Ann: SPP to close early as heavily oversubscribed, page-74

QPM at this stage is a momentum stock with good business proposal. It will react to all the good news and equally goes down with bad news.

At the moment, the inflows of good news support both TA and FA.
Everyday there is headlines about increase demand for EV and its battery, Potential nickel shortage in the future, majors are worried about supply shortage and most importantly a USA president that is determined to promote green energy and he is with us for four years.

When you look at the macro and microeconomic together with what QPM is offering, you couldn’t find many young promising company like QPM to grow your wealth (IMHO).

This company is led by experienced management team , straight to the point and so far achieved what they promised in a timely manner.

Looking ahead:
Biden will confirm his stand about cutting greenhouse emissions

Tesla will report their quarter production on Monday and has already showed the rising demand from China and any commentary about future demand will be well received

On Monday, retailers who got their cheap shares, some might sell and those who haven’t had their full entitlement will look into buying, the net balance will be in favor of those who are looking ahead and react to the headlines from Biden, Elon Musk and the likes

It is so simple, you either look at your toes and sweat over a couple of cents or rest and relax to reap the rewards in a year when it is ten times the current value. Some may set a target along the way, buy sell buy, rinse and repeat but, IMHO, set your target high and as they say aim high soar high

Finally, I strongly believe the company will be wise enough to let its potential financiers, off takers into the data rooms while the DFS is progressing. That is good for QPM and the majors who are worried about supply shortage in a year or so. Cutting time will also reduce cost for all parties involved

My thoughts only, not a financial advice