lopaka, remember, I said "I THINK." I cannot post facts, 'cause nothing with Qtrax is a fact until it actually happens. Everything I post is in My Opinion Only and nothing I post should be construed as any type of recommendation!
I would also like to say that as we've seen, the pps does not always act the way we expect (or want) it to. With the Universal pr, I thought the pps would have stayed higher. Apparently, most of the adjustment was pretty much already priced into the stock when we had that nice little run up on 4/23. It seems that the news was known back then, and we jumped 25% from about 0.04 to 0.05. The run the day before the UMG announcement was simply day traders buying the "rumor" and selling the "news".
That being said, I am expecting good things this week. We'll see what the pps does. My personal strategy is to hang on to every share, and not trade it. It adds too much volatility to the stock and confuses everyone. I am not in this for a quick 1 or 2 cents. I'll let the day traders take that pittance of profit. That's kinda like hiring a hooker - a one time pleasure. I am searching and waiting patiently for a soulmate that will enrich my life forever! There's too much risk with a hooker. (Sorry about the analogy, just couldn't think of anything else to illustrate my point!)
I believe that Qtrax is still suffering from a credibility problem and that we will not see any REAL movement from investors coming in to the stock until the downloads are activated and people can try it out for themselves. Believe me, when they do and see the wealth of music available from UMG alone, they'll be convinced. The next big hurdle from an investment standpoint will be Wall St saying "OK, you've shown us the songs, not show us the money..."
KTF!!!!
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