That is true...but not many retail investors ride a stock up like that. Especially one like qec, where it has gone down so much before all of this...I think once it hit the $2, many probably sold out. Of course many buyers, but from higher levels. Much of the buying when news first came out was institutional...so we retail investors won't be controlling the price of the stock anymore....and even when news did come out, I am sure there were still investors out there that just were happy to get there lost money back from this stock being frustrated for a year after it went down a lot. Also, many shorted qec on the way down and if an investor did buy at $0.10, it would have been mind 2004 and they would have sold way before all of this when it went to a high of $1.40...so I'm just saying, we don't have those types of retail investors holding with those kinds of averages.....that type of stake with that kind of share holdings would be held by many institutions, and maybe a few retail investors...and then again, would be quite gutsy to invest hundreds of thousands in a stock that showed no sign of coming back, especially after the poor Nahanni well.

But the biggest institutions and holders would be sprott, and they are averaged in at around $2...and possibly even higher when they continued to buy after wards on the way up.

It isn't hard to drop the price, once you pull bids and let ppl dump, then we come down. But, for me the most important thing I see is that I would think close to 100+million shares traded since the annoucement, and the days this went down, have been on very little volume...so we have many many longs holding this one until we see drilling results....and a PP at $4.70 helps our cause.