Post by
TrickyGame on Apr 06, 2022 1:11pm
Kumutwist. Shorting QNC at this point is dangerous
The CEO himself said previously mangement is aiming for a buyout within a year. They are in the best position they have ever been in right now. Expecting first revenue in the last half of 2022. Their margins are expected to be at least 90% or higher. Every $1 in revenue is at least $0.90 in profit. They have $5 million in cash on hand and no debt. You are acting like the company has no revenue, no cash and millions in debt, which is simply not the case. There's a rumor on ceo . ca that big name cybersecurity firms are looking at QNC with NDA's in place. They could announce a buyout deal at ANY time. They announce a buyout at $1 you basically instantly have an over 200% loss if you shorted at 0.46 cents. $1.50 and your losses are 300% or higher $2 and your losses exceed 400%. Will you be able to come back from that?
Comment by
GastownGuy on Apr 06, 2022 2:34pm
oh man. we are getting b!tch slapped. just like chris rock did by will smith