Post by
microcaphobby on Jan 05, 2021 3:05pm
Can anyone explain this movement in share price?
It may be ESC funds who have tons of money to deploy or a comng buyout or some large contracts in the works that we don't know about.
Comment by
microcaphobby on Jan 05, 2021 4:47pm
McWirter has mentioned QST a number of times and it never moves the share price like this. Some other explanation more likely.
Comment by
Possibleidiot01 on Jan 05, 2021 5:39pm
I hear what are saying but if you put a stock that is trending up , combined the comments ......... you get investors paying more attention so more demand Could be a combo effect? BTW , I own this stock because of one of your posts.
Comment by
mlmack on Jan 05, 2021 6:10pm
Thankfully he didn't make it a top pick. Last two times he did so were at the tops.
Comment by
savyinvestor333 on Jan 05, 2021 6:58pm
Lots of other Lagging Oil Service stocks had similar moves today also. A few that moved were SES 15% ESI 17% CEU 7%
Comment by
Mully99 on Jan 06, 2021 11:56am
I think a combination of the recovery in oil and anticipated enviromental regulations, which seem like they will be expedited under a Biden administration. I had no problem loading up in the $1.50 range despite minimual revenues. These guys run a tight ship. Tonnes of cash and their SG&A is tiny - very responsible. Doesn't take much to achieve strong earnings and cashflow....