RE: Over 6 days21 Apr 2026 15:47
Sushi
So what made the SP race up to 5.5p?
It was NOT a dead cat bounce as they are never this big,
It was NOT any news released by the company,
Instead it was all sentiment driven stemming from the endless ramping about the stock multi bagging.
With the Internet, Social Media and AI, ramping news travels fast and therefore its is very difficult to predict when the Herd may descend on a particular stock. On this occasion they chose to descend on QDE for a temporary visit, which has sent the SP into orbit.
The Herd are not at all concerned about the dire state of the company, its business model, its incompetent CEO, or the fact it is close to insolvency because they are only going to be around for a few days and will all leave with a healthy profit. That’s what these type of traders do!!
However LTHs like you are more likely to buy more on seeing the bounce and are very unlikely to sell, instead holding on until the SP returns to 1.5p and below.
By this time the Herd will have long moved on to another stock where they will also make quick short-term profits.
The descent in the SP from 5.5p has already begun and it doesn’t look like you are going to have a strong close like yesterday.
The smart ones will have already got out and sold at 5p+ but you’ve missed that boat.
A similar thing happened to me in 2013 with my holding in Evocutis. The Herd arrived and the SP jumped over 230% in a day. As a LTH, I didn’t sell, but should have done. The SP soon dropped and I eventually sold at a small loss.
In 7 days QDE has risen from 1.45p to 5.5p earlier today, that’s +280%, all because the Herd arrived. Remember this, they don’t stay around for very long.