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Re: Mineiro post# 82691

Monday, 02/15/2010 1:19:54 PM

Monday, February 15, 2010 1:19:54 PM

Post# of 375420
You must not watch the Pink Sheet market each week.

I see tons of stocks each week go up 100-1000 percent on No News and just momentum from Breakouts and Trading groups and Promo Groups pushing them hard with Numbers from there Core Customer Base.


QASP has a very tight Float now and on any MOmentum push this could easily get to .10.

20 percent Buyback will do Wonders to this stock on a very thin Float.

Rule of thumb for most stocks are once they break
.01 then .03
Break .03 then .05-.07
Then .10s
Then .20s
Then .50s

This works both for the upside and downsides of each stock.
It really does work the majority of times and the MMs know these levels well and usually have the habit of hitting these prices as they get through the Resistance Channels.



Anything and everything possibly imaginable can happen to any stock on the pinkies and proof of this exists every week with Huge Runners that have no Revenues and or Good fundamentals but Large Numbers can make anything possible

QASP is a different story and will have the Assets and Revenues to blow most of these other runs out of the water and this could run for Several months to years if Dean plays this right.

If you cant run with the Bigdogs stay on the Porch

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y