RE:Too bulkyLike I said this morning in my post below, it will take material news to move this up. Someone else mentioned that the PP is priced in. I agree with that comment. I sold half of my 290k shares at 14.5 cents and sitting on cash. I have a feeling the shorts are bringing her down to the 11cent range. Like I said, too many shares out there for these shorts to borrow and run her down.
Litemupp wrote: I am sitting on 290k shares at 8 cents and my only issue here is that she is too bulky, way to big a float and a hell lot of shares out. Investors here need to be realistic and know this will take a while and whole lot of news to move up. Given the size of the shares out shorter will continue to borrow and short this, it's too easy for them. All those calling for 30 and 50 cents are in for a surprise. Don't get me wrong, QBA has a lot going for it, but given the 234 million plus the additional 30 million from the PP will make this even heavier to move. Check out EAT, it's the same with the size of the shares out.