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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU)
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To: Ronald J. Clark who wrote (548)4/9/2000 10:25:00 PM
From: Ed Ajootian  Read Replies (1) of 686
 
The fact that the company chose to put out the release on a Friday afternoon is a clue that they thought it would be viewed negatively by the markets. I share their view.

I believe the stock will dip slightly from here, recover back to around the current quote, and then be dead money at best for the next month while the next round of wells gets going.

Too many exciting things happening in the rest of the stock market right now to keep as much money as I had buried in this turkey. Blew out some of the position last week. Money went into stuff like Maxim Pharmaceuticals and Parametric Technology.
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