Post
Topic
Board Beginners & Help
Re: BQC Market Reaction
by
mco65
on 19/06/2013, 17:49:03 UTC
I think it really depends on what the buyer does after the fact.  If he hoards the 1 mill BQC then supply will remain Low which initially will create a bump in demand and price. However, over the long haul, I don't think BQC will hold water and the buyer will be forced to sell at a loss.. causing the price to plummet.. and never recover..   JMO

If the buyer buys with intentions of selling soon after, he will make an initial profit but will probably sell at a loss before the entire 1 mill allotment is sold off.. breaking even is probably a long shot..