re: down 12.5 per cent
thinking more on qtk (last night for me) the following thoughts passed my mind.
remember, i do not hold QTK and the following applies to all companies in such a situation as qtk.
a totally unbiased opinion ... rules to remember for high hopers and speccies.
1 getting contracts for new techo is easier than getting those contractors to sell it. even harder to profit from it. can you check out these contractors/partners ? Try on google and see if they're creditable.
2 fund raisings dilute enormously but allow the boys running it to devulge in fatter pay packets for doing almost nothing. the money just drains away via the 'expenses sheet' etc.
3 todays new techo is already being surpassed by others.
HOWEVER, IF WE DID NOT HAVE SUCH COMPANY ENTREPRENEURS WE WOULD NOT MAKE MUCH PROGRESS and i appreciate that but remember we are here to make a few bob so guard what you have before gambling it away.
there are thousands of hopefuls but very few ever make it.
keep your speccies and high hopefuls limited to what you can afford to lose 'very quickly'.
if/when the markets fall heavily these types of stocks are almost impossible to get out of alive.
you've heard it said by others. i'm not alone. just been there, done it, so to speak. times over lol.
best wishes to those loving the ride.
QTK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
