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


To: sandbag who wrote (417)8/18/1998 3:45:00 PM
From: DavidCG  Read Replies (1) | Respond to of 789
 
I guess the MM's want me to buy forever to .20... that's fine by me I guess.

I just have to think they are nuts... this is the worst case of MM manipulation I have ever seen...

I can't believe how incredibly stupid they are!

I really could buy a fourth of this float with no problem...meanwhile calling the NASD asking them what the hell the MM's are doing here.

They WILL fail.

That's all there is to it.

May not be today, tommorrow or next week..but if they want to bring this down to .10 or .05..I will be the next QTNT president, and I guess the only MM left (if I own all the shares..)

Heh heh.

-DavidCG



To: sandbag who wrote (417)8/18/1998 3:48:00 PM
From: Chris O'Keefe  Respond to of 789
 
I do know of a 9,000 tent order that is to be filled.

OK, this is completely unofficial and as you'll see there's a lot of guess work involved...but here goes...

9,000 tents at $100 tent = $900,000.
25% of $900,000 = profit = $225,000.

$225,000 divided by 8,000,000 shares = 0.028 EPS

0.028 EPS times 5 PE = 0.14/share price.
0.028 EPS times 10 PE (more reasonable?) = 0.28/share price.

Man, even with a 9,000 tent order, which I assume is the low end of the sales story, it appears we've got a stock in the mid-.20 range.

Chris