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Why QTRX Could Bounce Back Before Long

The RSI reading of 27.51 for QTRX is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.

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3-month RSI Chart for QTRX
This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering QTRX in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 20.5% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.
 
SUNW our 6th Stock to double -!:p
Did you see my TPIC?
It doubled too.
As did every stock in the solar sector.
Imagine that oh guru one. :rolleyes:

XPOF worked out well though.
You won't see $29 however.
$15 is in the works.

Those discrepancies in their market-cap and enterprise value across several websites has to do with this company Rumble that they bought and how they adjust their books. I looked into this.

That said... long term debt is not the only thing that goes into the calculation of EV. All liabilities do, minus cash on hand and marketable instruments. According to S&P Global... they have about $400M in liabilities. Refinitiv concurs with that also.
Soooo... If you think Yahoo Finance's numbers, or the free public homepage at SA is more accurate than that... have at it.

Either way.... XPOF had a nice run today.
$4 more and you'll break even from your "strong buy" last April. :p
 
GM-

Last few days have been interesting. I got massively sick & the wife blamed it on my stress/gastro condition which I thought was too. Unfortunately in cleaning up my mess
in the bathroom (and wall next to bathroom) she picked up a stomach bug and went up to Ct by herself and started getting sick up there. Next my son got it and he was in bad shape last night.

We leave for college Thurs....

This Jackson Hole meeting is reminding me of 10 years ago- I think that meeting ended badly for the market..
 
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