PX...anticipated QTMM PPS thresholds [?]:
1st, let me add that "i...personally", only spend time, reviewing DD posts from what I consider...'credible' sources...that includes the credibility of the poster submitting the alleged DD.
OT; To be able to plan my moves in managing my QTMM shares, I've been trying to get a handle on how it 'might' trade in the coming months, should we get the kind of news we're expecting. This is obviously subject to forces well beyond my control or ability to perceive and, I have a terrible record at picking the right time to sell. All that being said; I've been watching the market for comparable tech stock moves, for several months now.
Of the ones I've observed, I 'think' I 'might' be seeing some patterns emerge. No mater how good the news is for a tech-stock w/a comparable O/S, it seems to hit-the-wall @ $7. (I 'think' thats as far as 'pennystock' investors are willing to go). From that point on, I 'suppose' it would be up to the big$ institutional investors to take it higher [?].
But this is only on 'great' news....before that, there seem to be a few other incremental resistance levels to deal with. One that stands-out to me, is JBII...they have a similar O/S & a diverse semi-tech biz plan. They already had an enthusiastic group of investors, hanging their hopes on some preliminary developments and promising news to come, when I first started monitoring them last year @ +/- $1.--. The CEO is also an genius & is independently wealthy...which obviously helps a lot & 'might' compare to our CEO, Squires. They went from $1. to $1.50+ in the next level, on more documentable revenue news. It stayed there for quite awhile then came the 'great' news....it went to the +/-$3.50 level for a few days then on to its $7. 'wall' a few days later. It has since busted back down to .70cents, on some negative investor concerns.
I've seen this same pattern w/a few other comparable stocks w/a similar O/S, over the last year or 2 as well. Although its in the bio-med sector, I saw another wildcard stock ( CADM ) w/a similar O/S hit that same $7. wall a few weeks ago on some unknown [?] backdoor news. It too, has broken-back down to the .75cent level for unknown reasons...but anyway...,..you probably get my drift, I think.
However... Just to burst my bubble; I just ran across another thin-film solar stock (SLTZ) that has a lot of monster news on some +100M$ contract coming their way. On top of that, they only have a 20M O/S (1/4 of QTMM's). All sounds terrific except....they only hit $1. at best & are now at a piddly .30cents. All this either puts my theory in the trashcan or, investors are getting more savvy & want to see 'verifiable' positive revenue filings and 'validation' by 3rd parties, of claims all made, before they fork-over the big$. Can't say as I blame them, with all the corruption that has happened in the last 2 years.
Bottom-line ? Guess I'm back to where I started except...I feel pretty sure that we won't be able to sustain any huge gains (or attach a 'Forward PE') unless supported by positive revenue filings. Until then, we will likely see some POPS on 'smaller' news like [?]: TQD patent confirmed, LOI"s/MOU's, contracts, factory facilities built etc. Consequently, I'll be looking to sell a small portion on the interim POPS to recover my initial investment then, sell a 1/4 or 1/3rd on a large POP to live-on then, hold 'long' w/ freebees on the rest for retirement funding.
Thats what I think anyway...probably FOS but thats all I've got to work with.
AIMO
GL2us
1st, let me add that "i...personally", only spend time, reviewing DD posts from what I consider...'credible' sources...that includes the credibility of the poster submitting the alleged DD.
OT; To be able to plan my moves in managing my QTMM shares, I've been trying to get a handle on how it 'might' trade in the coming months, should we get the kind of news we're expecting. This is obviously subject to forces well beyond my control or ability to perceive and, I have a terrible record at picking the right time to sell. All that being said; I've been watching the market for comparable tech stock moves, for several months now.
Of the ones I've observed, I 'think' I 'might' be seeing some patterns emerge. No mater how good the news is for a tech-stock w/a comparable O/S, it seems to hit-the-wall @ $7. (I 'think' thats as far as 'pennystock' investors are willing to go). From that point on, I 'suppose' it would be up to the big$ institutional investors to take it higher [?].
But this is only on 'great' news....before that, there seem to be a few other incremental resistance levels to deal with. One that stands-out to me, is JBII...they have a similar O/S & a diverse semi-tech biz plan. They already had an enthusiastic group of investors, hanging their hopes on some preliminary developments and promising news to come, when I first started monitoring them last year @ +/- $1.--. The CEO is also an genius & is independently wealthy...which obviously helps a lot & 'might' compare to our CEO, Squires. They went from $1. to $1.50+ in the next level, on more documentable revenue news. It stayed there for quite awhile then came the 'great' news....it went to the +/-$3.50 level for a few days then on to its $7. 'wall' a few days later. It has since busted back down to .70cents, on some negative investor concerns.
I've seen this same pattern w/a few other comparable stocks w/a similar O/S, over the last year or 2 as well. Although its in the bio-med sector, I saw another wildcard stock ( CADM ) w/a similar O/S hit that same $7. wall a few weeks ago on some unknown [?] backdoor news. It too, has broken-back down to the .75cent level for unknown reasons...but anyway...,..you probably get my drift, I think.
However... Just to burst my bubble; I just ran across another thin-film solar stock (SLTZ) that has a lot of monster news on some +100M$ contract coming their way. On top of that, they only have a 20M O/S (1/4 of QTMM's). All sounds terrific except....they only hit $1. at best & are now at a piddly .30cents. All this either puts my theory in the trashcan or, investors are getting more savvy & want to see 'verifiable' positive revenue filings and 'validation' by 3rd parties, of claims all made, before they fork-over the big$. Can't say as I blame them, with all the corruption that has happened in the last 2 years.
Bottom-line ? Guess I'm back to where I started except...I feel pretty sure that we won't be able to sustain any huge gains (or attach a 'Forward PE') unless supported by positive revenue filings. Until then, we will likely see some POPS on 'smaller' news like [?]: TQD patent confirmed, LOI"s/MOU's, contracts, factory facilities built etc. Consequently, I'll be looking to sell a small portion on the interim POPS to recover my initial investment then, sell a 1/4 or 1/3rd on a large POP to live-on then, hold 'long' w/ freebees on the rest for retirement funding.
Thats what I think anyway...probably FOS but thats all I've got to work with.
AIMO
GL2us
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