PetroQuest Energy, Inc (PQUE and T.PQU) Message Board

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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU)

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To: andrew r harwood who wrote (404)	7/29/1999 6:25:00 PM
From: Ed Ajootian	Read Replies (1) of 686

Andy, I believe you have made a mistake to have sold at this time. I've been very busy so haven't had time to call the company but this slight pullback is of little concern. The huge volume on the day it went down was basically three huge trades, it looks like --- not truly representative of the whole market IMO. It is hard to conceive how this company could be in a cash flow crunch with $2.50 gas. IMO big volume is a huge positive for a small company's stock. It often presages big, breakthrough moves. This company is a coupla weeks away from getting introduced to the investment community for the first time. I can guarantee you that 90% of the participants at the conference they are going to have never heard of PQUE. Virtually all the other companies at the conference are larger than PQUE, most several times larger. The kind of investor going to this conference will take a big position in a stock if he liked it. All its gonna take is to get one or two of those big boys liking us and it'll be off to the races. I'd strongly suggest buying back in before next week is over. Hopefully you can cover the spread OK.

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