I'm getting a bit worried about Quickstep. There seems to be some companies that no matter how good their announcments the sp just doesn't move up. I hope this company is not one of them.
In these companies you always get posters saying wait another year and it will be good, and then it's another year and another year and before you know it other stocks have surged 300 to 400 per cent and you have spent three years sitting, waiting.
The sp of this company was much higher on speculation that this agreement would be signed a long time ago, and now it has been signed it's going nowhere.
I will give QHL a couple of months and if the sp doesn't move there are just too many other good companies out there at the moment to be stuck in one is a good story but for whatever reason doesn't excite the market.
As I said yesterday, one company I'm in jumped just as much as QHL yesterday and it certainly didn't have a world-class, company making announcement.... and it is holding those gains.
Hope I'm wrong about QHL, but I've seen it many times before....
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