This stock is what it is. I've had much worse "Q" stocks than this that turned into 10-baggers when the Q dropped. Of course that was a while back and sentiment may have changed. I've also had "Q" stock in which everyone just knew they were going to get rich when they emerged from bankruptcy only to have the commons cancelled.
I know people have posted again and again their numbers and their reasons why this stock will not go much higher. Those predictions also assume a rational market, which is often part of the Western Economic Theory Religious Dogma. It also assumes that everyone thinks and reacts in the way the poster predicts they will act.
My current Scottrade research shows that Netflix is running along at a PE of 48.12. This is rational? The Dot.com and recent housing booms should show that sometimes the rational market analysis doesn't work. Sure those bubbles burst, but people made fortunes in the meantime.
The reason I am here is due to the potential. That's what most penny stocks are all about: potential. You can go to the board of most any penny stock on Ihub and there will be promoters and detractors using the same data to make their case. This is just like all of the analysts we hear before any major sporting game presenting their opinion on why this team will beat that team.
IF QSGI can generate some excitement in the coming months this stock could be impressive. If it can't it may end up lackluster. That's how life works sometimes.
The unknown of human psychology is why I am here. I might be wrong and this stock could be a dud. If so I will not hang my head in shame and be cowardly about investing money in other speculative ventures. Learn from the experience and move on.
On the other hand, the unpredictable human element may allow us to realize some great gains from here. In that case I will have learned something and made a profit.
Us folks in Western Culture want life to be as risk-free as possible. But we learn life's lessons from struggle and adversity. Pick your path, walk it and accept those challenges you encounter along the way. Not everything works out as planned. Sometimes it comes out worse, but sometimes it comes out better than you could have ever planned or even imagined.
Anyway, sorry for the long rant. Here's to hoping all us longs have a profitable life lesson ahead. GLTA longs.
For safety's sake don't follow me. I wander off the beaten path.
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