RE:All the Selling recently at a low price SuggestsThe market is a device for transferring money from the impatient to the patient (Warren Buffett).
Much like BlackBerry there are many people who bought at the higher end of the price range and automatically sell it once it returns to par (because they don’t keep up with the company). BlackBerry killed their earnings recently, it surged 14% and then came back to where it started pre-report because of this. Such loss-negating activity is unsustainable, especially in QNC’s tiny float, and the propensity to sell will gradually approach zero. There’s also the factor of short-term buyers who rationally take their profits when the stock rises.