HERE IT IS--Please read
I come back here once or twice a month and marvel at what's going on with this ridiculous stock and all the cast of characters.
All of the greatest PRs, Comcast, TW Cable, RCN, the GAy Games....nothing could save this fledgling 'network' (it isn't a Network, it's a F U C K I N G Channel, but I digress)
This stock has dropped further than any other stock in history. Yep, that's right. On a % basis, QBID has fallen greater than 99.9%. It just doesn't worse than that.
Investing here is like missing the Pacific Ocean, trying to hit it from the plane flying over.
It's DONE. It's OVER.
Less than 1% of any stock has EVER recovered after going to 0001, and--get this--NO STOCK has EVER recovered after falling back to 0001.
Look it up at www dot SEC dot gov / OTC and PinkSheet/ history dot html (replace the dots)
Read that again.
NO STOCK has ever recovered.
Stop thinking that this will be the first. For everyone that buys, Frank and co. dump 9 MILLION shares (that's $9,000), sometimes many times a day (check out Friday, when 45M shares were dumped after hours).
Seriously....Frank is grabbing anywhere from $27,000 to $45,000 a day just dumping at 0001.
That's $27,000 a DAY. NBA basketball players don't make that much.
And he's got hundreds of millions to go, maybe a billion shares.
This stock will not EVER go back up. It can't...and it won't. Frank dumps so much every day that the ticker just can't climb back up. In the extremely UNLIKELY event you see 0003...get out, run, and don't look back.
I bought QBID at 0040 3 years ago. It went to 0122 when I sold for a 205% profit. Like Gordon Gecko says, it was 'Better than sex..." But like an idiot, I bought more at 0187, and then at 0245 (yes, near the all-time high).
By the time I got out at 0107, after a few flips, my big profit was gone, to be replaced with a small but frustrating loss. Yes, I was furious.
And it kept going down. Why? 9M share dumps. Daily. All day.
0078..0050...0043...0038...0031...remember? It couldn't possibly keep going down, right?
Bought a TON at 0018, sold some at 0020, and dumped the rest for 0011-0014 (and man, do I count myself lucky it was only a small loss)
And here we are at 0001.
The patient has been pronounced dead. We've ALL lost money here (it's had 343 down days and only 48 up days in the past 2 years...so virtually no one has gotten out of this with a profit....except YOU KNOW WHO!)
So the next time you want to buy, bash, or pump this stock, just remember:
Frank is getting $27,000 to $45,000 a day from your stupidity. He's throwing LAVISH parties, with succulent food. He's sponsoring Gay Games and throwing money behind things in a desparate attempt to look like he's running a successful company.
But behind the smoke and mirors and 9M share dumps is the realization that he is a rotund, obese disgusting failure, the kind of person people don't invite to parties, but still somehow shows up, surrounds himself with 'friends' that he essentially pays to be with (albeit with your money), and then gets everyone to come over to 'his house' as he continues throwing money at people and things in a vain effort to make believe that the business is alright.
Well, it's not.
It a joke. In the industry, (and you can check it out for yourself), Frank is the punchline to many jokes.
But, as one Hollywood reporter remaked, "He sure does know how to throw a great party."
Eat up, Frank.
You f u c k i n g fat S O B.
9 million shares a dump, $27,000 a day.
Eat up.
