Yeah I think it's a total shame that they are allowed to do that....there should be a change in that so every firm/brokerage has to show up.....but you are probably right.......its funny, because I don't know exactly how much anonymous bought/sold today, but there was a period around the $3.55 mark where they bought up 40,000 shares in one trade....goes to show you how much they are making....and they also put up blocks once the sp starts to rise.....these guys all know the potential and everything bullish stated and shown by forest and tlm and they are doing everything to scare ppl away and manipulate....nothing has changed with the company.

I read that norwegian forums, and today it was posted that Mr Binnion bought 10,000 shares @ 3.46 on the open market.......so if you listened to the forest webcast I posted and tlm spending and many analyst saying buy or hold....this thing would be near the highs if it wasn't being held down....don't get me wrong, I expected it to come down somewhat from profit taking and shorting, but not this much.....anywho, once the nonsense stops, it'll be up again.....I took this next piece of the norwegian forum and it is from Pareto Securities in Norway and this is what they have said....

"QEC is down 40% from the top at NOK 30.5 on June 2nd
This has been a period without any fundamental news flow on the Quebec shale discovery
On the graph below, the QEC development is shown compared to Gastem, Junex and Altai who are other juniors with exposure to the discovery
All these shares have fallen in line with QEC, and as such it is a sector fall and not something specific for QEC
Our view on the stock is unchanged - the valuation risk/reward is extremely attractive
Based on the resource figures from Talisman/Forest Oil, we arrive at an unrisked value of around NOK 200 per share (roughly 50/50 on Utica and Lorraine)
Based on a 30% risk factor on Utica and 10% risk factor on Lorraine, we get a Target Price of NOK 40 per share
We believe both the unrisked estimate figure of NOK 200 per share and the risk factors of 30% and 10% are conservative as 1) according to Questerre, Talisman/Forest have used conservative figures on resource potential guidance compared to data collected from historical wells 2) The historical wells in the area show a relatively uniform and uncomplicated shale section between Logans line and the Yamaska fault, where the majority of QEC's acreage lies --> this means there is a high probability the shales can be produced commercially on most of QEC's acreage, and that the risk factors will go up as more drilling results come in
The two factors in combination means we can most likely increase our Target Price a lot by the end of the year (when more drilling results are ready), probably towards NOK 80-100 per share and potentially up to NOK 150-200 per share
We expect the next news flow to be start of Forest Oil's first horizontal well in July, and results on this well in August. Thereafter Talisman starts their first well in September, with results in October
Before the end of the year, the two companies will probably have drilled some 4-5 wells, and another ~15 wells before the end of 2009, all on acreage where Questerre participates. Talisman's and Forest Oil's strong commitment to the discovery (together investing ~$200m over next 18 months) indicates that these companies think there is a high chance this will be proved up as a huge discovery
Conclusion: continue to BUY shares! The share price is hard to predict in the short term as long as we are in a period without newsflow for some weeks now, but the valuation is extremely attractive, and we think this will be gradually firmed up through the next 18 months' drilling program"

Rocco