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Re: secureresources post# 6408

Wednesday, 12/01/2004 9:04:07 AM

Wednesday, December 01, 2004 9:04:07 AM

Post# of 7045
Secure: As you are aware of how the old saying goes, everyone has an opinion. I can not tell you truthfully to make a play on Qbid or not. I know many people that have got burned on that play in the past, and some made out like bandits. It was all about timing and that may be the case here again. Are you too late and will end up holding the bag until the next round? Who knows? Because I sure don't on that one. The one thing I do not like about it is that they have a zillion shares out and it is not about true value or generated revs at this point in time. I have made some good money on some of the pinks and OTCBB if I was lucky enough to get in on the ground floor before a run. I have also taken a position after the run had started and ended up holding the bag for months on end or took the loss and moved on. It has always been a game of a company's future potential, revs generated and timing of when to buy and sell. Even more so on these little company's that don't have a long record of success. It is a pure gamble plain and simple. HLSH, IBCIQ, Sons were a different story on my play there. These were companies with history and were still generating millions upon millions of revs weekly. The product or service's were still in demand, but the management had gotten off course and needed new direction. A company needs money generated on a continued bases to move forward and increase the stockholders PPS. Not just a spike of the PPS, but a continued increase of growth to substane that spike until the next round. The trouble with these small companies is that they don't generate enough money for that spike to hold value and therefore it becomes a timing issue of when to buy and sell to make the shareholder a profit on their play. If you trully feel that the company has a product of demand and know that they have good management behind them to continue to move forward as to where in time that they are not contiually staying afloat on the shareholders back, then make the play on that kind of DD and not just hype. Most of my plays boil down to either I am staying by the computer on a play to get out when the time seems right for a quick profit or I have done the best DD I can do and am prepared to hold long term for that continued growth in the PPS. You have stated that you have done your best DD and think the time is right for entry, then as far as I can tell, you are the Judge of this one. I could be in Vegas with you and be playing craps side by side. You say to me, Bill I have that gut feeling right now of being lucky and I would tell you to follow your gut feeling. Sorry I can't help you anymore than I have, but the plain and simple thruth is that this is a play that is a pure gamble of timing at this point and how long will it receive a spike on the plus side before it retreats backward. Good Luck and best regards, Walk
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