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Microcap & Penny Stocks : Quest Net Corp. (OTCBB: QNET) -- Ignore unavailable to you. Want to Upgrade?


To: purecntry5 who wrote (86)1/6/1999 12:27:00 AM
From: american dreamer  Respond to of 213
 
important you understand the meaning of "holders" as of tomorrow. That would be those who have not only bought but also settled their trades. That is how CEDE &CO knows who is an owner and who is not. As far as MLRE is concerned, i shorted at $14.5 and covered at $10 the next day. What is wrong with that. If I hadn't been out of town I would have done it again. Stupid is as stupid does. You are right about the float being a problem but then you might want to look at PMNK. float of only 170,000 and it came down to. this one has the added benefit of a greatly increased float as of thursday with an inflated price.. gotta love that when you add the fact the any buying incentive ended Thursday to all but the really stupid. Their fictional incentive ends tomorrow.



To: purecntry5 who wrote (86)1/6/1999 12:54:00 AM
From: Kenneth Yeh  Read Replies (1) | Respond to of 213
 
who'd be CRAZY enough to short QNET???

Jesus, 180k float...the MMs will squeeze the life out of you. Anyone who's stupid and crazy enough to short an INTERNUT stock with only 180K float wins the award for stupidity. Sure, you might even make some $$$ shorting QNET but it sure as hell ain't worth the risk. Besides, I called QNET and IR claims that more positive news releases are on their way. I really wouldn't short this one right now...

p.s. damn, 180k float..one very rich person or group of persons can buy up the whole float and squeeze the shorts to death...this stock is too easily manipulated with its small float.

-Kenneth