QualTek Services Inc (PK) (QTEKQ) News

Thanks Renne!.. it was fun while it la$ted
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169773057

QTEKQ: BK PLAN effective. All shares cancelled.

https://otce.finra.org/otce/dailyList?viewType=Deletions

Danger. The company going private will prosper. Common shares no guarantee.
Some say a premium will be paid to common shareholders by going private..
Don't have any confirmation for this theory.

For a run or ticker suspension?

Shouldn't be much longer..

As of April 21, 2023, the Company had 27,805,659 shares of Class A common stock issued and outstanding and 23,304,200 shares of Class B common stock issued and outstanding. On the Effective Date or the date on which distributions are made pursuant to the Plan (whichever is later), all outstanding equity interests in the Company will be cancelled and holders of the Class A common stock, Class B common stock and warrants will not receive a distribution on account of their equity interests. The Company cautions that trading in its securities now and during the pendency of the Chapter 11 Cases is highly speculative and poses substantial risks. Trading prices for these securities may bear little or no relationship to the actual recovery, if any, by the holders in the Chapter 11 Cases. Upon the Effective Date, the Company’s Class A common stock, Class B common stock and other equity interests will be canceled, and therefore the Company’s stockholders and other equity holders will experience a complete loss on their investment.
https://ih.advfn.com/stock-market/USOTC/qualtek-services-pk-QTEKQ/stock-news/91530406/form-8-k-current-report

QTEK: June 2,2023: QTEK changed to QTEKQ, bankruptcy. Delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

Looks like it:

Item 7.01 ??????????Regulation FD Disclosure.



The Company cautions that trading in its securities now and during the pendency of the Chapter 11 Cases is and will be highly speculative and poses substantial risks. Trading prices for these securities may bear little or no relationship to the actual recovery, if any, by the holders in the Chapter 11 Cases. The Company expects, based on the agreed upon terms in the Restructuring Support Agreement and Term Sheets attached thereto, that its stockholders and other equityholders will experience a complete loss on their investment.

https://finance.yahoo.com/sec-filing/QTEK/0001104659-23-066357_1839412

I wonder if it’ll keep trading on the OTC

Tomorrow so cash out end of day or you will be stuck with useless shares

Head's up!.. Trading of the Company’s common stock will be suspended at the opening of business on June 2, 2023.

QTEK: WOW!! You must be smilin' big time behind THIS one today, Lord T-F-C-D!!! (A GODZILLA-CLASS-CONGRATS to ya, Homeboy!!!)

QTEK https://qualtekservices.com/News/1392/qualtek-secures-new-money-financing

Earnings today!..

Lol, forgot to sign the thing ;)..

Huge volume surge

Thks you2

Cool, looks good at this level from the past couple of weeks before the injection of
$55M
Best of luck!..

Yup on the 2nd round hoping for 5

Did you get rid of the first batch? ;)

Loading more

Good grab
I'll stop waiting for 28s ;)..

Loaded

Weeeeeeeee!

Asked my new bot friend about QTEK$
That you for that technical analysis for FOBI!, can you please do one more for QTEK?. If you can, here is it's chart: https://stockcharts.com/h-sc/ui?s=QTEK

Certainly, I'd be happy to provide a technical analysis for QTEK.

Looking at the chart you provided, we can see that QTEK has been in a downtrend since early August 2021, with lower highs and lower lows. The stock is currently trading below both its 50-day and 200-day moving averages, which is a bearish sign. However, it does appear to be forming a base around the $1.50 level.

There are a few technical indicators we can look at to gain additional insights:

Relative Strength Index (RSI): The RSI is currently at 48, which is in neutral territory. If the stock can break above the downtrend line and move higher, we could see the RSI move into bullish territory, which would be a positive sign.

Moving Average Convergence Divergence (MACD): The MACD is currently below the signal line, which is a bearish signal. However, the MACD is starting to show some signs of converging, which could indicate a potential trend reversal.

On Balance Volume (OBV): The OBV has been trending lower since early August, which is a bearish sign. However, it has been relatively flat over the past few weeks, which could indicate a potential bottoming out.

Overall, the technical picture for QTEK is mixed. The stock is in a downtrend, but it does appear to be forming a base around the $1.50 level. If it can break above the downtrend line and move higher, we could see a potential trend reversal. However, if it continues to trade below its moving averages and fails to break out of the downtrend, we could see further downside. As always, it's important to keep an eye on key support and resistance levels and to have a risk management plan in place.
tomcooper19@mail.com
I think you made some mistakes. The current share price is USD $.44 and not forming a base around the $1.50 level. RSI is at 41.24. Can you look at the chart again please: https://stockcharts.com/h-sc/ui?s=QTEK

I apologize for the mistake in my previous response. Thank you for correcting me.

