OTCQX:QEXGF - Post by User
Comment by
NoMineron Dec 12, 2020 3:11pm
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Post# 32093858
RE:RE:Citibank+Goldman+CIBC
RE:RE:Citibank+Goldman+CIBC Interesting comments "...covered with snow... timing is the issue... 6 months..." - you are probably far more experienced at this than I am, and I understand if you want to use your money in other investments during that perlod.
But I guess my thought is that if you really want to try to optimize your investment return when you eventually sell QEX, then you want to maximize your 'multiples' of your purchase price, as well as be able to buy more shares at the lower price - so obviously the lower the price when you buy the better and if you wait 6 months (or so) you take a real risk that the SP has increased significantly as the market heats up in anticipation during that time.
It appears the SP has found a base somewhere around $0.50, and we saw how quickly it ran to $0.64 this week, and that didn't appear to be under much buying pressure.
On the otherhand, I guess if I was still picking up small lots I'd want to try to keep the price down.
I don't know, I guess we'll just have to wait and see what happens during the next 6 months.
JMHO DYODD