Quarterhill Inc T.QTRH

The Danger Zone

[v_guerriero]

So the major technical supports are broken and the stock is beginning to free fall.

This is The Danger Zone to put new capital to work as small movements in the stock can cause big losses.  If it falls to $1.00, this is a 50% loss and you need a double to get back to breakeven.

So where is the bear market bottom? Many tech stocks are heading back to March 2020 or near all time lows.

What was IRD worth before Quarterhill paid a premium for it?  What was ETC worth before Quarterhill paid a premium for it?  Together they were worth $100 million in the hands of previous owners.  Then there is $30M net cash on the balance sheet.  So, $130 million + whatever you think "the chaff" of WiLan will fetch in a bear market.  

There is 113 million shares outstanding + a Canadian option + a newly issued US options plan.

$1.00-$1.20 isn't out of the realm of possibility.  That is a 4% yield, that competes with risk free GICs.

Buy (ETC) high and Sell (WiLan) low to private equity.  Private equity wins.  Retail shareholders lose.

[Fortuna]

This post has been removed in accordance with Community Policy

[astutein]

Trying to tkae advantage of recent market price again fails V-G. Stock up.08 today and bottom hopefully reached at $ 2.00level. $1.00 man.  Take a rest.

[Joey67]

This post has been removed in accordance with Community Policy

[Homework]

So Sell and move on.............If you don't have the conviction of owning it at $ 2 after the apple deal, but were happy owning at$ 3 before the apple........... if you have been in QTRH for longer than 3 years I understand your skepticism....... If not then you need to make a decision.........or do more homework....all the while collecting a 2.3% dividend........ 

[checkup]

I have put that goofus on ignore.....

[cabbieJBJ]

Which goofus checkup?  There are many.