Been a little while since I have posted here. So I thought I'd pop by and have a look at the way things look. (Actually I was reminded on another company thread).
It is an interesting set up at the moment on the depth side of things. A props and walls strategy without the need for any walls. Make no mistake, that prop is a prop in this current market today. And it is working for now. The volume above the current price is pretty thin as the market is providing the wall for now.
QXR certainly had it's time in the sun, but as news dried up, they've suffered a battering. Not unlike many other company's SP I will note. But, having said that it's definitely time for QXR to get back on with it.
No news soon, and that prop gets pulled, we're headed for mid 2's. And yes, for a disclaimer, I will be a buyer down there.
All the very best to all holders.
TOWB
QXR chart, page-108
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