Saw a shakeout like this a while back and then the upward trend continued. It seems to me all those following the "Daytrader's" recommendations set a stop loss at 35cents and once it hit that there was a freefall. I topped up with some more and am very happy.
Hope this stock get more attention once the final report is released and there is some commentary from the company. As I have said before I wouldn't be suprised to see a dividend announced.
My observation of this market is that people are not committing more capital until they see which way it might go and instead are moving into whatever seems to be popular on the day eg: banks. If the market starts to get nervous as happened on Wall St last night I think people will be looking for companies like QTM who have a strong cash flow and great prospects.
I will continue to hold and buy more where possible. Good luck to holders.
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Nick Poll, Executive Director
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