QPN 27.3% 0.8¢ quest petroleum nl

value, page-38

  1. 637 Posts.
    Totally agree.

    People will buy, hold or sell a stock for a myraid of reasons. These could be personal, circumstantial, technical or fundamental. Stock trading is a dynamic activity and as such, sentiments will and should also be
    fluid following the dynamics of the market, amongst other things.

    I remember I once posted EMR as a stock moving up when it went from 2.8cts to mid 3s. The stock kept running up to
    4+cts and at the same time, their subsidiary acquired a large loan facility (or something like that) and EMR also
    acquired additional acerage from ETE when their cash in hand was all from a recent capital raising of 3cts.

    I decided to post my concerns about the cash flow and the
    over-extension and got "told off" for it but in a respectful manner. EMR went a little higher to mid 4s and now it is back at 2.8cts.

    I am not gloating but just to share that one must be open to changing time and tide.

    No one should buy anything based on HC posting alone.

    And John has done a marvellous job in educating us on
    QPN. Like us, he is entitled to buy, sell, hold as he deems fit.

 
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