Meet Group Inc (MEET)

[CharlesNet]

Nice post cadillac, don't be such a stranger!

One of the interesting facts about QPSA is that it is a Bulletin Board stock which is a cousin to Pinksheet. Now, in many cases that might be considered bad as many institutions cannot buy these stocks and also many investors shy away. However, we have a real jewel in Quepasa.com and many people are buying. The interesting fact is that because we are BB the shares are NOT Marginable. That is, every share bought must be paid for in Cash. That keeps things pretty honest in that people are NOT borrowing money and getting worried about the leverage that creates and therefor jumping off the bus quickly.

The other Fact about Pinks and BB stocks is that it is Very Difficult to Short them. Now, it is not impossible but it is very costly to put up the money to do that and it is mostly done overseas. Therefore, a stock like QPSA that has been a Rocket in its share price would normally find itself in the camp of Shorters jumping in to knock it down a few notches. However, in QPSA there are no shares to borrow as it is not on Margin and highly unlikely that it will be shorted to any extent to derail the rise.

Couple that with the fact that the shares are in tight hands, there is Uplisting on the way, no doubt Landenburg-Thalmann will be revising their Buy recommendation, Skill Based Games are coming, New Users is continuing to blow away Estimates, etc, etc...we see $20 soon, IMO.