I tell you this as a thesis or an idea. It's not an attack on anyone or the company as such and most particularly LT holder types.
I have no faith in the QFX business model, their management, their product, their longevity or much. I think their proposition to the market is outdated, and they will and are being easily beaten to the punch by their competitors. I think their clock is ticking.
I think the company stinks TBH simply cos they can't get traction cos their software (i.e. the actual movies) suck.
But I sank 3.5k in the other day at .01.
Why?
Cos this is one of those companies that people think is good, and subject to spike. They confuse Netflix with QFX and so get swayed with that. A small bit of good news goes a long way and presents opps.
Just saying. I've bagged this stock in the past and am still no fan, and I'm not a shorter type, and for the LT with belief I sincerely hope she shoots the moon. I just can't see it.
I know it aint sexy, but just thought I'd share why I'm here and why I bought.
QFX Price at posting:
0.9¢ Sentiment: None Disclosure: Held
