I was going to ask if people were still averaging down on Quest... I think I'm going to wait until after tomorrow to see if the 2.5 billion share dilution happens, and how the pps reacts based on whatever happens.
I'm assuming people are bailing today based on the worst case scenario. We belong at least @ a penny IMO based on the projections they put out, even at 2.5 billion.
Tomorrow would be a great day for them to put out a P/R on either numbers or the second mine (Cedar Grove)
Last time they pushed it down to .007 it bounced to .01 in a couple hours if you remember. It's just a matter of when the MM's think it's low enough to start buying
I was going to ask if people were still averaging down on Quest... I think I'm going to wait until after tomorrow to see if the 2.5 billion share dilution happens, and how the pps reacts based on whatever happens.
ReplyDeleteI'm assuming people are bailing today based on the worst case scenario. We belong at least @ a penny IMO based on the projections they put out, even at 2.5 billion.
ReplyDeleteTomorrow would be a great day for them to put out a P/R on either numbers or the second mine (Cedar Grove)
Hmm... I thought of that but I can't see it rebounding that quickly after all this selloff. Maybe I'll grab a couple today, just in case.
ReplyDeleteLast time they pushed it down to .007 it bounced to .01 in a couple hours if you remember. It's just a matter of when the MM's think it's low enough to start buying
ReplyDeleteGood Point... I put a limit in @ .006
ReplyDeleteThat would be a great fill if you get it IMO!!!
ReplyDeleteCould get a quick 60% gain!!!!
Whoomp there it is... it's nice AND painful.
ReplyDeleteNice fill IMO, not sure how much you bought but if it's worth it, book it on the next strong move up and then buy back in.
ReplyDeleteI'm looking at the .0095 area to flip the one I just bought!!!