I think Management made a mistake by not having Q&A at that last conference call. I wager they will never make that mistake again. My guess is that the short-term holders have all but sold. Also, there are others that have been frustrated by the recent down draft in QPSA share price. On the other hand, Management is bringing on new Institutional and Large long-term holders. I ultimately think this will see new highs within 6-months or so. My guess is we see those 10's within two-months or so.
All is good for those who were frustrated that they couldn't get in on Quepasa earlier because of the huge run up. I am still holding a very large position and will look at perhaps buying more shares. I did get pushed out of the Margin Buys I made up in the teens but that is the playing field here.
I think the selling is mostly over. Could still see that 200 DMA but I think with the Wedbush conference coming up and other presentations investors who want to be in the hot sector of Social Gaming must take a position in QPSA or miss out.
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