QFX 0.00% 0.1¢ quickflix limited

No they realised that averaging down on a loser like this was a...

  1. 4,600 Posts.
    No they realised that averaging down on a loser like this was a loss they never should of taken in the first place. Sold out and moved on, some without even a goodbye or apology for ramping this dud on a near daily basis for over two years.

    Joel same for nearly every failed penny dreadful the ASX and HC forums are full of them. There is an intial hype and momentum to the discussion along with any volume, but as soon as the endless CRs start accumulating long with the dilution of investors equity the stock and threads are dumped as holders take their loses and move on to the next popular penny stock.

    However there always some who hang on until company suspension from trading and final liquidation. Then of course discussion amongst few that are left turns to class action groups.



    Kat.
    Last edited by Katoom: 10/06/15
 
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