An observation I made last week was the sensitivity of the share price to the volume of buyers. All it took to move QTMM up thirty percent over three days was a volume of roughly four million shares.
People here decry “dilution”, but in reality this is a small, tightly held company. Even at the maximum authorized four hundred million shares, that will be a major constriction in supply at high volumes of trade.
Considering last weeks action, what will happen when the crowd shows up and demands ten million shares a day (or more) for a few days?
I would think that collectively, the longs here at this board own at least around a tenth of QTMM, and we are all wondering about that.
It is a Very pleasant prospect.
Don’t cash out too early, my friends!
S A John
