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

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To: Jane Hafker who wrote (287)1/11/1999 8:45:00 PM
From: Ed Ajootian  Read Replies (2) of 686
 
Jane,

CALM DOWN and get ready to make your money back!

I lost a lot of money on this company's predecessor, SUB-Optima Petroleum. This therefore jaundiced me on that crew and I did not trust the new crew at first.

But now that I've seen how these guys do their business, I like what I see and I'm getting ready to buy. They know what they are doing out in the field and they appear to want to use the "walk softly carry a big stick" approach, which is fine with me for a company in this stage and given the current market environment.

The stock will not skyrocket overnight but they are building a very firm foundation for substantial growth IMO.

Wait until at least a month has passed since you sold, so you don't run afoul of the wash sale rules. But once that has occurred I would load up on dips under $1. I believe the stock will dip sometime soon, as a result of the "backlash" of selling by folks that bought on this latest news with expectations of a runup but saw the stock languish.
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