very sensible post rooster.
yeah, quite a few of us have got carried away.......in hindsight our expectations for the short term were unrealistic (and also against the trend).
medium to longer term im confident. i once held slx under similar circumstances although they did have a much larger cash buffer. these stocks that have had the guts ripped out of them can often prove to be great investments once they have established a clear base.
the bonuses for qtk are that it is already generating revenue, is virtually breaking even at the moment, by all accords has a massive contract in china although the market has put a cloud over this. barring an announcement from the company in the short term (which i have now given up on) i expect qtk to flatline for at least 2-3 weeks or until we finally receive a clear update. in the meantime i expect some will take advantage of this situation and accumulate.
QTK
quiktrak networks limited
