This stock over reacts up or down after every earnings announcement and a week later reverts back... Look at the last 8 quarters, one day and one week after earnings. In addition they have analysts conferences in November at which time they will discuss their orders for QlikView.next (which is what prospective customers are really waiting for). This stock is a gift at these levels.
QT will continue to drop. They are loosing their veteran Salesman at a rate or 1-2 a month. The technology is not fit for Big Data like Hadoop. Managment is clueless at dealing with Large Companies. They want enterprise but fail to do what is needed on the sales side to make these companies trust them. Until they shake up the C level this where they will stay.