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Microcap & Penny Stocks : Cubix Investments - QBX on the CDNX

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To: gypsy who wrote (15)1/8/2000 8:27:00 PM
From: keith massey  Read Replies (3) of 135
 
Hey Gypsy

I remember HARS.. very illiquid with only an average of 10K a day with numerous days it didn't trade. I was hoping the volume was going to pick up if the company started a promo. If I remember correctly I told the HARS thread that I sold all my shares at .66 back in June but expected a Sept.-Oct. run on the release of their travel Website. Well the "BIG" run I predicted only took the stock up to .84 in Sept-Oct. so I guess my ESP was way off on that stock, You can't win them all<ggg>. I took it off the watch list a long time ago when their balance sheets started to turn the other way and it became apparent that no promo. was going to happen in the near future.

QBX trades every day for an average of 20-30K so it is somewhat illiquid not impossible to get shares at a reasonable price. It had a few 100K days a few weeks ago and historically the volume picks up during promo's. Of course I am not recommending anyone to buy but just thought the facts of the company were interesting and deserved to be posted. That is a lot of money and assets for a penny stock.

Best Regards
KEITH
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