RE:RE:RE:RE:RE:RE:QUARTERHILL IS FOR SALE!My time horizon on holding QTRH is dependent on valuation and coimpany events. I technically won't need the money (and I have way too much in the stock right now) for another 5 years or so. That being said, if I believe the market begins to start giving a proper valuation to the shares, I'll begin selling. Right now, that would be in the $4-$4.5 range. With an Apple win, it gets to the $5-6 range.
If we stay sub $3 and continue to bang out EBITDA of $30-50 million a year, I'll stick around as long as I don't need the money and wait for the market to correctly value the company (or for it to be bought out).
However, if they begin levering up the company significantly to purchase firms in their ITS strategy I'll probably begin to sell into any strength.
Chi.