is...sitting, staring at my positions, wishing the market was open to sell them.....
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ORRV: Is this it!?? GOING BIG?!
Not just talking about today, holmes. Talking about the "continual" buys at the ASK of .0002 the past couple of days.....thank you for posting.
AGEL: Continual .0002 ASK SLAPS
I do not have a pair account so I cannot pm. I'm out of funds in my account anyways, thanks though.
2 orders coming in at 1's is natural.....these are PARTIALS left over and there aint that much so get ready for .0002s.....
AGEL: .0002 back up and NO SELLING. This can RUN HARD.
I think that 1.6 mill at .0002 is gonna be a GREAT PURCHASE once this is churning at .0008!
AGEL has enough backers and eyes on her to last a looooong time. Next big runner, imo
Im in like Flynn. AGEL not near over!! Look @ this volume!!!
AGEL churning thru 1's back to 2's...great for a FLIP
We REALLY needs to HIT THE BIG BOARDS today so people know this is the EASIEST MOVER!!! Not sure if you noticed, but HMYRQ was among the top 5 INCREASED Q stocks yesterday, but lacked volume so it stayed where its at.....
A Bit more volume sends this to $.02 easily. My sell is at $.035
HIT DA BOARDS!!! (.0001 picks, Momo, BB!)
HMYRQ: VERY little moves this "Q"!! A few ASK SLAPS and this pops to $.02 in a few moments! Just needs volume.
HMYRQ: low floater...O/S = 60,763,000 shares!!
HMYRQ: This "Q" just needs ask slaps...SO THIN and easy to go! Went from .0006 to .0020 with only 3 buys! CRAZY RUNNER!!
HMYRQ: This "Q" just needs ask slaps...SO THIN and easy to go! Went from .0006 to .0020 with only 3 buys! CRAZY RUNNER!!
HMYRQ: This "Q" just needs ask slaps...SO THIN and easy to go! Went from .0006 to .0020 with only 3 buys! CRAZY RUNNER!!
HMYRQ: HOTTEST "Q" ready to POP with a little volume!!
PBLSQ for TOMORROW!!
HMYRQ: only 1 @ .002!! LOW FLOAT! EASY GOER!!
HMYRQ: last .002! very low float, easy GO!
HMYRQ is as LOW FLOAT as SHOEQ....just now BREAKING OUT. Check it.
Extreme LOW FLOAT and THIIINNNN!!!!!
WOW, this could go WAAAY bigger than all the Q's today!!
HMYRQ just now BREAKING OUT!
HMYRQ just now BREAKING OUT!
HMYRQ just now BREAKING OUT!
ROFLQ!!!
Wow, there is a bunch of ASK SLAPPAGE for ya!! Looks like the run AIN'T OVER YET. Gl
PBLSQ is the BUZZ! Lots of eyes on this "Q" company! Watch for early buying today.
PBLSQ is the BUZZ! Lots of eyes on this "Q" company! Watch for early buying today.
PBLSQ is the BUZZ! Lots of eyes on this "Q" company! Watch for early buying today.
PBLSQ: reverse merger?
PBLSQ: Picked by PennyStockGuru as a bankrupt company that is getting bought/RUNNING like several other "Q" companies.....read this:
http://pennystockgurus.blogspot.com/
PBLSQ: GROUP playing this heavily Friday, will same happen MONDAY?!
PBLSQ: rumors of Billionaire buying it out
So what do you think TOMORROW brings? Is this gonna RUN, DROP, or CHURN?
Divuldge....please. I have not heard this as of yet.....
Who? What Billionaire?
PBLSQ mentioned on PennyStockGuru's BLOG:
http://pennystockgurus.blogspot.com/
Friday, March 25, 2011
Want To Buy Stock Of Bankrupt Company? MODTQ, BUTLQ, EOPIQ, GACFQ, PLBSQ
The Q stocks were hot again today. After QSIGQ pulled a rare, common stock holders don't get the shaft maneuver every Q stock is catching a bid as traders try and find the next miracle Q. When I say Q I am referring to the last and fifth letter of the stock ticker. Almost all penny stocks have 4 letters in their tickers, but some do have a fifth.
