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Wednesday, January 09, 2019 1:29:27 PM
If they are a scam they have lining their pockets.
if they aren't a scam they have chasing other getrich quick schemes, advertising expansion, and if sales actually do go up, real expansion.
I give up, the peeps who say this company is a POS win. Sure, let's say it goes to trip 1. Then Ballas will have gotten maybe 50% of what he hoped for on 5 billion shares.
Of course, let's assume UBQU is a POS now. and will stay a POS for a while. the bids are huge, so it might take a while to drop to trip 1. it's a MMs dream, and peeps can make hundreds on the day trades with only thousands risked.
so at this point, only 2 reasons to stay in.
1. dollar cost average on the way down, and on non dump days, make lunch money on the bid and ask
2. hold...as skypilot said.
one day, they'll either sell out cuz their product is good and they'll make possibly millions on the sellout
or, they'll change the name, or if they are not corrupt, something just something ballas and company does gives them the PR they need and then all of a sudden the mood of this room goes from hate to love
or, they'll FINALLY convert all 5 BILLION shares....pay the debt, even the advertising...and....hey....the stock is actually worth 0015.....
my hats off to smiling, the bears and all of you guys who said this stock is a crapfest. I was hoping you are wrong, but I'll admit when I'm wrong.
even so, I'll dollar cost average, and join in with the MMs and lunch money churners, even trade it when it drops to 0001 until I hear that this company isn't actually selling a product people like, and want to buy and distribute in real life.
IN the mean time, wal mart and Microsoft are almost...almost paying for my UBQU addiction.
Go ubqu...yay
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