...from the last 2 days' trading it should be patently obvious IMHO that QEC will run bigtime on positive results.
An NR saying the co and a relatively minor partner were going to have a second look at a previously drilled play that was a disappointment took the sp up $0.60. If positive test results come in from Utica and/or when qec hits gas in the Jean Marie field [a very strong probability] the sp will step up. Particularly if strong news comes from Utica the big buyers will be buying for keeps - for the time being they want proof - and the sp will stick at a much higher level.
I put an order through my *very* conservative broker a while back...that got him interested - he's been buying all week for his own portfolio.
As a friend said to me yesterday...'just be patient - you'll be fartin' through silk in no time...'