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Tuesday, July 27, 2021 11:52:39 AM
We've now crossed the threshold I've been waiting for and I can now purchase IQST below where I sold out several weeks back. Why would any rational person buy IQST over 50 cents when this is the price they've stated that they'll likely deliver several more millions of shares to the market at? It's Investing 101, and there's no counter balance of institutional buyside pressure to drive the stock higher (other than if they can buy it below 50 cents) especially when set against the broader "harvest my gains" mindset of the overall market. Plus I believe shorting/hedging/collaring of gains continues for some of those lucky front seat relationships that were able to molest the Company at 10 cents per share.
Until IQST demonstrates quantitatively that there's upside in their financial numbers during the second half of this year (and beyond), I think these continued "trust us it's coming" press releases from them talking about how many millions more dollars in revenue they may possibly earn if everything goes as planned, when contrast against how they fleeced their retail shareholder base with their recent 10 cent equity offering with their [friends and family office] institutional buddies, just doesn't cut it.
I plan to buy back in, just not yet. Will be interesting to see if we trade below 49 cents and if so, by how much...
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My comments and implied views are provided for entertainment purposes. I am not a certified financial advisor and I am not qualified to give financial advise. Please do your own due diligence and make your own decisions.
GLTALs
Recent IQST News
- Form 8-K - Current report • Edgar (US Regulatory) • 07/16/2024 08:00:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/12/2024 09:27:15 PM
- Form 424B7 - Prospectus [Rule 424(b)(7)] • Edgar (US Regulatory) • 06/05/2024 09:25:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:05:00 PM
- IQST - iQSTEL Announces $290 Million 2024 Annual Revenue Forecast • InvestorsHub NewsWire • 06/04/2024 05:43:14 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 01:14:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 08:04:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:56:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 10:19:27 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 02/13/2024 04:40:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 03:47:57 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/08/2024 02:18:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/06/2024 08:37:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 05:28:56 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/30/2024 09:58:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 09:24:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/25/2024 10:26:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/25/2024 10:22:44 PM
- IQST - iQSTEL and QXTEL Announce a Deal To Become Quarter Billion Revenue Corporation • InvestorsHub NewsWire • 01/22/2024 02:56:12 PM
- Will Acquisition News Send Shares of this Telecom Firm Higher? • AllPennyStocks.com • 01/22/2024 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 05:11:18 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/28/2023 08:29:17 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 05:12:58 PM
- Company Preparing for Uplisting Announces YTD Results • AllPennyStocks.com • 10/19/2023 03:50:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/28/2023 04:15:24 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
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