Lots of people get disappointed today for sure and market will, most of the time make you disappointed so having massive expectation on any trade and any stock can be a mistake and to be more realistic is better.
A perfect result from any trading rarely happens as anything in life.
The news is good but market's reaction is hard to predict and some now think... wow 3 bill shares at 5.7 cents will give MC at close to 180 mills even though half of the shares are in escrow for 2 years.....this is open to so many different interpretation.
What I see today is SP at 5.7 and that tells me the truth and tomorrow or next week will be a different story.
There will be some happy/unhappy traders complaining again and blaming others but responsibility of one's trade lies with oneself.....to fall in love with a stock is not the best way to trade.....if it was open at 12 cents we will have a different reaction today !!
I have taken my profit and leave a small position......sure wish had made more but we always want more....but what I wish and what the market gives you are 2 different things...I like to believe that QBL will have a good future.....would I put more money in the future ?? I will wait for more stability.
Market is getting over 6200 and it is a danger sign for me and a short trade maybe the way to go on our market and having more cash can be useful to take advantage of fear.
QBL Price at posting:
5.7¢ Sentiment: Hold Disclosure: Held