Well with all respect also SICILY, the US market drops 2% and CQT drops 10% even when GOLD is up. This is certainly worth commenting on because it shouldnt be so. Forget about the sub-prime crisis etc because in order to quantify CQT you need to use the GOLD price and at the moment it is higher than yesterday. The only thing relating CQT with the current econonic crisis is market sentiment.
I agree with your Citigroup comments but are you suggesting the same is going on with CQT. I hope not because I for one am all in on CQT.
CQT has a nice run yesterday (up 6%) and then just falls (10%). Its one of the heaviest hit stocks on my watch screen but its one of the best stocks in terms of resource and potential. Buy recommendations everywhere but no interest from new or old shareholders willing to dump on any red day.
CQT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
