<<<SPIGY CAN NOT GO HEAD TO HEAD ON DELISTING>>>
The best he can do is the usual 2 year battle cry "BRCM QCOM"
QCOM has been shipping Qconcert for 3 quarter & with no added revenue for QSND.
There is no mention from BRCM which one of the 6 WEDGE chips will be used by the tier 1 OEM for quarter 2.
HERE ARE THE FACTS. Pick any one that you want and tell us what QSND can do to stop delisting.
NASDAQ CONTINUED LISTING REQUIREMENTS
1) Market below $35, million
2) Shareholder equity is less than $70,000 from falling below the required $2.5 million mark.
3) QSND needs net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years.
<<<QSND has to be in compliance to only one of the above to remain listed. >>>
A) QSND CEO stated that he expected expenses to be the same for 2006 as in 2005 WITH NO FURTHER GUIDANCE ON REVENUE.
B) QSND has been showing a net loss of $500,000 per quarter.
C) There is no revenue generating news for the 1st quarter.
D) <<<Where is the revenue going to come from to prevent shareholder equity from falling below the required $2.5 million?
QSND came very close to delisting when the 4th quarter report came in today. It will not be hard for shareholder equity to fall another $90,648 when the 1st quarter report comes out in 6 weeks.
((((spigyour knows delisting is coming))))
<<<HERE ARE THE OPTIONS TO AVOID DELISTING>>>
There was NO revenue generating news so far in the 1st Q 06, with 1 week left to go. I can not see how QSND will come up with the needed revenue to prevent delisting.
QSND does have the option to sell shares on the open market to raise shareholder equity, but (((that would only help tank the share price.)))
QSND could get a private investor. The odds of that are slim.
(((The $1 million convertible loan supports that private investors do not want shares.)))
This is another of the dreamer rants that the selling had 'dried up' at $4. He is sure to say this every time QSND plateaus as he did at $3, $2 and now $1:
Do you ever think that the QSND longs are not deparate? That we are just waiting for BRCM? That the volume in QSND has dried up which means a lack of sellers? (The argument there is all your IDs, believing your own garbage, sold. There is little new selling in QSND as the longs wait and the weaks have already sold.) <br><br>Did you ever think... about what you will write if the stock breaks out above $4.50? Accourding to you, that is IMPOSSIBLE!!! <br><br>Think microQ, basher. I do... <br><br>Yours to hold on a sunset cruise, <br><br>spig
BTW - this is a post from 3/28/06.
A dreamer post from Mar. 28, 2006. He thought all the 'weak' hands had sold as Q was above $4 a share. Guess it didn't turn out that way!
Do you ever think that the QSND longs are not deparate? That we are just waiting for BRCM? That the volume in QSND has dried up which means a lack of sellers? (The argument there is all your IDs, believing your own garbage, sold. There is little new selling in QSND as the longs wait and the weaks have already sold.)<br><br>Did you ever think... about what you will write if the stock breaks out above $4.50? Accourding to you, that is IMPOSSIBLE!!! <br><br>Think microQ, basher. I do...<br><br>Yours to hold on a sunset cruise,<br><br>spig
You are right with the post title, basher. "It is not about why Q is going up." It is just going up. That, my multiple ID friend, is the best type of "up" you can have.
The stock is going up before the news. Of course you MUST say, "What news?!!", but money has a way of being right, while bashers sit around scratching their heads. And if a basher is short, the basher scratches harder.
"What news?!!!" or "No news!!!" are both very positive for the stock when it is running up. The public will get in when there IS news, and usually that is too late. So let there be no news. The stock will run at least till there is.
Don't cover your short, basher. I, spigyour, now control the verticle. I will tell you when to cover.
My motto? "If the stock has shorts, the stock is more interesting when it goes up."
So QSND will go up the wall of worry. Which is quite a healthy way to have a market go up.
Thoughts from the guy who you sold stock to, I remain,
Why are you more concerned to who is posting than what is posted?
It is not about why the share price went up.
Simple answer. Speculation/CTIA.
It is about what will hold it up.
You keep avoiding that issue.
What are you going to do when QSND fails to announce anything big at the CTIA?
We can rule out BRCM.
If BRCR was going to announce the tier one OEM, they would be at the CTIA other that the VOIP Mobility Conference the day before the big show starts.
Post all you want about bashing, name calling, lies and anything else you can think of.
You can not run or hide from the reality of it all.
QSND will not have a good 1st quarter.
A million dollar loan tells us that QSND needed that loan to run the company beyond the 2nd quarter.
The 1st quarter is done and is expected to have a loss of at least 500 thousand.
The 2nd quarter should show another loss of equal value. That will take care of most of what was left of cash before the loan driving shareholder equity down close to another million dollars.
The CEO will have to sell a lot of shares on the open market to cover that much ground.
Avoid all these issues my friend. I am sure the shorts will have a field day with you as these concerns become much clearer in the coming weeks.
Basher this week you posted the same stuff with many of your IDs:
1) "I am short QSND!!!"
2) "I will short more on any rise in the price!!!"
3) "QSND is going to be delisted!!!"
But what are you going to do if:
1) QSND continues going up
2) Is not delisted
You see, regardless of what you believe, the markets can sometimes have a mind of their own. You may have absolutely no idea of why QSND is going up, but it just does it. It goes the way of fear. AND... right now the longs are NOT in fear. In fact, the longs are kind of excited.
On the other hand, basher, you are posting every non-working hour. Seems you are worried about something, while I am sitting here with two scoops of strawberry ice cream. Seems a fine day.
Why not short a little more on Monday? I love it when you write: "Can anybody tell me why this stock is going up!???"
Love to answer your hanging question, but your mind seems closed to the upside of QSND. Perhaps the market will open it.
Yours in kindness,
A stock price moves for 2 reasons.
Good news or speculation on good news.
A stock falls for 2 reasons.
Bad news or the speculation does not pan out.
QSND is rising on speculation.
You should be praying that something huge comes out of the CTIA.
It looks like giantsfirst was hoping that BRCM would announce the tier one OEM using the BCM2133 at the CTIA.
Now that we know that BRCM is at the CTIA for the VOIP Mobility Conference, he has shot himself in the foot.
Basher, you write, "Can anyone tell us what will support QSND after CTIA???"
Nothing is quite so bullish as a stock moving up with no news. Think what will happen when there is news.
It is also bullish if the shorts stay in and do not cover. A rising market needs a bunch of shorts praying, "Can anyone tell us what is going on???" (see the connection?)
Your repeat of YOUR delisting issue is also bullish. First, you are wrong. And second, if the shorts believe it, it keeps them holding on and praying. "Can anyone tell us....?
You see basher, I really don't want the shorts to cover...... yet. Hang on, shorty!