BQI - OILSANDS QUEST INC - Page 21

Looks like you're getting the beginnings of your consolidation!

Nice $40,000 trade @ .81 to finish us off for the day. I think there was more upside pressure today than there was even yesterday. Closed closer to the HOD than the LOD and the L2 had great bid support all day and at times extremely thin asks. I'm hoping the Dow just kills it tomorrow and BQI along with it.

I had my bid in the mid 70s to reload, but didn't happen. I won't be that disappointed if I can't reload and I won't chase this, BQI has treated me well already.

Though a laggard in this energy/oil rally, BQI seeing some action...

triggered on my watchlist....good volume too.

ya she got my attention today also.

Breakout or Fakeout? A look at BQI
Chart of small cap stock "Oilsands Quest" on the chopping block.

By James E. Brumley
Published: Monday, April 5, 2010 @ 1:56 PM PDT


After putting Oilsands Quest Inc. (AMEX:BQI) on my bullish pick list a few weeks ago, I (along with many of you) gradually lost interest and the stock went nowhere [the market lost interest in BQI as well, judging from the tepid volume we saw for most of March]. Today, I'm putting the stock back on the table as a breakout candidate.

The line in the sand for BQI was $0.82.... close to the highs from when I first expected a bounce off support at $0.66, and the ceiling in mid-March. It also happens to be where Oilsands Quest found support last July, adding to its importance as a make/break line now. Well, as of today, this small cap stock's close $0.83 has cleared the ceiling. A little higher volume sealed the deal.

I still expect some volatility for Oilsands Quest Inc. going forward, though the crack today will make it easier for some of that gyration to move it higher. Frankly though, I think I'd wait for a dip and step into this stock on the next swing above $0.82 (or at least set up a base above $0.82). Call me chicken, but I don't get paid any extra to survive volatility.

Finally got the run I'd been looking for. It was only a matter of time, IMO, after the high-base consolidation we saw following the initial pincher run. I did go ahead and get out in the .90s as I'd been holding .73s. Good luck to all still in this one.

...again

I second that! Nice run up today!

nice nice.. she always does this, just gotta wait long enough.

All out...thanks for the mammaries

I'd have got out today, too...

Coinkydink?

I thought FOR SURE this would at least touch 1.00 today.

Got out just in time

This thing picked up legs after all...

It inst that easy with her.

You and she have quite the relationship! So,,,I have my sell set at 1.16--based on the three month chart. What are your thoughts? errr, I mean, what kind of mood is she in?