags along the way. I think Dean's biggest mistake (and I'm a believer) is that he attaches dates to anything. The funding PR should have been to the effect that "QASP has been assured that the funding will be in place as soon as possible given the complex nature of this transaction".
Excellent PR.....the business plan emerges for Tigerfish. Not fluff by any stretch of the imagination. This is NOT a scam people!! Not with this level of detail.
Thanks for the hard work.......appreciate the DD!!!
God bless brother!!
Did the thought occur to you that he won't PR that he has the money until HE HAS THE MONEY????!!!!!
Super post and nothing like face to face DD....excellent job and thanks for letting us all in on your observations. Only reinforces my opinion that this is the real deal. QASP long.
Hey BANKER......left Merced CA a few years back for the deep south. Thanks for the great post. Tough to not feel a little scraped up after the three days we've had, BUT, I too believe that we are closer than ever to the big unveil. My only regret is not getting in lower when we tanked last Tuesday on the A/S news. Set a buy limit, went to teach thinking "no way", and lo and behold. Oh well......I could have locked up so many more shares. LOVE Yosemite by the way.....didn't care much for the gateway (Merced). GLTY!!
I need a drink......who's with me!
You know what ticks me off......not being able to be at a computer the other day when the A/S news broke and we were at .0285 and having a buy order for .023 in, having that execute on all my funds, and then watching the PPS drop to .016. Could have had so many more shares to do the things I want to do for my family. Somebody hand me a hankie!! What a day......long in QASP.
Seems as though the MMs (and whoever else) is content to let this channel at this .0175-.018 support level. Interesting times folks! These are the times that try men's patience.....and separate the men from the boys! Remember to smile, roll with the punches, and be thankful for all the positives in your lives. This craziness will be behind us soon. If you don't like what you're seeing, log off and come back tomorrow and it will likely be a different story.
I did not know that Skydivers......thanks!! Tough to keep up sometimes as rapidly as things are moving. Copy..$15M in the bank and more to come. Source?
The reason for this change is that the terms of the funding of the balance of our $350,000,000 financing...
I read this as Quasar has already received part of the $350M!! This is a done deal IMO!
Had to be away from my computer all day and set a buy limit order at .023 figuring a slim chance of a retracement. Damn...could have got em' alot cheaper!! OUCH! Set it at .02 initially but thought that wasn't realistic the way the stock was moving so bumped it up.....oops!
TD Ameritrade just fine. No changes. Sounds like something internal with E-Trade to me.
Hate to say it, but I think this is all much ado about nothing.
Nice movement up off that .022!
Yep.....all the stocks I track look like they are trading lightly. Just a slow day overall. I think the overall market is trying to assess the new jobs numbers......and, its a Friday!
How does a 145K buy trigger a drop in share price? Or was that a sell? Just trying to get more education here. MM games?
stockta.com opinion on QASP.......very nice!
QASP - Quasar Aerospaces (OTC)
Date Open High Low Last Change Volume % Change
02/04/10 0.0249 0.0255 0.0211 0.0239 unch 10530955 unch%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 15754398
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 50% - Buy
50-Day Average Volume - 17941719
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 16161054
Overall Average: 80% - Buy
Price Support Pivot Point Resistance
0.0239 0.0191 0.0235 0.0279
In reference to our trading day......in the famous words of George Costanza of Seinfeld, "I think it moved!"
I assume those sells are depicted by the RED line and buys are the BLUE line....correct?
Here comes that much talked about 1330 action alluded to earlier...interesting! Full tummies...full pockets.
Silly question....on the IHub charts, when you look at volume below the chart, aren't the blue lines buys and the red lines sells? Or do I have that "bass-ackwards"? If red is sell, is it MM manipulation that drives the price up after a sell?
Nice 550K buy there!
Care to elaborate? If not, stop "pumping". Not fair to call out the negative pumpers without also calling out the positive pumpers. All that said......we all hope you're right! Please don't take offense...none intended.
I agree with the neutrality issue......what I disagree with is that posters take the negative connotation of a reverse split and spin it to create fear/prey on ignorance. Made plenty off AIG before and after reverse split, so I wholeheartedly agree with you.
All this crap about a reverse split is simply that.......its a blatant attempt to spread the "fertilizer" and drive the PPS down. If it wasn't so pathetic and sad, I'd laugh.
Has anyone brought up the possibility that the first two announced acquisitions could have been 5 and 6? Still leaves it open to close the first four together per the PR. Know some have refuted that PR based on the fact Dean announced closing the first two acquisitions assuming they are two of the 1-4. It actually seems like it might be easier to get 5 and 6 done more quickly as separate transactions than to close 1-4 together....less red tape, fewer lawyers, etc. May not amount to anything, but just a thought. Good night all!!
Super day folks......congratulations!
I'm long in this stock Vince and have no problems with our holdings appreciating like they are today, but that's a "pump" if I ever heard one. If you have something substantive, put it out there. If not, don't comment. Please don't take offense my friend.
Did it ever occur to anyone that maybe Dean doesn't want this to go until financials are filed? Again, his picture is not short term and if he does want to get Quasar uplisted ASAP, this I would think is a key step, to put the paper trail in place to get that uplisting as quickly as he can. If this is his goal, then the implication is that the share price will take care of itself and he's already judged that share price won't hold QASP back. I can imagine the sigh of relief from him and the QASP team (as well as us investors) when they don't have to trade in the penny realm anymore, where there is so much trading based on emotion rather than solid financials/revenues/business plans, etc.
All IMO.....everyone hang in there and have a GREAT weekend!!!
A word of encouragement to all......"its always darkest before the dawn". This stock will ride up and down on emotion until we have definitive news, and ONCE THAT HAPPENS, we won't have to deal with all this "the sky is falling" talk anymore. This is all simply human nature and a definite lack of a long term view. Instant gratification has its place...but not here! Another encouraging quote....."good things come to those who wait." I'm waiting! If you've done your DD, whats the problem. If you haven't, you should. Off to teach.....GLTA!!
Disappointed like all are to see the kind of day we had, but I'm sticking with my DD and holding my shares. But, we've had these types of days in the past with much the same sentiments expressed. What's changed? Holding long and strong. GLTA