The Eternal Bulls
posted on
Oct 15, 2010 05:35PM
(Edit this message through the "fast facts" section)
Just a comment
There may be issues with QEC and those that are investing need to know that it clearly falls into the speculative camp. I admire the fact that you guys have "big ones" and always buy more but the fact of the matter is that markets and stock do go down sometimes. Some of them even stay down.
Bullish at 3.80, bullish at 2.50, bullish at 1.90 and yes, bullish at 1.70 with operations stopping. Is it possible that things aren't always bullish?
I put 84k into QEC as well with an average price of 3.80 so I am hoping you guys are right. The fact that Sprott has a large weighting in it was enought to convince me. I tried to get a comment from them to no avail.
Can we put the cons out there too to help with the buying decisions or timing of the buying if anyone has it. I would find it useful and would not see it as bashing or negative. Just more information.
I had a CFA do some technical charting and it was his take that he sees downside support at 1.20. This ignores any fundamentals which at this time, have appeared to be getting worse for the near term anyway. Let's see if he is right and I hope QEC doesn't evaporate in the meantime.
good luck guys