Replies to post #3279 on Meet Group Inc (MEET)

[CharlesNet]

There are "problems" with Quepasa:

1) The stock sold off from $15 to $5 (investors are burned and scared)
2) The Shorts put out a lot of bad and erroneous information
3) The company only has less than $2 MM in DSM Revenue moving into this year
4) There have been no new DSM Contracts announced.
5) Sequential monthly New Users have dipped for 2-months in a row.
6) Games are not getting traction (except for Snap Me Up)
7) Many large shareholders are gone...they sold above $10
8) Social Networks are not currently in Vogue with the stock market as they were a couple of months back
9) The share price is finding a bottom.
10) Investors have No reason to BUY shares and the rest of the market is moving up.

Disclosure: I am Long and own a boat load of shares. I believe that QPSA shares will be at new highs by the end of the year.