October had KAI, AUZ and many more such runs where it would see a HUGE run, a pauase, a small retrace and then another massive run and again the same sequence of events... unless one is a gun at pip trading and can get in/out in a flash it is more harmful trying to trade it than buy/hold strategy imo... best gains were for those that held AUZ from 0.8c ==> 14c (even with it now @9c+) or for holders of KAI @ 1.9c ==> 13c (now @ 8c or so)... still MULTI BAGS just by holding and sitting tight... one wrong move and if it runs and you cannot buy it back you lose the stock for good...
I know this is tempting to book some profits now but think of the news to come and even if it doesn't do these 40% runs in a day a small 2-3% run a week is still possible once it settles down into a more mature MC and more arrows in its quiver than now...
no fin advice against day trading here, just penning my thoughts on how I would like to treat this for now... everyone is different with different risk strategies and trading nuances... happy investing folks...
I am off to get some I HEART QBL t-shirts for now in a few colours... so if you see anyone with that on on Pitt St, come and say Hi to mr_delta !!!!
QBL Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