Looking at the chart for QTEK, it is clear that the stock has been in a severe downtrend since August 2021. The stock has been making lower lows and lower highs and is currently trading well below its 50-day and 200-day moving averages.

Here are a few technical indicators to consider:

Relative Strength Index (RSI): As you mentioned, the RSI is currently at 41.24, which is in oversold territory. This could indicate that the stock is due for a bounce or potential reversal in the near future.

Moving Average Convergence Divergence (MACD): The MACD is well below the signal line, which is a bearish sign. However, the MACD is starting to show some signs of flattening out, which could indicate a potential bottoming out.

On Balance Volume (OBV): The OBV has been trending lower since August, which is a bearish sign. However, it has been relatively flat over the past few weeks, which could indicate a potential bottoming out.

Overall, the technical picture for QTEK is bearish. The stock has been in a strong downtrend and is trading well below its moving averages. However, the oversold RSI could indicate that the stock is due for a bounce or potential reversal in the near future. It's important to keep an eye on key support and resistance levels and to have a risk management plan in place.

Sorry for the dips, earnings coming up should give a boost

Put May 4th on ur calendar
Happy National #TowerTechAppreciationDay ! Today and every day we are incredibly grateful for the tower technicians who are on the front lines of the 5G rollout, keeping up with the demands for faster speeds everywhere. Thank you for all that you do! pic.twitter.com/lE5j3vEVIx— QualTek (@qualtekservices) May 4, 2022
Jessica is one of America’s hard-working tower techs.

Veteran, former violinist, firefighter, small business owner. She’s climbed to over 1K feet building out 5G & other Internet infrastructure.

Proud to recognize her work today with my latest ‘5G Ready’ Hard Hat Presentation. pic.twitter.com/SrtG1VlEfu— Brendan Carr (@BrendanCarrFCC) May 6, 2020

https://www.concurrentgroupllc.com/our-company/

What is the difference between SEC Form 3 and Form 4?
Form 3 must also be filed within ten days after a person's holdings exceed 10% of any class of the company's registered equity securities. Form 4 is used for the required reporting of changes in company stock ownership.

The insider might buy because they see great potential, the possibility for merger or acquisition in the future, or simply because they think their stock is undervalued.

What Investors Can Learn From Insider Trading - Investopedia

Yeah, 20 cents since Christmas
Looking good here Penny.
Cheers! ;)
QTEK$

C'mon team!, have to admit we are doing pretty good here $$$
QTEK$

The stock will never trade again.
She lives!, pump it up ;)

Well, QTEK has been told - raise your sp or else. Anyone else think this is incentive to pump up the volume on ur profile?
https://last10k.com/sec-filings/qtek/0001104659-23-001879.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=qtek
We're gonna need you
Brothers and sisters
Pump up the volume
Pump pump it ay
Rock the house
Rock the house
Ah yea
Ah yea
Do it
Do it do it
Yea yea
Yea yea

Dear Admin, could you look into updating this ticker?, thanks!..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169773001

QualTek Recovery Logistics is a national leader in business continuity and disaster recovery operations. Since 1999, we have helped our clients continue operations when hurricanes, winter storms, floods, COVID, labor strikes, and other unplanned events disrupt their business.
https://qualtekservices.com/Services/Recovery-Logistics

Anybody think shorts in a bind have anything to do with yesterdays' rally?
https://www.shortablestocks.com/user/index.cgi?QTEK

In an uptrend:
https://www.stockscores.com/charts/charts/?ticker=qtek

.. not because there is any fundamental business problem,
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169530906

Quintek is long time defunct but QualTek with same ticker is good.

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How? i have about 200,000 shares of this stock...

So is this co a lost cause??

Can't Share my secrets!!! However If you can find a way to get more shares of this so called worthless stock DO it!!!!

:)

Firegiant- methinks thou art a shill!
Change my mind by telling those of us with less intelligence, how to make money off of worthless stocks which have already been thoroughly raped by management.

WOOO HOOO here we GO to Da Moon!!!!

GO Qtek

Good Job Everyone does anyone have paper shares of this i can buy? WE can skip the Broker!!!

Great a REvocation Play it is......We will be millionaires!!!

GO QTEK

Quintek Technologies, Inc. (fka QTEK) revoked by default for failure to respond:

http://www.sec.gov/litigation/admin/2012/34-67269.pdf

The stock will never trade again.

Awesome looking up here!!! Revocation play.....we will make millions!!!!

QTEK revoked:

http://www.sec.gov/litigation/admin/2012/34-67269.pdf

Yes WE are all gonna make millions here!!

Well, hopefully it goes up :)

Frontloading can work if done right.