Institiution BuyingThe latest surge in volume and price has to do with institution buying. In the past, high volume was associated with insider selling, but it is not the case this time. Technically, there was a large accumulation at around $5 with large bids. I wonder if QST made it in any ESG funds.
Acumen, Cannacord has been snapping up the share in the last week. They are partially responsible in driving up the share price .
These guys has more access to the QST management than most of us, so these guys must have a better sense of what's going on.
Earning won't be out until April, but CAP EX guidance maybe out soon. They don't announce it every year, but if they do, they do it around this time of the year.