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X-SIRI

05/10/10 4:58 PM

#120144 RE: legoses #120142

What big run up lol. Look at a 1 year chart. Trend is down and always has been. Most penny stocks end up at .0001. Why should QASP be any different
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ebbNflow

05/10/10 5:00 PM

#120145 RE: legoses #120142

I am pretty new to this as well but I had a Big board stock DNDN that did the same thing just before big news however the share price was going up then just before the anouncement DOWN it went BIGTIME, then came back up. It had to be manipulation but nobody ever said what happened. I don't know if it's the same here because we have been consistently going DOOooowwn. I think it looks like Sh##t personally but still holding.
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rekcusdo

05/10/10 5:02 PM

#120146 RE: legoses #120142

Price always drops with news. You think this is low...wait till next week. haha

Long in the long run, though.
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emeraldcityking09

05/10/10 5:03 PM

#120148 RE: legoses #120142

"Investopedia explains Capitulation
After capitulation selling, it is thought that there are great bargains to be had. The belief is that everyone who wants to get out of a stock, for any reason (including forced selling due to margin calls), has sold. The price should then, theoretically, reverse or bounce off the lows. In other words, some investors believe that true capitulation is the sign of a bottom."

After bargain buyers load, momentum players can jump in and keep the stock running. There can be many explanations for this phenomena and I don't pretend to have a great explanation, but these run-ups do happen and can be violently profitable, IF you play it right. I could give plenty of examples, but it seems like whenever I mention other tickers/stocks, my posts get deleted.

In any case, I have been in this for the potential of the company. Management has been godawful and the stock is trading at a value that denotes no trust in Dean (deserved in my opinion). Should he ever, FINALLY, deliver the goods, you can bet this stock will run. With that said, Caveat Emptor. GL.
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MarketGeometry

05/10/10 5:16 PM

#120160 RE: legoses #120142

there is no typical scenario every stock is different. People make bets based on probabilities of some events hapening. Nothing is guranteed like many things in life. Invest what you can afford to loose.
This stock is event driven (funding). Stock price is mostly driven by market psychology not always by underlying assets/value or potential value of the company. I like the reward/Risk ratio here and i have very long investment time horizon. Everybody's definition risk is different. To me i define my risk is

what is the probabilty of loosing all my my capital if i decide to sell 2 years from now?

My answer is risk is low and reward is great-compared to similar investment available to me at this time.

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decouverte d Elbe

05/10/10 5:24 PM

#120165 RE: legoses #120142

They always take it down before a run-up, because things always look the worst, and then boom..news that you waited for is out..why? manipulation..on the big board, it's the big buyers (on a good stock) , on the pinks, it's because they CAN!