Post by
Socrates1 on Jan 23, 2023 1:24pm
Steady she goes
we have spiked to a $1.78 daily high which surpassed all the monthly highs back to October. a positive indicator. Monthly close and volume will guide. Last moths volume was 2.738mill. Ideally we want to see more volume and a $ 2.80ish January close be nice..............
Comment by
Newinvestor123 on Jan 23, 2023 3:11pm
It safe to say the stock bottomed out at around $1.50 after tax loss selling. Its a lower beta stock that I am happy to hold and collect the dividend. There is positive share price momentum now that will accelerate with positive announcements with the sale of Wilan and such.
Comment by
cabbieJBJ on Jan 23, 2023 3:49pm
Looks like someone decreed that upper $1.70s was enough for the day. Hopefully buyers are new investors rather than shorts starting to cover.
Comment by
pullsea on Jan 23, 2023 4:02pm
Some of the new investors are perhaps from the Motkey Fools writeup saying Quarter Hill is being undervalued and has a huge upside.