Streaming Strategy, page-63

"bit defensive Kat, maybe you took me wrong... I was actually agreeing with you... I'm seemingly bearish on this stock at the moment and I'm here... for a different reason though. just seeing if I'm missing something, giving those a chance that are bullish to show me something that I may be missing"

I realised you were agreeing with me except for the assumption about being bearish because I must of taken a loss on QFX in the past, as always that kind of wrongful assumption has to be put right.

There is nothing buillish about QFX they were bankrupt years ago and should of been delisted back then, Langsford should never of continued to keep QFX listed, he would of been better off to delist and seek private investors not only to save uneducated investors from their hard earned but also allow him to rebuild the company outside the public and ASIC gaze. But he chose option B and has been punished for it along with investors ever since.

"I'm a big fan of the technology today with online streaming and what the entertainment world has to offer at the ease of a button ... the only reason I'm here is to compare QFX with competition to see if there is a slight chance they could make decent revenue... the only way I see this happening is for them to offer more recent releases in there base package deals, to have to pay per view for more recent stuff is just going to be an advantage to the likes of remote population, and being remote were not talking millions of people, so it obviously limits the revenue potential..
I read some reviews that compared the current 4 online streamers, and many said that the base package on QFX streamed mostly 10year old + flicks.... many seemed to cancel there subscription prior to there free trial... so for me that rings alarm bells... the current revenue is not enough to sustain growth in the company, they need to have enough funds to increase there licences for more recent releases to satisfy customers needs... IMO that is as simple as it is..."

If your a fan of streaming technology then globally a lot of the big fund managers agree, so follow their lead invest in the likes of NFLX and content producers like Disney. Obviously thats where the smart money went a couple years ago and NFLX has risen from $200 to $600 plus during that time. NFLX is now one of the most popular stocks on the market for Fund Managers, starting to receive the same kind of hype as Apple and FB.

They dont' waste their analysts time looking at nano cap companies like QFX for good reason and neither should you.

QFX has absolutely no hope never has, STAN is probably 50/50 Presto might retain a small number of customers because they already use other Foxtel services but by far the majority of subscription streaming customers will go to NFLX, I wouldn't be surprised if they surpass Foxtel numbers similar to how they've passed HBO in US within a few months. NFLX could have 2m plus Aus subscribers by years end not including those like me with US accounts.

"sometimes dog stocks like this one can surprise you and pull a rabbit out of a hat, so I cant help but on look... for what its worth I actually appreciated your insight... however in regards to your opinion on the rubbish penny stocks, I have to say they are my main money maker, I personally love them, they have potential to make massive gains, where as bluechip etc your lucky to make small gains unless you trade it daily to take advantage of small daily gains... if it bothers you so much, look away and focus on what your in to... not hard really is it, sounds like it would be better for your blood pressure....lol, jokes, you can smile cant you?"

Completely disagree, no offence but penny stocks are really the domain of new uneducated inexperienced traders/investors thinking they will get rich quick, pay off their mortgage, retire young or think they will be able to make a full time income from trading penny stocks with sub 100k trading account, never happens.

Even if you have a good trading technique,trading plan and capital management due to the nature of penny stocks in that they fluctuate wildly on news announcements you'll eventually over a period of years at best break even, at worst blow your trading and savings maybe even a second mortgage and the family estate as well..

The biggest gains in the market isn't in trading penny stocks but high quality large caps plus found in overseas markets, ASX just doesn't have enough volume and quantity of companies compared to like of US,Euro markets. Also in trading Options,Bonds and ETFs, especially ETFs. You only make small gains on bluechips if you have a small account to start with, that's why penny stocks are attractive to inexperienced investors they think if it's 1c they can buy 1m shares for just 10k and how they will take 10k profit when it hits 2c of course it doesn't and they end up on here ramping the stock.

You can't short penny stocks on ASX unless using CFD if you are using CFDs you should close your account and put the money on slots in the casino because CFDs are banned across other global markets for good reason. And if your not able to short as well as go long your playing the markets with one hand behind your back, might of worked out for the last 5 years due to the excellent bull run markets have enjoyed but it wont work during market downturn and when volatility is high.

Nothing wrong with playing penny stocks for bit of fun, just as long as cash exposed doesn't exceed 5% of your total capital, that way you'll never have sleepless nights.



Kat