A penny stock with a fifth letter is usually a bankrupt, a foreign company, or a stock that has recently performed a stock split. If the company is bankrupt the stock ticker gets a Q at the end of it. If the company is a foreign company it gets an F for the fifth letter. Stocks like Hieneken and Nestle Water trade on Pink Sheets as ADR's and they get the letter Y after them. A company that just split its stock gets a D as a fifth letter.
Now that you understand the lettering system for penny stocks I have a question for you. Want To Buy Stock Of Bankrupt Company? And if you do what type of return do you think a bankrupt stock usually provides? If that bankrupt company ever remergers from bankruptcy how much do you think your shares are going to be worth? These are important questions you should answer before buying a bankrupt stock.
To answer my own question, what type of return do you think a bankrupt stock usually provides, if the recent Q rallies are any indication Q stocks can and have offered big gains. But those gains are almost always short lived. Q stocks have a Q after them for a reason. A company files for bankruptcy because they are underwater and can not pay their debt. While you may read news about a company emerging from bankruptcy, 95% of the time common stock holders get nothing and secured creditors and bondholders get a nice equity interest in freshly issued common stock. That Q stock you bought after reading about the company reemerging from bankruptcy is still, for all intents and purposes, still a dead Q stock and is likely to remain that way for a very long time. It is very rare for common stock holders to get anything other than the shaft in a bankruptcy reorganization. Common stock holders are always last in line.
To answer my second question, If that bankrupt company ever reemerges from bankruptcy how much do you think your shares are going to be worth, those Q shares are more than likely going to be worth a lot less than you bought them for. For the rare Q stock's that actually come out of the bankruptcy, the common stock holder sees his/her stake heavily diluted. You may see your Q shares equity stake in the company drop 90% as the reorganization gives shares to the debt holders and once again does nothing for the common stock holders.
Even if you look at QSGIQ, while its run has been immense, after the news was released the stock has fallen. If you do stumble across a rare common intact type bankruptcy emergence, where the common stock isn't going to get diluted and split to screw over shareholders, buying before everyone finds out about this can be very lucrative. Once the good news hits the wires that part of the Q play is done and now you need to be looking at what the true value of those shares are.
The real question is why are people buying bankrupt stocks? Like any penny stock, its pure speculation. QSGIQ ran from sub $.01 to over $.60 the other day. It can happen. Money wasn't made waiting for QSGIQ to issue the common stock intact press release. The stock has fallen after that news hit. The money was made doing the research, finding the stock and buying it well before anyone else. If all these Q runners today reemerge from bankruptcy with the common stock holders not getting the shaft, then these stocks have much farther to run.
Without actually doing the research yourself you are relying on the stock's moves and message board rumors to drive the stock, which can be very risky. Of course buying a Q stock like all penny stocks, carry tremendous risk.
What I do like about Q stocks is there is no dilution, which also makes them ripe for manipulation. A group could buy up the float without fear of the company dumping fresh share into the market and killing the stock. So while Q stocks do offer the very rare reemergence from bankruptcy with common stock intact play, they also are ripe for manipulation. With QSGIQ still fresh in traders minds and rumors about other Q stocks possibly following on the same path are seeing their shares bought with reckless abandon. As a trader, and we've been watching these stocks the last few days now go up, unless you know for sure, you need to be trading the Q momentum and moving on.
Of course there is always the chance another QSGIQ comes along. Could it be MODTQ, BUTLQ, EOPIQ, GACFQ, PLBSQ are all emerging from bankruptcy and taking their common stock holders with them? That remains to be seen. For now lets enjoy the moves and have a nice, relaxing weekend.
Any ideas what a 'group play' could run this stock up to? I mean, it hasn't broke .0003s in some time now, it hit .0004s so, my thought is it could see much higher gains. Any ideas?
PBLSQ: GROUP just starting to play this yesterday. Rumored to have MAJOR GROUP ACTION on Monday!!
PBLSQ: indeed does look good for monday. The break through .0003 today in to .0004 territory means monday should see action too.....That is the BREAK this has been looking for!
FREAKING THIN!