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Wise Investment

07/08/03 2:12 PM

#524 RE: the_ref0 #522

QBID trades alot and goes nowhere.
I own this also on the rumor of news going to be out this week.


morg38off

07/08/03 3:31 PM

#531 RE: the_ref0 #522

refo and wise:
This may explain some of the action on QBID.
"Months back I reported on this thread QBID obtained financing to get needed TV equipment. This was a 504 offering and was at .0001. This is where the selling is currently coming from not the company itself. This investment firm could care less about QBID and only cares about the current 100% return on their money.

Let them sell before news comes out is what I say about the selling. When, not if, Timw Warner does a news release this price will be history IMO. Buyers that are buying now would have never had a chance to buy at .0002 if thsi 504 seller wasn't selling. I hope in a few weeks new shareholders will appreciate this selling...sounds crazy yes."

--That wasn't me saying that--but I guess the 504 selling is still going on. IMO--this stock would move if the 504 would end and the TWC news was released. Maybe that's the plan--sounds like a good one to me--we shall see.--
P.S. - I'm not sure what a 504 is--is that like a debenture? I've experienced a couple of those.