Quantum Fuel Systems Tech fka QTWWQ

[xanadu]

This from one report. Really a wait and see. They're not new comers and the recent stock offering should give them some needed cash to continue

Given the preliminary guidance, there’s probably not much downside risk after small cap Quantum Fuel Systems Tech Worldwide reports earnings. However, any upside may already be priced into shares given the positive preliminary numbers.

In mid February, Quantum Fuel Systems Tech Worldwide raised $11.5 million in gross proceeds by issuing 4,600,000 shares of its common stock, which included the issuance of an additional 600,000 shares as a result of the exercise of the underwriters' over-allotment option, at a price to the public of $2.50 per share. Net proceeds from the sale were approximately $10.54 million which the company intends to use for general corporate and working capital purposes.

http://www.smallcapnetwork.com/Small-Cap-Quantum-Fuel-Systems-Tech-Worldwide-QTWW-Earnings-Report-A-Comeback-FSYS-FCEL/s/via/21051/article/view/p/mid/1/id/780/