My favorite quote: "Survival of the fittest". C
Post# of 22454
Company listed in OTC Pink does not need to file financial reports or to release information publicly, some companies do not even has a website or office, many can be in a fly-by night operation and can disappear without warning. There is why stocks listed in the OTC Pink companies are considered high risk. But a knife cuts both ways, OTC market could be a nursery for potential future blue chip companies, investors must do their own diligent research and invest in companies they have confidence in they should stick to the company's business fundamentals and chart technicality, they tell a lot about the company's future potential, where its stock is listed is unimportant. There are many reasons why a potential company is listed in the Pink, it could be only a temporary phenomenon.
QMC is in the revenue phase and is fundamentally sound with great future growth potential. QTMM chart is technically bullish, a sign that something big is coming. If QMC has no future, share price would be already like other OTC listed stocks at sub-penny level. Test of break down from the November convergence failed to follow through, sharp breakout on the up side is imminent.
Bullish and Bearish Head-And-Shoulder patterns:
https://c.mql5.com/6/8/hhhh.jpg
QTMM monthly 2yr
http://bigcharts.marketwatch.com/kaavio.Webho...mocktick=1
QTMM stands out among the crowd with an extremely bullish chart pattern:
1) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
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