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Tuesday, 23 February 2016
QT Vascular - Same Operator as Spackman
Yesterday was a good day while today is a bad day. This morning when market opened, when I saw Spackman ran to a high of 0.129, I expected QT Vascular to follow through at least to 0.127 but it jammed there and stucked at 0.124 as the high. From there on, I saw an avalanche of sellers popping by and say hello to us. This time round there wasn't a halt and gap down but it triggered our cut loss level and time. I must say we are unfortunate again but we must accept defeat in this small loss. The important thing is when the market moved higher, we will need to reduce our lot size and not increase it so I believe this time round, I accept the wrong judgement. In my personal opinion, the stock is still strong, just that in the short term, there would be fluctuations and reactions. I am watching closely QT and some other counters till the right time.
Ronald K - A Game Changer