QNTM Longs: Let's be realistic about this situation: It took QNTM
3 months to move from ~ 27 to its year high, this under VERY stable,
and bullish market conditions. Ask yourself this if you are long:
Am I willing to wait through february, at the least, for this stock
to regain its year high of 1997? Of course a company growing at this
pace cannot be held down forever, and yes the fundamentals SHOULD be
making this stock go like stink, BUT, realistically, the time frame
for recovery looks like 3 to 6 months IF the rebound started now, and IF market conditions change from the present uncertainty. As a year to
two year investment, I think this stock is super, but for the next
month or two, opinions about the market in general will have to change
significantly for it to recover a substantial share of its losses. |
