Soros just bought a bunch of shares. TY @Zentoro for the heads up. I dont trade Penny stocks but this looks pretty good :)
Comments
Zentoro
⋅
I calculated a resistance at 1.74. So there's a sweet spot to put in play. Considering 5% pull back limit entry order. Calc the intraday net orders between bid/ask divided by shares to determine if it will continue ahead of the current market price.
QTM reports debt reduction on flagship development project in Panama. Must repay 81M in convertible notes due Nov 2015. I see a five tier drop since May - the bottom consolidation 7 day candle range confirms that investors buy inventory are in control. At least the Nov deadline can be the motivator to drive up this price with high volatility. Could be the one trade to recoup my ytd option commission costs. I'll scale in on this one.
QTM reports debt reduction on flagship development project in Panama. Must repay 81M in convertible notes due Nov 2015. I see a five tier drop since May - the bottom consolidation 7 day candle range confirms that investors buy inventory are in control. At least the Nov deadline can be the motivator to drive up this price with high volatility. Could be the one trade to recoup my ytd option commission costs. I'll scale in on this one.