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completely agree.
the truth is, no one here knows whether or not there is dilution BUT what we do know is that there is a share buyback and the CEO is buying shares also.
We also know that shares would not be issued as financing towards our acquisitions.
the only chance of dilution could be towards the purchase of the shell and (recently and understandably) lawyer fees.
The people screaming dilution are preaching it in the area of 10-18 million a day... this is wildly irresponsibly considering that our pps has been steady on the last week. Dilution in the area of 10-18 million a day would take the stock straight down considering that is average volume over the same period. We would be seeing 50%-100% sells on most days even if non-dilution trades were 100% buys... This idea doesn't add up. We would be flirting with triple zeros by now if that were true...
AND ,HELLO, O/S INCREASE IN NOT indicative of float open market dilution
no one knows.. we will find out eventually, and when we do I would rather be on the side that will win big.
good post. I believe we a drowning in red right now from all the negative posters. I'm not going to listen to all the bashing, just listening to the executives of the company I own. :) Our news will come.
Uh. no and no. and since when do stocks like 500 millions in volume go up 40+% on 29 million in volume. Im not worried.
This is how I figure.
#1. We don't know if there is dilution at all. Especially right now.
#2. An increase in Outstanding shares (according to people I don't know) is no indication of open market dilution.
#3. The company has stated many times that they are buying back right now and have stated that they are not going to dilute in the future.
#4 Company's that dilute their float generally don't scream to the world that they aren't doing it (unless they want the SEC to come knocking!)
#5. People who bought just need to sit back and watch what happens. If they truly believe this company will be growing into a 100 million $$ revenue company then they should also not go on a witch hunt for dilution. I remember SPNG when all the crywolf's were preaching dilution! dilution! dilution! The negativity crashed the stock into oblivion. I based my opinions on financials and pr's from the company, and we all know what happened since then... +2000% or so I believe. So I'm going to do the same thing here...
ugh... dangit, Hudson Securities!!! You gotta buy!!!
A pr today and heavy selling in the second half of the day... what happened!?
nice finish above 200 day ma!
yup. lotsa buys going through in the last hour. looks good! would be nice to see a nice advancement through eod.
brik, could the O/s increase have to do with employee benefits and stock packages to executives of the acquisitions?
i thought there was a buyback!? why is o/s increasing?
that's pretty outlandish...
balance sheets show a lot of cash going toward investment in subsidiary "other." good sign!
addddd!!! we are at bottom! remember where we bounced from? 200 day ma. Just like today and now with absolutely huge news!!1
YES QASP! HUUUUUGE NEWS!
they did also state in their pr that they have the funding. there is no dilution here and will not be any at all.
yup. that delay was a godsend to longs who still want to add in the 2's. but the deal will happen, and we will make plenty of money. loved the explanation of their current situation, and all. looks great.
yeah. after the morning sell we got plenty of buying. should see this turn back up. that news wasn't that bad yesterday. they told us no dilution, explained why they delayed, and explained why they need it on the same day.
check out the front page of wepickstocks.net !
rcc is nothing more than a holding company for a couple companies with 1 that is actually making money: IWS. these archive things are ridiculous. no connection.
oh yeah. it is. this minority of sells is carrying this. i dont get it. 20 straight buys and the stock goes sideways. 1 sell and we fall 001 or 002... wtf is going on here.
im not gonna be shooting down ppl's airplanes here but I'm waiting til friday for a pr. That's the day the company will be finishing up the deals. no reason to get over excited about something thats not a primary source. However if he is telling the truth then thats fine.
can you post the entire email please? that's a pretty surprising statement.
i wouldn't be surprised at all. we will most likely see a gap up on news like this.
what's your source?
could be. i cant think of any other reason. very odd trading today for sure.
it seems as though we fall on every sell but it takes 5X in buys to get us moving north.
who knows. it seems like we get a couple large sells and the pps gets KILLED, but we get 5x that in buys and we go no where.
it cant go forever. these buys will push us into a nice close imo
!QASP Moving with 4 acquisitions to be announced friday!
i think we will cut through resistance like butter this time also. tested once and now we are ready to break it. gonna be a great week.
i hope so. with the news we wanna hear, it will be for sure.
very true GEO. it will happen at some point. and i will have plenty o shares waiting for it.
a few dates have been pushed back already. but all were pushed back to one single day - august 28th. also, all the other delays were told to us well in advance. unlike if it was to be now. but its still possible. i just hope not.
let see a nice EOD move!
woo! +17% nice bounce today! hopefully we can continue up straight into the acquisistions
chart i put together today: http://wepickstocks.net/content/qasp-annotated-chart?size=_original
im hoping if there was an increase it wasn't too much. imo, an increase under 20 mil will not matter with so many strong long positions.
i think even if the float was increased that it will still move as it did on the previous run. shares have been bought and held tightly, leaving a freely trading float near or lower than previously...
i think pps is at an attractive position. first white candle in 6 days and holding its own above 2 key moving averages with strong volume. ... i think the volume we saw today is an indication that people wont let this fall farther.