FunkeeTown

people are just taking profit. i think the next wave (tomorrow) might push this beast over the penny. we hit 0.0097 today.

Scrib

@ beast


Ya, it's a BEAST all right...

FunkeeTown

any stock that makes 50% or more in one day deserves the "beast" nickname.

i'm actually really anxious about what's gonna happen tomorrow. extra money in the bank just in time for christmas and the gran turismo 4. ;-)

yuhoo22

funkee, you got PM

FunkeeTown

scrib go here...and click on the first page. there is a whole interview with the ceo and shareholders from the the last meeting. it tells you how many shares there are...outstanding and authorized. just read on. this all too familiar because we traded a billion shares for a couple days in april and the stock shot up from 0.0088 to 0.028. deja vu!

Scrib

Thanks.

FunkeeTown

ready for the opening bell...1st of december is here...roll qbid roll.

Scrib

I've held this penny stock so long I've lost interest. Ever since I bought it, it's been a loser.

It's nice to finally see so "gains", but it's got a LONG way to go to even remotely bring a smile to my face.

FunkeeTown

when did u buy in at 2 cents or something, scrib? first time around i bought in at 0.0008 and then at 0.0018. now i'm at 0.0030...so it's already green for me.

Scrib

I'd have to look... It was at the higher end... .012 or something...

FunkeeTown

looks like it's gapping up...down to yesterday's close and up, hopefully

Scrib

big mover today

FunkeeTown

whoa, this thing is retracing like crazy. scrib i guess we're gonna have to wait a couple more days to have a smile on our faces.

Reddly9007

looks like a real winner to me, falling in a huge pop today. This is why penny stocks are so risky, plus they can be moved around to easily cause there volume is shit.

FunkeeTown

well, u also have to remember to buy in and get out when it's high. the only risky thing about pennies is holding them like real stocks...they're meant to be day traded. i knew you're gonna come out when this thing went down a bit. where were you yesterday when people were doubling up on their money? actually today is a day to buy some more because this price will be up around a penny again soon. i know qbid is gonna rebound, i've watched this stock for over 2 years. gotta play the swings...

Reddly9007

I understand the principles of buying on dips, but this stock looks like a falling star formation. Its fast rise doesn't look good on a chart. I guess this is your type of investment but I would stay away from it. When the markets rise no one plays in penny stock, people stick to where the money is really moving.

Reddly9007

what news did this stock recently have?

FunkeeTown

i agree that this kind of investment isn't for everyone. it is very risky but can also yield high gains. don't get me wrong, i like investing in blue chips, and others. i held acf and sbux for the longest time this year and even played sunw for all it's worth. the penny market provides a little more excitement though because with some of these bigger companies it's steady growth and it's almost too boring. i like fast paced decisions and making 200 bucks in a few minutes. plus you have to have way more invested in the big stocks to make any kind of money. anyway, you asked about recent news...they're all over. go to allstocks.com or etrade.com and type in qbid in the quote window. they're buying back shares, signing deals, and today was supposed to be the first day of them taking subscribers...that's why everyone got so excited. the close doesnt' look to bad right now...only down 15 percent. that means more people are getting in at these low prices. this company has come a long way and they are solid. it will take at least another year to see any major movement but to build a solid base position now with 500,000 shares would not be a bad idea. i mean you're risking like 3 grand that someday might be worth a million. it's a long shot but imagine the possibilities.

Reddly9007

I can think of better ways to lose money than in the market

FunkeeTown

if you know what you're doing you're not gonna lose money. why are you so negative about the market. people make great money in it everyday...what did u get burned before or something? gotta stay positive about you investments. man, i can't believe that martha stewarts stock (mso) has doubled since the whole scam with her inside trading. she's even richer than before. i guess you can never go wrong with that kind of publicity. good or bad. anyway, many good stocks out there before christmas...don't forget about Target. peace.

FunkeeTown

alright so the new pr came out that the buyback will be complete in several days (dec.10th) first subscriber numbers should be getting in on the 12th. this should be an interesting month. 0.005 is still a good entry point, remember last week, it went from here on up. time for another wave.

nandowong

any one know of an online company that will let me buy penny stocks?
I have sharebuilder.com on sirius and sprint, but i cat get penny stocks through them.

r3mix3r

Ya I use E-TRADE and I bought qbid...

RR32CLS

PALM SPRINGS, Calif.--(BUSINESS WIRE)--Dec. 6, 2004--Q Television Network, (Pink Sheets: QBID - News) announced today that the company will complete the 2% buyback of QBID's outstanding shares on Friday 10th of December.
"As I have said in the past, we at Q are committed to our shareholders," said Frank Olsen President and CEO of Q Television Network. "We are tapping into an untouched market and believe whole heartedly in the success of Q Television Network, and I believe this buy back shows our commitment to the success of Q."


what does that mean????

Doc.Booty

The company itself is buying shares from shareholders. Usually not a great sign.

Doc.Booty

I might throw some bling at this, Scottrade needs to activate my account

rise

why is this not a good sign?

Scrib

http://news.morningstar.com/news/MS/...9buybacks.html

RR32CLS

good stuff

elliot

up 31% today.... big mover.

Scrib

...and it was down every other trading day this week.

Doc.Booty

I think i'm going to throw $100 at it here soon. If it decides to take off i make a decent amount of money. If it tanks i'm only out $100

Reddly9007

honestly if you guys really think this stock is going to blow up go to some other forums (investment forums I mean) and watch what they say about other penny stocks, every damn penny stock is pushed by someone who thinks this is going to the moon and he's going to make so much money, don't miss out on it they always say. I am not saying this one isn't going to the moon but I just want everyone to get a understanding of what the penny market is all about. It is an extremely risky investment. And yes you can hit it big, but the odds are heavily against you. There has been a ton of better companies to come through in the penny market so its not like this one is something spectacular! Just looking out for everyone, I hope it does to up a ton and all of you make money!

KavexTrax

Scrib

That's one way of putting it...

FunkeeTown

i guess that's why the post was to all the "day traders" out there...NOT to all the newbies. there are thousands of safer investments out there than this one. have fun and try not to lose too much money out there people.

Doc.Booty

Spectacular? No. Pretty highly hyped? Yup. But...

If you haven't noticed, "gay" is popular. Queer Eye is HUGE, everyone loves pink shirts and shaving all of their hair, etc. Plus there's nothing in the market that targets gay people. Now, that isn't a gurantee for success, but it gives the stock at least a little bit of legitimacy. Does the market need a network targeted at gay people? Maybe, maybe not. Do gay people want something like this? I have no idea.

But it seems like it has some possibility. Like i said, $100 in means a decent chunk of change if they get up and running and become a decent company, and minimal losses if they eat shit and go face first into a concrete wall. I certainly won't be putting my entire portfolio's worth into them.

GoDucksCLSPride

I just bought $100. It could be the smartest decision I ever made or the quickest one i ever forgot.

Ahh, the beauty of penny stocks. Ill never miss the small investment, but will deffinitly enjoy the earnings if lightning does stike.

terse

what does UNCH mean?

moonraker

if youre referring to when this appears next to a stock symbol, it stands for "unchanged" as in the price is the same as its last closing price.


anyone got more info on QBID? still waitin for it to possible make a jump hah but still nothin yet. i only check on it every once in a while