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Microcap & Penny Stocks : Qurate Retail

QVCGA 11.84

+5.4%

Oct 30 3:59 PM EDT

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From: Sean Collett	4/22/2024 8:16:39 PM
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Recent news has S&P changing Qurates outlook from negative to stable, but no change to their debt rating. Qurate Retail Inc. Outlook Revised To Stable From Negative On Improving Operating Performance; Ratings Affirmed The big thing they need to prove to Mr. Market is the ability to stabilize customer declines. We had one good quarter but need to see more from them (three makes a trend :) ). At this current price range though I did start buying again after selling my shares for a profit. Support is pretty heavily broken though but we are close enough to May earnings where I expect some stable news to reassure Mr. Market and bounce it back. I am not expecting the declines <$0.85 that we saw earlier, but always need to be on guard. -Sean

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