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News about Quepasa.com (QPSA)

Today's Financial News - Posted September 4, 2009

What’s going on at possibility-rich penny share Quepasa.com (OTC:QPSA)?

by J. Christoph Amberger

Baltimore, MD — TFN: Our roving TFN Reader Grapevine Maven Charles D. filed this update with the TFN editorial team today:

“The folks at Quepasa.com (OTC:QPSA) have been very tight-lipped lately. Often, this means that something BIG is cooking.

“The billionaire investors in QPSA have an average cost of $5.00+ per share and they are doing everything in their power to make this stock a winner for them. They want this company’s share price to be north of $13.00 per share and they are committed to making that happen.

“Quepasa is converting itself from a website to a monetized social-networking system with major contracts in the wings. They will soon release news and I expect that news to be filled with major advertising contracts which will throw strong earnings to their bottom line and have a major positive affect on the share price. This company is currently the #2 social networking site in Latin America and they are adding 25,000 subscribers per day with their eyes set on becoming #1 and monetizing that network to make huge profits.

“In my opinion, QPSA is still a bargain at current levels as this one will go to $10+ once the “behind the scenes” events and contracts are made known.”


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Posted by J. Christoph Amberger · Filed Under US Stocks and Markets 

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