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View Full Version : MTW and BQI


fizzziks
05-15-2009, 09:24 PM
http://finance.yahoo.com/q?s=MTW
http://finance.yahoo.com/q?s=BQI

I'm looking to enter into these positions this next week.

Mainly BQI when oil rises. MTW is more long-run. Few questions:

1) Are these good investments in the first place?
2) I have about $3,000 put invest into the two companies collectively. What do you think my position should be? 50/50? 60/40? etc

Thanks!

Horace Kent
05-15-2009, 10:07 PM
I've been following BQI for a couple weeks now. I got the idea when goldman put SU on its conviction buy list a few weeks back. I've been waiting for it to break the April highs. Honestly, I don't like it. The chart looks like shit. No momentum.

MTW, on the other hand, looks slightly better. Strangely, the farm equipment names haven't rallied like the fertilizer stocks. Soybeans are breaking out. Corn might follow....But, who knows. I would wait for it to break over $6 to put a position on.

You might get a nice spike out of BQI. I would sell that. There is no indication of an uptrend in that stock. If MTW can reverse next week, that could run. I would definitely keep an eye on that.

If I HAD to split my money between these 2 - I would put no more than 30% in BQI. Because, if it does rip, it will quickly over take 50% of that portfolio, if not more.

I think you can do better in the small cap oil and ag space than these two.

check out finviz.com - i love their screener

BULLSEYE
05-15-2009, 11:16 PM
Not worth holding bqi unless you really think they will get bought out or price of crude will sky rocket. Neither of which i think will happen. Profit Margins for oilsands companies are just too low with the current price of crude. Bqi is treading in water. Just had a dilution in stock.they must be bought out. trust me, ive been following this stock for 3 years now. Both mtw and bqi financials look like some poo.