Messiest (what should we call ya?), I have it on my watch list and am thinking of taking a stab as it could be headed for .83 IMO
Tough play though cause if I wanted to bail out say today, with the large spread, if my ask doesn't fill I'm looking at a bid over 10% lower. Needs more volume and a smaller spread for me. Best of luck though, as , like I said, it could be headed to .83
4 comments:
.83 would be sweet! I wasn't really projecting it that high myself... don't know how to do that yet. Anyway, I'm in it long; I like the green sector a lot, even though it's all very in the early stages.
Messy is fine...
How are you feeling about QMNM today? I'm getting a little worried that there hasn't been much news on the production front.
Messy, QMNM is a long-term play and I have to admit I got caught in the hype since it was my first penny since my monster (FMXL) early 2006. That too had a BK hanging over it and until the doubts were settled, it didn't take off. I'm averaged about .021 right now and have no doubt it'll be a money maker. People are just too impatient and want to see the .075 high it ran to TODAY!! Not gonna happen. But once we get nice production numbers and the BK behind us, they're a producing coal company and shouldn't be valued under a penny even if all 2.5 billion A/S become O/S!!!
JMO DYODD
That's basically how I feel after my own DD. Except I don't really understand what can happen with the 2.5 billion O/S and the possible R/S which the bashers over there keep saying will totally devalue like, the entire planet. :) Anyway, I'm in it long, averaging @ .017... wish I'd waited until this week to buy in!
A lot of the dilution is already factored into QMNN.
That's why it got halved recently.
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