Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well...well...well...looks like there's some percolation going on with this stock over the past week. Finally broke the 10cent mark...let's see if there's finally momentum with this.
Can't believe this pig is still under $1 nevermind 10 cents...oh well...was checking in to see if there's still anything going on here on the board...the only decent thing is that the stock looks like it's percolating a little over the past month but we've been here before...oh well
Like I said...one month later...this company and it's stock price is garbage. I was hoping I was wrong...I would love it if I was wrong. Apparently one of the director's picture is gone. I had higher hopes but nothing but sellers and nosedive on the stock price. Wonder if anyone reached out to them to find out what's going on? No news for past 2 months.
As I said...this has become a shitty stock and company. Can't keep any momentum going.
Wow. This stock is such shit. Low volume and all selling!
This stock is unbelievable. As soon as there's some good news and the stock starts to go up, big selling occurs shortly thereafter.
Some good dumping today.
There goes those sellers again...trying to short the stock! lol
Any background on this David Daniels? I tried looking him up and found RBC capital markets in New York.
Very insightful comments. I remember the company using Hybrid Financial for marketing services...
https://www.prlog.org/12806212-quantgate-systems-inc-engages-hybrid-financial-ltd.html
But I agree with the continual investments that are put into the company is hard to ignore...I believe that the first year that came and went was just the start.
Keep up the great comments...you seem to have the most insightful ones!
GLTA
Yeah it was but remember that this annual report was up until May 2021 so I believe the next 2-3 quarterly reports as well as upcoming PR news/events will be positive. I think some of the sellers were simply doing profit taking. It would be very difficult to envision this company all of a sudden taking a nosedive. I believe Friday was the flush that needed to happen for this to start moving upwards. Just my opinion.
Who is the idiot that's selling? Wow
Thanks for the great post. Very interesting that Leonardo tweeted that. Looks like things are finally coming around for the company. I also believe their fiscal year just started so I would be curious what they have to say on their annual report which should be coming soon.
Good volume today so far and nice uptick on the stock price! LFG!
Totally agree. Interesting to see that they put up financial projections on their corporate presentation. It was there earlier in the year then removed it and now it's back. I believe that things are going to finally start rolling. Their biggest issue is getting revenue. Once it's established that they're generating decent revenue, big buys will follow up.
News release came out today even though it's dated earlier in the month:
https://www.newsfilecorp.com/release/93359/QuantGate-Announces-Release-of-Pilot-2.0-a-Major-Upgrade-in-the-Development-of-Solutions-for-Trading-Apps-and-Digital-Wallets
Let's see if this stock turns around...it's not much but it's basically doubled in price from a week ago. Perhaps some good news or reports will follow. Annual report should be coming out soon.
Yeah totally agree...can't believe it as well. I know they should be reporting their annual report soon. Perhaps it will give some guidance or clues as to where this company is going. There's been nothing going on...can't believe that the team is still the same. I'm wondering what are they getting out of this...I can't imagine that they're happy unless they're a bunch of amateurs that don't know how to run the business side of the company.
70% up today...let's see if there's some good news that will serve as a catalyst for the stock and volume to start going up. The year end financials/report should be coming out soon.
Recent video on Pilot:
Lol...Nahh..I was trying to get a rise from someone/somewhere. It's been so quiet that's it's getting scary.
Looks like the Sean Donnelly marketing dude is no longer with the company. He was in charge of the marketing...looks like he did a shitty job or he thought this company isn't going anywhere so he left. Who knows but if shit doesn't start picking up soon...you're going to see a lot of heads leaving...making this company go to sleep for good like it did several years ago. What a dump of a company. I should've sold my shares when it peaked up in March on the announcement on the crypto app.
Hey everyone...I heard that some big bank in the US is looking to acquire the company!
Yeah...I can see how it looks odd that since that peak of cryptocurrency news that things have fallen off and lack of communication/news. However, there are people with lots of money tied into this company that purchased shares at a much higher price years ago...so they're not selling to take a huge loss. The company management has been atrocious in the past so the new management is trying to make it a profitable company and until some big PR/news comes out or some big institutions start taking notice and buying shares, it will consolidate for a while until then. I believe that some catalyst will occur at a later point this year.
LOL. Hold the line...don't worry I figured instead of worrying I'm going to chuckle at this as worst case you lose most of your investment...best case this becomes a AMC meme like stock at some point.
But seriously, let's see what the annual report has to say...that reverse stock split now doesn't look it was a wise decision.
This stock is so weak...440 shares and it dumps like that.
Looks like they updated/changed their website in particular to the Platform and Solutions tabs. Hopefully in due time big things will start to unfold. The fact that they're updating their site and adding to their management team means that they're making efforts to improve and get things going within the company.
Here's a lame PR article that's not going to do much to the stock price:
https://marketglobalist.com/2021/05/10/what-led-the-quantgate-qgsi-stock-to-increase-53/
I'm pretty disappointed with the reaction and activity of the stock price after changes to the team. Clearly there's no immediate catalyst or big PR that is going to drive the volume and price at this time. I believe that if there is anything that's going to happen it won't for the next 1-2 years at least. It's a long term hold. There's not much interest right now and no one is buying. Not sure how the team feels about this as it's trading. Not sure who advised or was involved with the decision making of doing the reverse stock split as it hasn't resulted in the outcome that should have happened. Just shaking my head for now.
Leo Cardoso, CEO, did mention this on his linkedin account:
https://www.linkedin.com/feed/update/urn:li:activity:6796077949889118211/
The company did announce update to board members and advisor. Looks like Michel Lebeuf is leaving..and adding two new members. It looks promising. It may be that Michel or someone unloaded some of their shares today as a result of the changes.
https://news.yahoo.com/quantgate-systems-inc-announces-board-120000383.html
On the previous presentation there were a few slides missing from the present one...two being on financial projections (which looked pretty good) and another one that had the list of the team members. But you're probably right...they might be reworking them as well as making any changes to the team. We'll see. Thanks
Not sure what to make of this but the company removed the two pages of their financial projections..one being base case and the other being best case. Not sure if they're afraid they'll overshoot their projections or something a bit sketchy. The point is not much has been heard from this company lately...so I may go with the later.
Perhaps someone can reach out to them as to why those were removed? Hmmm
Makes sense. I could see that potentially happening. Strategically they’re placed well by doing partnerships with these other companies. Perhaps one of them decides to acquire or even merge together. That would be something.
Ok. Well since it supposed to be Q2 it shouldn't be too long then.
By the way, you mentioned in the past one of your thoughts was that the company may be acquired...what makes you say that? Just curious.
Thanks
I thought the Crypto site was launched...you mean the Crypto Nuvo?
Wow. So weak. Again remind me why they decided to do stock split when the price has been steadily going down.
Has anyone reached out to them to get any updates? Seems like they have been pretty quiet. No PR, no news, no marketing, etc.
Hello, is it me you're looking for?
'Cause I wonder where you are and I wonder what you do
Lionel Richie
I think the Company is not using Redchip anymore. I believe that at this point their main focus is to get revenue up so that buyers start coming in and increasing value/share price. Patience is key with this company as they had to fix and update things from the past...so getting to QB status was key event for them so that they can start ramping up subscribers thus revenue. I still think further down the road they'll look at Nasdaq but the numbers have to make sense.