QHL quickstep holdings limited

these concept plays are looking very weak, page-5

  1. 824 Posts.
    Well, your guess is as good as mine. But in the absence of good news - that is actually adoption or revenue generation news - I can't see it going upwards at all. Too many willing to ditch it at any price and not many buyers.

    The way it looks at the moment, it has more chance of the twenty cent range than it does of the returning to 60 cents. Quite a disappointment.

    But theses are the risks inherent in new technology stocks. They get by on hype for a while but eventually the market says, "show me the money". And this is the point at which we find out whether the emperor has clothes or not!

    I have been in this from the start and now regret not adopting more of a trading approach to my holding than a "hold" mentality. But such is life (hey ben). This stock faultered for the first 9 months, had a good 2005/2006, and has sunk badly since August.

    I have said it before and am about to say it again. Management claimed the appreciation in sp during 2005/2006 as a vote of confidence and a significant achievment. On that basis, they must accept that the +60% decline represents a loss of confidence and a failure on the part of management. It is not all related to the market general down turn. What are they doing to assure us that everything is going well - not much!

 
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