GREY:QSLRF - Post by User
Comment by
mercurysmithon Sep 25, 2014 11:54am
323 Views
Post# 22969825
RE:RE:Revenue
RE:RE:RevenueThe s/p response to this n/r is consistent with Q's current s/p being driven by short term economics as opposed to longer term fundamentals. No question the fundamental value of Q today is way higher than it was 3-4 months ago when s/p was in the .80's. The two short term economic factors driving the s/p bus seem to be first, getting beyond the cheap shares available through the recent financing and second, the anonymous willingness to continue selling in the .30's. Those two factors may even be connected for all I know. Nonetheless a great n/r today reflecting actual manufacturing and sales. In a wierd way, I am almost hoping the UL certification news doesn't come out before the October closing date on the equitable financing because it seems likely Mr. Market will otherwise undervalue that fundamental news too. GLTAL