BQI - Oilsands Quest - Dollar/Penny Stock?

[BentleyVTech]

Good morning friends,

What a crazy year it has been...I've only been investing for a year and half now and of course I started at the wrong time! When I first started and found this forum BQI was a hot, up & coming stock...we thought so at least.

After yesterday, BQI sunk below 1.01 (previous strong support level) and is now at .91. An Insider transaction showed up on Yahoo today, that Yildirim Erdal bout 10,000 shares at 1.23 on November 14th - which is good news...I think....

Oil is a limited commodity, and will most definitely increase in the next couple years (Oversold as of now I think...) so I strongly believe BQI is a solid stock for the future, IF ( BIG BIG BIG IF) it can hold up under these tough market conditions. What are your thoughts on this? Anyone taking a chance and getting in at these levels?

[eatsmall]

Whenever you buy a stock, you should set a stop.

[blow]

Yes, you need a stop loss. Everyday a stock have space to fall 99%! If you like to hold a stock for long term, why not at the bottom? And for OIL bottom is still far away.... I guess somewhere around 30..?

[jacobnbr1]

Good morning friends,

What a crazy year it has been...I've only been investing for a year and half now and of course I started at the wrong time! When I first started and found this forum BQI was a hot, up & coming stock...we thought so at least.

After yesterday, BQI sunk below 1.01 (previous strong support level) and is now at .91. An Insider transaction showed up on Yahoo today, that Yildirim Erdal bout 10,000 shares at 1.23 on November 14th - which is good news...I think....

Oil is a limited commodity, and will most definitely increase in the next couple years (Oversold as of now I think...) so I strongly believe BQI is a solid stock for the future, IF ( BIG BIG BIG IF) it can hold up under these tough market conditions. What are your thoughts on this? Anyone taking a chance and getting in at these levels?

Ahhh BQI huh?

I balieve this ol stockeroo was the fav of ol 'chinaman' and/or 'Aiki' back when the days were well... better than today we say.

Anywhoo there aint no rexsquing this POS chit If it is even rexcueable

This thangy here taint stoping until .40 IF it's lows enough and you know what they say doancha? 'The Lower They Go, The Lower They Hafta Go....

Spekin of ol Chinaman wheres he been? (Enquiring minds want to know) ;)

[aiki14]

I got stopped out of this a couple of times as it dropped from $5 to $3 and then left it off my screen out of disgust. The company is sound as far as developmental companies can be in this environment, which is to say they are "hanging on in quiet desperation". Oil will come back when the global economy comes back, and it will most likely be near the curve rather than a leading indicator, so it will be a while before this plays out in your favor. That also relies on the company surviving through the next 6-18 months, which is not guaranteed, or being acquired by a larger player in that time, also not guaranteed.

As for the Chinaman, you might look on the online fixed income traders forum, as he has grandkids to think about.