| I know you will all laugh.QBIT I have been holding for 3 or 4 weeks now for this play.The company is offering the class B stocks for 1000 to 1 for the common stocks.The class B come with a gaurantee of something like a 18% increase in shares per year.Please do not quote that %.to sell them they have to convert back to common shares.I see a 1-2 month window of opportunity of the float getting very small.'SUPPLY & DEMAND'theory.Todays 75% increase was caused by the CEO converting his 300,000,000+ shares to class B.So far he is the only one that has been able to so far.Insiders will continue to switch their shares and then the general public will be able to.At QBIT yahoo shareholder message group they are dying to do so.I am looking at a short term play when the float dries up and before the class B shareholders would want to switch back to common stock to sell and take profit.I am just now getting close to even on what I bought if that means anything.A crazy play,I know.This is just if anyone is interested.
Last edited by Loniee : Wed, 11-29-2006 at 12:43 PM.
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