quant map of risk for swing longs, page-6

PS-IQMS,

Didn't mean to take anything away from your first post. Per Hawkduka, keep posting, very few well researched, objective, fact-based posts on the forum.

People keep posting on DT penny-stocks because you can make decent coin in a few days/hours working the threads but are more likely to cop horrific losses when the DT'ers turn against you. You can't work the threads for bluechips so you find fewer posts here. Very few daytraders post about their losses on these threads furthering the illusion that most people make money on DTs but in most cases it is a zero sum game; in fact more likely a negative sum game due to discounted capital raisings.

Re QBE, I wouldn't mind another retest of $10. More fundamentally, I am betting that the new CEO has watered down expectations and set aside sufficiently large provisions to pad any future weaknesses such that there wouldn't be any negative earnings surprises of the order just seen again.