Re: MY FIRST BULLISH POST IN A WHILE..........
posted on
Dec 05, 2014 03:10PM
The problem with your strategy is that you are always averaging down, but don't know when to sell. You expect too much out of each small bounce. Lower highs and lower lows has been the trend on all Quilliam stocks. Buying and holding forever is not the wise strategy when a trend is this predictable. Odds are you will be down on these most recent buys as well, in time... They are cash starved and insiders and taking huge chunks of stock each quarter, an uptrend won't sustain without significant improvements to the fundamentals, which I don't see happening the way these deals are structured.