I was just looking at this company - online movie downloads The only thing holding these guys back from making money is people using it - obvious i know. I recon this stock has some real potential on the basis of their marketing exposure and 'first mover' status as regards to products for Smart Media market. Is anyone else looking at these guys? What does Scaffold say http://investor.quickflix.com.au/IRM/Content/investor_latestnews.html Warning - DO NOT MISTAKE THIS STOCK FOR NETFLIX WHICH IS THE AMERICAN EQUIVALENT 3 mil Cash NO DEBT The chart doesn't look great at the moment, free cash flow is still negative. I just like the business idea and will keep watching.
How kind ;-I Skaffold sees it as a C3 stock and attributes zero value to it. Quality is C = poor, and performance is 3 (pretty low), and for most of its years of operation performance has been 4 (one up from the lowest rung in the purgatory of bad stocks)
Owned QFX several years ago. I sold them as soon as they said they weren't planning on an online service (or it wasn't a priority or something) and were confident the HD disc market would do well. Maybe those responsible have been sacked since then (dunno, I wrote them off as idiots). Buy TPB instead.
file-sharing website, The Pirate bay? http://www.smh.com.au/technology/t...d-to-block-the-pirate-bay-20120501-1xvnu.html
Huge selection, fast downloads for new releases, no digital rights management spyware, works on all operating systems, wide variety of standards-compliant software available for access and free. Basically TPB has a superior product.
Well, that's sort of the point. How is QFX going to grow and run a profitable business when the consumer has a superior product available somewhere else?