To All You Day Traders Out There! - (QBID)
10-09-2007 | 06:35 PM
#85
dɐɹɔ ǝɥʇ ʇɐɥʍ
Joined: Jan 2004
Posts: 7,522
Likes: 1
From: Lexington, KY
Anyone else still have this, something HUGE happened. I have 25,000,000 shares and at one point was up $124.9m, right now its worth still kicking around $8m, but there is a hold on it. I suspect they have to adjusted it for the transfer to cinamax, but if not I am one happy mo-fo! 
even if it was only on paper I am quite happy having been worth over $100m
even if it was only on paper I am quite happy having been worth over $100m
10-10-2007 | 12:37 AM
#86
Adventurist.
Joined: Jan 2004
Posts: 6,661
Likes: 58
From: Orange County, CA
Originally Posted by Tireguy
Anyone else still have this, something HUGE happened. I have 25,000,000 shares and at one point was up $124.9m, right now its worth still kicking around $8m, but there is a hold on it. I suspect they have to adjusted it for the transfer to cinamax, but if not I am one happy mo-fo! even if it was only on paper I am quite happy having been worth over $100m
even if it was only on paper I am quite happy having been worth over $100m
10-10-2007 | 07:14 AM
#87
Administrator Alumnus
Joined: Oct 2001
Posts: 26,326
Likes: 131
From: Northwest IN
Originally Posted by Tireguy
Anyone else still have this, something HUGE happened. I have 25,000,000 shares and at one point was up $124.9m, right now its worth still kicking around $8m, but there is a hold on it. I suspect they have to adjusted it for the transfer to cinamax, but if not I am one happy mo-fo! even if it was only on paper I am quite happy having been worth over $100m
even if it was only on paper I am quite happy having been worth over $100mI would check that... CPPC.PK is the new trading symbol and there was a major reverse stock split. If you really own that many shares, I'm not sure what the reverse means to you, but I doubt it's worth what you say...
http://www.cinemaxpictures.com/merge.html
FWIW, I got my 100 shares of CPPC.PK. I can't believe I held on to the qbid shares for over 3 years. heh
10-10-2007 | 08:12 AM
#88
dɐɹɔ ǝɥʇ ʇɐɥʍ
Joined: Jan 2004
Posts: 7,522
Likes: 1
From: Lexington, KY
I posted before I did any research, the split hasn't hit my account yet, that's why its worth so much. I thought this pig was dead, so seeing any activity makes me happy. While this may not make anyone rich, it sure looks like there is potential to break even or possibly make a little money.
10-16-2007 | 03:36 PM
#91
dɐɹɔ ǝɥʇ ʇɐɥʍ
Joined: Jan 2004
Posts: 7,522
Likes: 1
From: Lexington, KY
I'm glad this is "play" money, some crazy stuff going on right now, if it were money I needed I would be having a heart attack!
What I believe is going to happen is a 50000:1 reverse split, while that sucks, I'd rather see that happen and have Cinemax do something, QBID has been stagnating for a while now. With any luck I may make some money.
What I believe is going to happen is a 50000:1 reverse split, while that sucks, I'd rather see that happen and have Cinemax do something, QBID has been stagnating for a while now. With any luck I may make some money.
10-16-2007 | 04:00 PM
#92
Administrator Alumnus
Joined: Oct 2001
Posts: 26,326
Likes: 131
From: Northwest IN
The press release dated October 5, 2007 regarding the reverse split and merger stated the following ANY SHAREHOLDER THAT HAS 100 TO 499,999 SHARES WILL RECEIVE 100 SHARES. This should have correctly stated "Any shareholder that has 100 to 4,999,999 shares (four million nine hundred ninety nine thousand nine hundred and ninety nine) shares will receive 100 shares (one hundred)."
Shareholders with 5,000,000 or more QBID shares will receive shares based on the 50,000 to 1 reverse stock split as stated. For example, a shareholder with 10,000,000 shares will receive 200 shares of Cinemax Pictures."
Shareholders with 5,000,000 or more QBID shares will receive shares based on the 50,000 to 1 reverse stock split as stated. For example, a shareholder with 10,000,000 shares will receive 200 shares of Cinemax Pictures."
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