SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Queryobject (QOSC) BREAKOUT today!! Volume @ 2 million!!!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sean who wrote (25)2/21/1999 8:42:00 AM
From: Zeev Hed  Read Replies (1) of 68
 
sean, there are more than 22 MM shares outstanding with sales under a million and accumulated deficits of $30 MM, how low do you think that can go? Well, the number of shares could explode to $50 MM in no time, the stock could drop to pennies and a reverse split could ensue. Their burn rate is close to $9MM and they need to go to the well continuously.

The big volume had to be created to absorb some 17 MM of shares just registered last month. What is the idea in even looking at this stock?

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext