Post by
AGResearch on Jul 27, 2020 6:58pm
Oversold. Good risk/reward at current levels.
Entered a position at .45 as the stock hit oversold area just above SMA 200. It should bounce on technicals alone but fundamentals are quite strong as well. Nice to see management participating in .75 financing and more insider buying at .53. Two recent analyst reports with PT @ $1.10 and $1.40. Recent selling pressure is likely due to shares issued about a month ago but looks way overdone.
Comment by
TrevDesch on Jul 28, 2020 8:18am
My friend JamesL suggested the same.
Comment by
capex1 on Jul 28, 2020 10:45am
If anyone is interested there is a free webinar with the CEO this thursday. I have a sign up link if interested, otherwise search for "O&M partners events" Could be a good opportunity to ask questions and find out about catalysts.
Comment by
jjj123 on Jul 28, 2020 3:34pm
Where is the source for the insider buying? I added some more at $0.45, avg cost now $0.59
Comment by
TrevDesch on Jul 28, 2020 3:53pm
https://www.globenewswire.com/news-release/2020/06/26/2054086/0/en/Quisitive-Announces-Closing-of-16-Million-Bought-Deal-Financing.html Fonal paragraph. Insiders bought about $200,000 durong the last raise.