"I used your post above as a ref for the MC of Netflix so not at all interested in NFX MC, but that was not my point.
I never stated or ever would that NFLX MC is 600m - I stated that the share price had gone from 200m to 600m and therefore unlike QFX a true multi bagger.
It's true I don't have a huge interest or experience in the industry, but how is that a negative judgement on my decision, on my own research and risk to invest in QFX?"
And you only just bought in last week on the news announcement thinking the volume would take the SP a lot higher. That's where your interest begins and ends, a quick trade.
" My point is your continual posting on QFX with ax grinding away in the background. Maybe you have some interest in the QFX model failing or just don't like SL. Whatever it is you seem overly involved in a stock you don't hold. That is a lot of time for a passing interest in little ol' QFX."
As I've stated before in the face of many difference ridiculous unsubstantiated accusations, only reason I post is that this forum use to be dominated by very aggressive daily rampers and felt the forum needed some contrarian discussion to balance it out, also knowing very well this company would eventually head for liquidation given the dire financials. And if the posts saved even just one person investing and losing money on this dog stock then all that time has been worth while, same as it was with GGP a few years back.
No QFX isn't liquidated yet but investors have been decimated by a MC from 70m to under 4m today in just two years with a massive overhang of new shares waiting to be issues after last failed CR. Now they are having to shut down part of the business they can no longer afford to operate and hope to become a re seller of Presto content. Just another failure after a long history of surviving from one CR to another and never returning a single dollar in return.
"The agenda comment seems very on point. All of Kat's posts should be moderated for filling up every new thread with the same paragraph. He has done this for so long however , is very aware how to downramp within the rules."
See the above, fact is what you really hate is that the bearish view like mine on this stock has been proven right for over two years as the company and it's miserable MC has continued to decline.
"Despite Multiple posts about How Great Netfil Is....
Kat hasn't managed to addrees ANY of the points raised in my original post.
I know he would have if he could have....
Which makes me feel more confident than even that the above points are right on the money."
Reason I didn't respond is that your list is just hypothetical wishful thinking, in the same way you have previously posted about how QFX deal with TPG was imminent because TPG wouldn't want to be left behind, or that the SP was going to be 10cps by xmas or an obscure nonsense formula of how FB likes related to strong organic growth. All of which proven wrong, in fact with all your posts over the years I don't think you've ever been right on a single industry or company related event. I recall you and others even posted that NFLX would never come to Aus because of the difficulty in gaining licencing agreements for their content. (oh dear).
Also nice try on the NLFX only thread but you don't make the rules on HC and NFLX is part of the industry that QFX resides in and is a competitor to QFX whether you like it or not. Plus Langsford had his whinge as well about NFLX now they are operating in Aus makes the discussion in these threads even more warranted then it already was.
"There is the problem - Netflix doesn't play by the same rules as QFX. Movie release dates are earlier in the US and so Australian subscribers have to use a VPN or risk legal action. Put the shoe on the other foot and Netflix would be all over it. Buy Australian! But you are obviously a genius with share trading why bother dump on lowly QFX?"
VPN works both ways, if QFX provided a good service then users from overseas would be accessing QFX instead of NFLX. And holders wouldn't have a problem with VPN if that was the case. Fact that QFX service for value is rubbish and they simply cant or never will be able to compete with the likes of NFLX.
Kat.
QFX Price at posting:
0.3¢ Sentiment: Sell Disclosure: Not Held