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IL Padrino

01/29/05 6:50 AM

#2031 RE: skitahoe #2020

I think that they have been buying back shares for a while now a little at a time. One billion shares would cost about $2M. I think it's very feasable that this company has the funds to do that over a 5 year period for example.
The CEO of QBID personally bought back and cancelled 1B shares. If he can do that, it's possible for Fayiz to accomplish the same kind of thing.
I hope that something happens soon. I really could use a few million bucks to get my life in order.
Anyway, bottom line is that this stock scares me because it is a news release away from making an enourmous jump. I think that Universal Trader is right in that we could one day see this stock open at $3 a share. I hope I'm at a computer when that happens.
I wish that Fayiz wasn't so secretive with everything. We could really use some info. Everything we all post is just speculation and heresay.
Anyone heard from ROUNDMOT? I haven't heard anything from him in a while.