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Microcap & Penny Stocks : QDRX -- Ignore unavailable to you. Want to Upgrade?


To: Jim Mills who wrote (3232)12/9/1997 5:31:00 PM
From: Ray S.  Respond to of 3977
 
The last time I asked that question (about whether to jump in at $0.25) the answer was a resounding "YES"! They say you make the most money investing in those issues no one else wants...this issue certainly fits that criteria...

Ray



To: Jim Mills who wrote (3232)12/9/1997 5:32:00 PM
From: Brent  Read Replies (1) | Respond to of 3977
 
Jim, I think you would be crazy to buy more shares. I know this contradicts my prior position, but I have had a change of heart. I am holding what I have and praying for a miracle, but I don't think it will come.

IMO, Palermo is an idiot and he is milking us for our money. (Maybe I should say unscrupulous genius, if he is an idiot what does that say about me for investing in him) I am almost starting to take it personally. He has been promising a TM Deal for how many YEARS now? This stock is down 80% for the year!

Don't let your hopes drive your investment decision. We all hope QDRX will land the deal and the price will go to $5 a share, and you think 'if buy xx shares at .2 and it goes to only $1 I'll have XX!' I've gone through that with QDRX and another penny LBGF, but both have been total and complete busts. BTW, I lost 99% on LBGF (typing that makes me feel like a total idiot!) and it looks like QDRX is headed in the same direction. Both had great ideas, but no results.

I know its not as exciting as investing (gambling) in some penny stock you think may skyrocket, but if you are like me, I would gladly accept my original investment back (Heck I'd take half right now!) and walk away from QDRX if I could. Some of those big boring stocks that are huge have had some pretty good returns. Dell up 400% this year alone!

Put your money in some company that is already making money and let it sit there for a couple years. You'll be much happy.

Now, if only I could follow my own advice!
Brent



To: Jim Mills who wrote (3232)12/10/1997 12:53:00 PM
From: phoenix  Read Replies (3) | Respond to of 3977
 
No, Jim you are not nuts. Victor alone appears to be worth $.25. However, the corporation can only realize that value after divesting itself of Advanced Materials. The fat lady has sung. Current management can't sell thermoplastics in sufficient quantity to break even, let alone make a profit. They are out of money and cannot borrow any more from the shareholders (Reg S/D), or from conventional sources.

Roger