Sure, but on the other hand, nobody wonders if Q is fully funded, the way some do wonder (however wrongly) about GX. That "security" is worth paying a premium for many, hence Q has a p/e higher than TCM for example or GX for that matter.
Be that as it may, Q just broke their 52 week low. Welcome to the club - GX has been doing it for awhile, and is well practiced :)
At this point, it really doesn't matter how low GX falls, from my point of view, it is worth buying, the lower the better. I wouldn't buy it over $10, but here in the $7's... yes, the cheap get cheaper, but look at it this way, there's only $7 to $0, LOL! No sweat. Q has a lot further to fall than GX, hence, I don't mind buying GX at these prices. At some point, the selling has to stop. Then the hard part starts, getting the price up, LOL! It is one thing to buy at a "low" price - many are willing. But quite another getting stuck with that "low" price for a long time, I'm afraid not many are prepared for that!
Morgan |
