Bob, it looks like you're one of those people who don't believe in self-fulfilling prophecies. Fact is, the "big guys" have to file with the VSE before they can sell. This includes the B.O.D., and officers of the company, as well as big shareholders. I checked a few days ago (last week) and there are no such filings. It's nice that you have the luxury to bash the company, and the stock price, thereby showing your good taste. Many of the sellers (based on positioning) were small owners, perhaps like you the money isn't important, or perhaps it is. I have my own philosophy about when to bash a company: namely, never, or at least, almost never. If I don't like it, I don't buy it. If I buy it, I'm the one responsible for whether I hold on to it or not. If I lose confidence, I stop supporting it, and sell it. But why bash it? I'd have to have more proof than you or I are ever likely to have before I went out and willfully demoted a stock. I guess it's about fair-play: I know there are people in whatever stock which are going to be hurt if I bash it, and why would I want to hurt them? What would be the point? And what if my bashing hurts that person? What if the company is quite legitimate, even though I see warning signs otherwise? Am I the Judge and Executioner? I've taken a "no post" position on stocks I've thought might not be "right", and then seen the company do very well; the warning signs weren't solid enough to sell, and I'm glad I didn't. Of course, we are all responsible for what stock we buy, but I have to tell you, we are also responsible for what harm we do. (oh, no, it's almost the 21st century, maybe I'm behind the times on this one?) I've seen a couple of companies stock price hurt because of bashers on the net, then because of the uncertainty, unable to get loans. Market capitalization is important for any small company to raise money... so the basher in that company did in fact get his dream fulfilled, though the circumstances are very different for AQB. In any case, it seems to me that I have no right to make things worse for such companies, so I just get out of the picture. AQB has been around for awhile, and despite the setback about 3 years ago, it's now pulling out of that. There is no indication that the BOD or officers or anyone there are "rats". On the contrary, they are businessmen. What's "wrong", if anything, is exactly what makes this a penny stock: 1). So far, no profit, and 2). the companies lack of desire to put out press releases. The latter, by the way, is the opposite of how "rats" operate. Which does not mean that a company putting out press releases is ratty, not at all. Once the company begins making a profit, my belief is the price will skyrocket; not just because of the profit (which is important to show they can do it) but because once they have proven they can do it, the fact they are expanding and growing will attract the attention of some of the big guys, perhaps even one of the penny stock mutual funds. This is not far away, they are making head-way on the goal of profitablity. Which brings us to what's right: solid management, a good marketing team (good at following up on leads and closing them), and an excellent product, too. I drink the latter, I'm absolutely certain that it will do well anywhere it goes. So, yes, I agree the price is absurd right now; someone's trying to buy 20,000 shares, but only willing to pay .18c. And others, for whatever reason, their own I'm sure, have been selling, though the offer is at .22c. But all indications are the company is making progress in the right direction, and the person(s) doing all the buying the last few days is going to be made very happy. As will those of us who are holding as many shares as we can. |