QNST Dead Cat Bounce

QNST reported record revenue, earnings were a bit of a disappointment but someone's panicking and selling shares for $12, so I picked up 1k shares. Bet it gets a bounce tomorrow, they're profitable and revenues are growing still.

I see the ask is back up to $13.25, but might be worth sticking a bid at $12 and see if anyone else panics.

Commentaire:

The ask settled at $13.5 which coincidentally is where this opened after the last earnings report. I will LMAO if this manages to fill the gap again like it did last quarter, but for now my target is $15 range where it previously had support.

If it opens and waffles around at $12.5 - 13.5 range I'll probably take the easy money and run. anything over $14 is bonus for me.

Trade fermée manuellement:

Closed it at $13, last time it went straight up from $13.5, obviously gonna waffle between $12 and $13 like it did AH yesterday. Besides, can't lose by taking profit.

Commentaire:

No cats involved, this stock is just dead.