Qbid most definitly was influenced by extreme valuations, I was in on the first run to .0036, and then bailed as it started to backslide because I knew it was way overvalued already. But, there were more than a few people on the boards putting the valuation as high as 10 billion. I believe they were using the sale of BET as a basis of their valuation.
Of course in hindsight I wish I had held longer, but I'm still happy with the 4 bagger I did get.
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