Quadrant 4 Systems Corp. (OTCMKTS:QFOR) Recovers Monday’s Loss
There has been quite a lot of interest in the stock of Quadrant 4 Systems Corp (OTCMKTS:QFOR) lately and the ticker was doing pretty good price-wise. This week, however, started off on a bad foot, but it seems that the PR from the company worked well in yesterday’s session.
QFOR is a rare OTC gem, as it is a company that has millions in revenues. Unfortunately, they are still unable to operate at a profit. Despite that, looking at the nine month period that ended on September 30 we see that the company has registered a 47% increase in revenues compared the same period in 2012.
This, combined with the regular press releases from the company and the paid promotional campaign worked well for QFOR‘s stock for a while, as it was climbing the charts for almost 2 weeks of trading, before being stopped in it’s tracks on Monday with a 10% loss in value.
Seeing this, QFOR‘s VP of Marketing was quick to put together a press release that was posted in the early morning hours yesterday and it seems that the effort has paid off. Yesterday’s session ended with a decent 22% gain in value, which not only covered the previous day’s losses, but added a few cents to the price.
The ticker gapped up at $0.58 and continued to move through the session in an almost straight line until dropping as low as $0.50 minutes before market close. Fortunately, the stock recovered and managed to close the day priced at $0.66 per share with a total of 541 thousand shares that had switched hands, generating $308 thousand in dollar volume.
However, the stock is starting to become very shaky and unstable as it gapped down today to open at $0.506 per share, despite yesterday’s optimistic press release and the gain it caused. QFOR is starting to look like a volatile stock and things can get pretty intense soon if it starts to sway in both directions with no regard to the news.
In the worst case scenario we can witness another paid promotional campaign, that may prove fatal for the stock’s price. This is the reason for which we would advise you to do a lot of due diligence and weigh out the risks if you have any thoughts of betting on QFOR.
Vapor Corp. (OTCMKTS:VPCO) also had a decent session yesterday as it added another 19% to its price, continuing the upward trend. Fresh Healthy Vending International, Inc. (OTCBB:VEND) on the other hand, registered another drop in value as it slid a further 13% lower.
