QS Energy Inc (QSEP)

[alkalinesolution1]

Is this a longterm breakout?

A proper breakout for me = Over $2 and for 90 days, and the company submitting a request to uplist.

I am wary of another ~1.70 spike, lots of excitement.... followed by no further news, and then a steady decline.

Until a big TransCanada contract comes in, or another more serious contract from another company, I don't see the price being sustained over $2. But I may be way wrong.

Are there any precedents we can look to? Have companies with new technology and $60,000 month income listed on Nasdaq? We can speculate all we like, but it would be nice to anchor the speculation in something other than "I think X is likely."

There are a lot of companies that remain penny stocks after making some income, right? So, basically our hope now is: current and prospective INVESTORS (because traders will be in and out after making their 30% or whatever) believe the company is in the future going to be worth more than it is now. At some point that will plateau. Not sure when.

I really hope it's $3 or $5 or something, but we have been disappointed before and I would not be terribly surprised if we spike and dip -- until that big TransCanada contract comes in.