Post by
mrmoribund on Jun 06, 2024 12:39pm
Comment
It is weird the degree to which the market has cooled on Quarterhill (and presumably similar small value + potential growth stories). A few months ago Q ran up over $2 largely on the insider buying.
Now we have more substantial insider buying plus good news out today . . . and the stock does pretty much nothing.
I'm sure Sock1 will tell us it's because there's something wrong with the company.
I'm comfortable Rusty knows what he's doing.
Comment by
barneyj44 on Jun 06, 2024 1:13pm
Qtrh needs some bigger contracts. $1.5 million is nothing to get excited about and the market has spoken. Something in the $25 plus million range is what we need to move the needle.
Comment by
Maxmoe on Jun 06, 2024 6:37pm
It is a bit amusing to get excited enough to issue a press release about the solution to traffic jams in North Dakota. Oxymoronic. JumboShrimpish. It's still meaningful and helpful for a small capper like Qtrh.
Comment by
Possibleidiot01 on Jun 07, 2024 6:54am
It's material ; i would love to have $1.5 million come through my door. Iteris releases contract news on projects like this all the time. One previous poster commented Quarterhill needs larger projects , like $25 million. There are problems with relying on larger projects - risk, you blow the pricing / cost overruns , lumpy revenues , overhead absorption etc.
Comment by
Maxmoe on Jun 07, 2024 8:35am
Yup, every little bit helps. 10 of these would add up to 10% bump in annual revenue. Then we're talking. And no reason they won't pick up 9 more.