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Microcap & Penny Stocks : Quantum Fuel Sys (NAS.GM: QTWW)
QTWW 0.08010.0%Apr 8 5:00 PM EST

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From: Hawkmoon5/16/2008 3:23:03 PM
   of 271
 
Nibbled at some QTWW this afternoon.. I really like the size we're seeing on the bid at 1.57/share. I seems to signify some nice support for the stock at that price..

Sorry I missed the run up from the 1.30's, but with the proper support from the markets (and the fact that Fisker Automotive claims it's oversubscribed for its financing to produce the Kharma which is set to close next month), this little puppy has the potential to run to $2.25/share short term..

After that, we'll have to reassess and determine if the stock has the legs to test $3/share resistance:

bigcharts.marketwatch.com

I may trade it a bit until we're certain that 1.57 holds, but I'm liking what I'm seeing with the company.. Still some work to do, but I'm liking it.

Hawk
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