QTWW forming a double bottom

[TheChartGuru]

Forming a double bottom. Watch for a few days and hopefully it wouldn't break below the $1.70 support

445

The Guru has spoken

http://stockcharts.com/h-sc/ui?s=qtww&p=D&yr=0&mn=6&dy=0&id=p79553924071

[ub3rn00ber]

Looking good, So you still sipping your ice tea?

[metalheadrr3]

I played this one on the earlier bounce. Might do it again for some added bonus. Some of my stocks have taken a beating lately so I could use it.

[fabrique]

they sold 6.1 mln shares to institutional investors at $1.64 per share.
add dilution to the equation and it looks as though it will dip more. its at 1.63 now.
seems like it will be a good oversold situation.

[TheChartGuru]

QTWW broke the support. I think it is going to drop hard, maybe down to $1.30. Do not buy until it forms a consolidation stage and the smoke clears

The Guru has spoken

[neidermeyer]

QTWW broke the support. I think it is going to drop hard, maybe down to $1.30. Do not buy until it forms a consolidation stage and the smoke clears

The Guru has spoken
Double Bottom? Maybe you missed the gap down on huge volume...

This is a dead stock in a dead company, any price moves are not rational at this level and should not be played, you might get lucky but then again.... ,, fuel cell tech is NOT on the immed horizon, only a few cars may ever be sold using their tech and they will be engineering exercises from GM or TM who will just "borrow" any patents QTTW may own when they go under... if you look at higher quality companies you will find bargains, all alternative energy is fundamentally BAD (Jim is right on that) ,, the future is hybrid diesel/electric especially now that sulfur free diesel is available, we have the infrastructure for that and it can be done at a reasonable price.

[TonyM]

You do realize that you're preaching fundamentals to a chartist?

[OvrLpdIO]

Double Bottom? Maybe you missed the gap down on huge volume...

This is a dead stock in a dead company, any price moves are not rational at this level and should not be played, you might get lucky but then again.... ,, fuel cell tech is NOT on the immed horizon, only a few cars may ever be sold using their tech and they will be engineering exercises from GM or TM who will just "borrow" any patents QTTW may own when they go under... if you look at higher quality companies you will find bargains, all alternative energy is fundamentally BAD (Jim is right on that) ,, the future is hybrid diesel/electric especially now that sulfur free diesel is available, we have the infrastructure for that and it can be done at a reasonable price.

**COUGH** **COUGH**

Quantum to Supply Hydrogen Fuel Storage Systems for GM Fuel Cell Vehicle Fleet Program
November 6, 2006: 9:00 a.m. EST

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IRVINE, Calif. (PRNewswire) -
IRVINE, Calif., Nov. 6 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. today announced that it has received a multi-million dollar purchase order from General Motors (GM) for hydrogen fuel storage systems to be used in GM's recently announced Chevrolet Equinox Fuel Cell vehicle program.

GM will begin building and deploying the world's largest fleet of hydrogen fuel-cell vehicles in 2007. The 10,000 psi (70 MPa) hydrogen storage systems for these Equinox Fuel Cell vehicles are based on Quantum's state-of-the-art Type IV (polymer-lined, all-composite) ultra-lightweight tank technology, incorporating advancements in materials, material utilization, and optimized design, yielding benefits proprietary to GM. These hydrogen storage systems are fully integrated modules comprised of three 10,000 psi tanks and incorporating Quantum's proprietary high-pressure valves, regulators, and safety systems. Quantum designed, developed, and safety tested these systems specifically for this GM vehicle program. Quantum's hydrogen storage systems have been extensively tested and validated to operating conditions beyond current industry standards, addressing extreme temperature conditions found to occur in real world experience.

"Quantum is proud to have partnered with GM on this exciting program, which will be the largest fleet of hydrogen fuel cell vehicles equipped with range-extending 10,000 psi hydrogen storage systems. We believe that our 10,000 psi compressed hydrogen storage systems represent the state-of-the-art in design, manufacturing, and performance," said Alan P. Niedzwiecki, President and CEO of Quantum. "Quantum is committed to maintaining its hydrogen technology leadership and to supporting GM's fuel cell vehicle commercialization plans."

About Quantum:

Quantum and its subsidiary, Tecstar Automotive Group, are leaders in powertrain engineering, system integration, and manufacturing of packaged fuel systems and accessories for specialty vehicles and applications including fuel cells, hybrids, alternative fuels, hydrogen refueling, new body styles, mid-cycle vehicle product enhancements and high performance engines and drive trains for OEMs and consumers of aftermarket parts and accessories. Quantum also designs and manufactures hybrid and fuel cell vehicles.

Quantum has product commercialization alliances with General Motors, AM General, and Sumitomo. Quantum's customer base includes General Motors, Toyota, Opel, Hyundai-Kia, Suzuki, Ford, DaimlerChrysler, AeroVironment, and the U.S. Army.

More information can be found about Quantum's products and services at www.qtww.com.

Forward-Looking Statements

Except for historical information, the statements, expectations, and assumptions contained in the foregoing press release are forward-looking statements. Such forward-looking statements include, but are not limited to, the Company's expectations regarding expected future revenues and operating results; future opportunities for Quantum; the Company's ability to fulfill orders in the future; and other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management. Such statements are subject to a number of risks and uncertainties, and actual results could differ materially from those discussed in any forward-looking statement. Factors that could cause actual results to differ materially from such forward-looking statements include, among other factors, prevailing market conditions; the Company's ability to design and market automotive products; the Company's ability to meet customer specifications and qualification requirements; availability of component parts and raw materials that meet the Company's requirements; and the Company's ability to source alternative materials and suppliers. Reference should also be made to the risk factors set forth from time to time in the Company's SEC reports, including but not limited to those contained in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended April 30, 2005. The Company does not undertake to update or revise any of its forward-looking statements even if experience or future changes show that the indicated results or events will not be realized.

For more information regarding Quantum, please contact: Dale Rasmussen Investor Relations Email: DRasmussen@qtww.com +1-206-315-8242 Andy Abele Executive Director, Strategic Development Email: aabele@qtww.com +1-949-399-4527 (C)2006 Quantum Fuel Systems Technologies Worldwide, Inc. Advanced Technology Center 17872 Cartwright Road, Irvine, CA 92614 Phone 949-399-4500 Fax 949-399-4600

Quantum Fuel Systems Technologies Worldwide, Inc.



Now the question is how high will it go?