You and others like Hibernia cannot handle the
truth. Threaten with SEC complaint. Give me a break.
Fraud is more or less, a misleading statement. I've
posted the truth, and you know it. The fact that you
don't like it is something you have to deal with. Did I
cause the stock to drop from 30 to 15? Did I cause ZQK
to post luke warm earnings? Did I hire incompetent
staff (like the restaurant guy)? Not me. Truth is an
absolute defense. Look no further than the company, their
financials, and the technical analysis.
No fraud here,
just fact. You want to report it...be my guest.
Not many stocks drop for 4 days in a row.
Tomorrow will make the clean sweep for the week. Volume
continues to be weak (less than 100K shares traded) on 51
EddieW37...the faucet continues to
leak. Like bleeding a slow, but certain death.
Every day this week, ZQK took a hit. Not many
stocks lose value every day...day in, day out. Volume
continues to be light, and the number or trades is just
rediculous. Today, only 51 trades...but better than
EddieW37...the faucet continues to leak. Like dying a slow, but
Like I told you yesterday, there is JUST NO
INTEREST in this stock. Today, there was a grand total of
49 TRADES on volume of 32,000 shares...the last four
hours had only 4,000 shares traded.
surprisingly, ZQK fell again for the third straight day...like
a leaky faucet that can't be fixed. IMHO, no one in
the company has a clue on what to do.
If you look at the chart, you will always notice
that there is a buyer out there willing to dump the
shares. The problem is, there are no takers. Who in their
right mind would want to buy ZQK now!!! No buying
pressure? Think again, there is just NO
Earnings at .34 per share???? I doubt that very, very,
very much. The hint of flat to poor earnings was made
by Marty Samuels in the conference call in
September. This, coupled with the early release of November
and December orders only confirms the suspicion that
earnings will be bad. Look at the entire industry...sales
are off. What makes you think ZQK is any different.
Their prices are too high, the competition is getting
stiff, and the lines are just not attractive anymore.
Your .34 per share is about .10 too high!!!
The volume shows that few are willing to sell.
Low volume on a down day. All it will take is a
little buying pressure and we will see 20. It appeares
to me earnings should come in at .34.
You are a
few french fries short of a happy meal! Psun has a
lot higher average volume than zqk. Go ahead and buy
psun at it's high, it has a much higher multiple for
earnings that zqk.
Two days in a row that ZQK is down this week (and
we still have 3 more trading days left), back to
trading in the 15 range. IMHO, 14 and less is right
around the corner.
Don't expect any news from the
company. The only time we hear from them is at earnings,
and that's about a month away. In the mean time, I
will watch this stock drop out of the current trading
range, and go lower and lower.
Wow, 88 trades for ZQK today, with volume of less
than 70,000 shares. I keep telling you that no one
cares about this stock.
PSUN on the other hand,
had 10 times the volume on over 400 trades. Not
surprising that PSUN is near its 52 week high, and ZQK is
near its 52 week low.
EddieW37...everytime ZQK takes a hit, you post.
Must be your way of venting. I would do the same if I
lost as much as you are losing. As for me, I
previously gave you two winners (which you made money on),
and I have since doubled my portfolio value. What's
it been, about a month? I would have given you more,
but heck, you have those so called super advisors
behind you to help you lose money...
As far as
ZQK is concerned, look out for the big hit. PSUN
posted outstanding earnings, smashing the estimate, and
the stock went down today. ZQK will not, and I
repeat, WILL NOT meet the estimate of .33 cents per
share. And even in the unlikely event they do, the stock
will still get smashed. IMHO.
Look for the
analysts to AGAIN LOWER THE PRICE TARGETS, and cover this
downgrade with a buy rating...LOL.
As far as long
term investing is concerned, this is just another way
of saying "my portfolio is getting smashed...but I'm
in it for the long haul." Must be your expert
advisors telling you this.
By the way, did ZQK
pre-ship your November and December orders? I'm sure they
did, they need squeeze every penny this quarter.
You didn't like SFE in the 60's enough to buy it.
That's only about 60 pts you missed. ICGE you only
missed about 80 pts.You said you liked CMGI better. And
here you're putzing around with 2 or 3 pts. Like I
said, I'll be here a year from now and you'll be on
some other board with a brand new name trying to bs
people. What part of long term investing don't you
understand? And who's the real idiot?
good trading to
your friend Eddie