Just a note to the "doom and gloomers" (a club which I had...

Just a note to the "doom and gloomers" (a club which I had almost lifelong membership with) who are waiting to pick QAN up at $2, $1, 50c, 20c, 5, &1c, just flick over for a second and look at Flight Centre. Now that is a disaster story of monumental proportions. It's fallen from $60 to $8 in 2 short years, then slightly recovered to $17, only to now be falling back to $8 again. I got caught out thinking it would run north again and my fingers were burned. Lucky I got out higher up when I did. A punt on the banks lessened my overall loss. But, I learned a lesson is seeing a real dog for what it is. The US markets rallied overnight and FLT is still falling. It's just such a depressing story for whoever is still holding.

I winced in anticipation when I logged-on today thinking QAN would be an ocean of red sitting at $3.50 and falling. Seeing it bottom at $3.77 then sustaining a minor rally really surprised me. I'm not buying yet because I too am waiting for the pandemic to unfold. One thing I am NOT doing is selling.