Opening a long here in QRTEA, unknown micro cap that the big shorts Micheal Burry has just bought $10 million shares in
It's a micro-cap company (market cap just 750MM) which engages in engages in the video and digital commerce via television networks and e-commerce sites. Technical's look good here for a bounce at least and i expect the weekly MACDH to turn divergent bullish either this week or next.
Could be a good ride up.
Note
Nice 8% dividend announcement on this yesterday to add to price. Expect this to hit a least 4 soon (entry 1.9)
Note
MACDH divergence confirmed on weekly charts, adding to longs
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