Bruised...How do I really feel??? The idea for a gay TV channel is great...
It was "recommended to me by a friend...a girl, actually...the idea trickled down thru a circle of friends.
Qbid as a subscription channel....a gay/lesbian channel ?? Well, I'm neither a marketing wiz or gay....but, from what I know of the "scene", gay men and lesbians aren't exactly "brothers and sisters"...so, subscription isn't the best idea.
The stock itself....I laughed my a$$ off....it's a joke....a total piece of junk...ya have more chance of seeing Jesus walk across the water than seeing this stock reach a dime !!!
BruisedPinata, with all humility, let me give you a clue !!!!
Any stock....even if we are buying for.... and, "betting" on it's future potential.....any stock must have some relationship between the stock price and the value of the company at some point in time.
When I bought this, it was RUMORED that there might be 25 to 50 billion shares out there....now, there's 350 BILLION...
DO THE MATH !!!!!!
Back then, the company at some point in the near future would have to be worth more than 25 BILLION dollars for the stock to be worth a buck....THAT'S A JOKE !!!! Qbid was making a dime then !!! It NEVER did.
Do you know how hard it is for a company to be worth ONE billion dollars ?????
So, why did I buy it???
Who knows....I figured it was a roulette spin....at the time it had good movement between .0001 and .0002.....it cost me less than $1000 for 6 million shares....I win or lose more than that in Atlantic City....so, I took a shot.
If it went back to .0003 or .0004, I'd be looking like a rose...now, I'm just another jerk.