QPSA (QuePasa.Com) just had a blue sky break out today. Not one of those hyper-inflated 40%+ spammy runs in a day, but just a steady, confident chart-based (and fundamentals) breakout.
I first alerted our young friends in Sidney's Trader Chat a couple months back when QPSA was in the low $4.00 range.
IMO, QPSA will continue its upward ascent towards $20 in the next 12 months or probably less as the business is clicking on all cylinders. Now adding more than 2 million subs per month. QPSA is the only publicly-traded social media play out there. It WILL be taken out by a larger player like Facebook or Twitter eventually. The growth is too exponential and it's currently undervalued by more than 4x its per/subscriber valuation when comparing to Facebook and Twitter per/subscriber valuation. The float is only 8 million (last time I checked) and I know it is very tightly held.
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