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BigTips

10/12/04 2:53 PM

#29491 RE: nkad #29488

reverse splits are a last resort for a company to get it's PPS up in order to attract new investors.

Am I a jack, because QBID looks dam attractive to me at these levels! Kinda makes me think they lowered it this low to attract new people..hmmmm.

Good post nkad, agree.
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prince

10/12/04 3:06 PM

#29499 RE: nkad #29488

nkad...I'm with you buddy!...

You're right, it is fun to throw out numbers! But, I hate to throw out any numbers that might suggest a nearly 200,000% profit in approx. 1 1/4 years. Hell, if it ever really came to that, I for one would not be reading these boards anymore, and you can take that to the bank (I know I will!).

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skunksyard

10/12/04 3:21 PM

#29505 RE: nkad #29488

nkad...if Frank thinks this is going to be a money maker in 12 to 13 months as he stated in his webcast..hopefully we get on his agenda and get him to do more of a buyback..
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afxm

10/12/04 3:52 PM

#29517 RE: nkad #29488

This Board Needs to STOP perpetuating the Idiot Idea of a Reverse Split. It ain't gonna happen, Period. This crap started last weekend and should have been killed monday morning. the experienced know that a R/S is bad, now let's drop this Sh!t and talk about something relevant.
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mr_geronimo

10/13/04 2:20 AM

#29582 RE: nkad #29488

Agreed. The company has no business in artificially supporting their share price. I stated previously that the company's job is to manage and grow their business, not to manage the stock. Companies typically do not comment on the movement of their stock, and this is good policy. Stock valuation and movement is dictated by a free and open market (except when manipulation is taking place).

No need for a reverse split. It isn't going to happen. Individuals are just blowing off steam because there is a lack of news and they are frustrated. Make your purchase or sale and go do something else. I check the message boards from time to time but centering your life around them will absolutely drive you insane.

Happy trading, and cheers!