Sincerely with respect and with over 25 years trading/investing...

Sincerely with respect and with over 25 years trading/investing experience please consider this bit of advice, do yourself a favour sell while you can even if it means break even, take QFX off your watch list and never look or think about it again.

Nothing worse (and experienced this myself many times in early years) then the feeling of wanting to get back at a stock after taking a loss on it you know you should never of taken in the first place, just as you have a watchlist you also need to create a black list.

What ever amount of capital is left take it and place it on some high quality long standing large MC companies with strong PE and dividends for long term investments and ones that can still do well during any market down turn.

Another option is long term ETF investments to diversify even more or hedge though of course you won't earn dividends.

Also don't just restrict yourself to ASX look at US listed companies if you'd like some free advice on how to invest there and capital management by all means send me an email.

Don't give yourself sleepless nights by over exposing capital to penny stocks, they are the bottom end of the market for good reason.


Kat.