what is...
IMO it is an excellent risk/reward ratio on a very speculative pink sheet stock... my rose colored glasses see that this stock will some day own the intellectual property rights to a very valuable set of programs that it put together...
and if that day comes... the carriers will be oh so happy to carry QBID ...and QBID will become a cash cow... it is the intellectual property that has the value... and if QBID gets its programming together... it will mature into an earnings machine... what are the odds this will happen... pretty damn good for a stock selling under a penny...
And, there are no fortune tellers that can really say what will happen before it does, but IMO this stock will soar past 25 cents long before everything gets into place... I think we need 10 million potential subscribers and a 10% pickup... or 1 MM subscribers, and we get to 25 cents... I think that is a realistic target and it represents 24.5 cents up verses .004 cents down... you do the math...
So, you can lose money in any stock... INTC is way off its highs, it is all about when you buy and what vision, perservance and luck you have...
May the stars be with those who look through the rose colored glasses... not many others will enjoy the ride ...
I'm waiting for this cash cow... and I am outta posts for the day, lol... so there will be no more positive comments from me... but I will sign off by saying again, they will own the intellectual property rights... and that is the key to great value...good luck to the dreamers and the visionaries, may the qbid holders be in the latter group...