Wednesday, April 17, 2024 3:32:58 AM
"You're basically flooding the board with negative, which discourages buying and potentially influences more people to sell pushing the price lower and costing you even more than the $17,094 you claim to already be down since Friday. Why would you want to do that?"
It is a fairly gross exaggeration that I have been flooding the board with posts in the time frame you refer to, I find a total of 69 posts and as far as I can see I have posted about 16% of them. If you check you will see that the vast majority of them are in replies to posts I disagree with. These are mostly posts by people who are very optimistic about the prospects of this stock but who seem to lack the intellectual capacity to adduce reasoned arguments supporting their optimism. Since those who disagree with me represent the overwhelming majority of posts my 16% of posts create a somewhat better balance between optimists and pessimists.
I have posted on Ihub for more than 20 years. Time and again I have read that posters think the Ihub boards have little effect on the stock price of the stocks that are discussed. But of course this varies a bit. If my posts are marred by weak arguments I would assume that they have little effect on the stock price. If my arguments are cogent I would assume they have more effect on the stock price. But if that is the case I would think those who read this board deserve the chance to read my points of view. My guess is that Ihub has not that much effect on the pps. One reason for thinking so is that Stocktwits seems to be a more active board regarding IQST. You are yourself posting on that board. There are few negative posts on that active board.
Why is the pps down sharply in a few days? I think the reason explaining it is more or less the same reason that caused the pps to drop very sharply after I bought a substantial number of shares a few months ago: fear of more dilution. I read a post suggesting that the number of shares that will function as collateral for a fairly short-term loan (35 million shares if my memory does not fail me) was higher now than what was published some months ago. I also seem to remember that you yourself suggested that there was no change. Was that correct?
My general intention with my posts is to contribute to shed light on the postive and negative factors that can be expected to affect the future stock price. Since most posters post to try to influence the stock price upwards for their own benefit there is usually little need to post things that are bullish. But there is often a need to post bearish points of view. Thus my view is that I play a useful role when I post bearish points of view. If my points of view have flimsy underpinnings it should be easy for bulls to sap my arguments.
I hope that I possess some modicum of integrity. If you only trust self-serving justification for my mostly bearish posts here I will mention is that my posts ought to be a challenge for the bulls. It is useful for me in my investment decisions to see if the bullish shareholders are able to point out grave fallacies in my reasoning.
Recent IQST News
- 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
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 05:40:46 PM
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