I, like most other shareholders, am already resigned to never seeing my investment back. I jumped on QFX around early 2014. As an avid pirate myself I knew that I too would eventually have to start looking into safer and more legitimate ways to watch content. I saw QFX as having a prime position and ahead of the curve, streaming was going to boom as more and more life got harder for torrent-ers. Piratebay closed, that other torrent site closed (can't recall the name but it was the other main aside from Kickass), and foxtel aside from foxsports had been junk for years - it was surely the time for Quickflix to hit the mainstream and so I excitedly put my money into this cheap spec stock with 'huge' upside.
Then the day came, I received a free trial as part of my investment, awesome, stocked - happy to try it. However as soon as I used the platform I realized that it was a dud. Poor interface, small library, premium content that cost extra! (back then almost all HBO content was premium). In short - the product was junk and I was taught a valuable lesson. As a consumer of online entertainment I should have (Why didn't I!?) tried the product before investing in the company I thought would be able to make a mint of the changing trend. Now what's worse is I'm of course on netflix - because it is a by far a superior product.
Time to take QFX to the vet and put it down.
*My sentiment is held because I don't see any difference between 0.001 and 0
QFX Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
