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Message: Re: What's Up Today?

Oct 07, 2008 06:28AM
1
Oct 07, 2008 10:47AM

Exactly...the one plus to this, is that buyers I believe from here on in are selling into stronger and stronger retail investors and of course institutional investors, who see the big piture. I am sure many have sold because of the markets, and nothing to do with the company just based on fear.

Garey Aitken was just on BNN, and he said the best value right now is in the energy sector, ranging all the way from small caps to large caps. So that's good to hear people are looking to the small guys as well. I wouldn't doubt if some ppl didn't know how much money QEC has in the bank. A lot of small caps get sold off a lot because the lack of funds, and we're probably one of the few smaller companies with a huge amount of cash in place.

Jamie Carrasco (Bullish on commodities) on BNN right now said to get us out of this financial crisis, said the US will have to print a lot of money, and it's going to cause inflation and the US dollar will depriciate heavily while commodities will rise back up again. Also stated that no one is talking about peak oil, but it seems to be here. Oil demand is still increasing, yet we can only produce so much and finding reserves new reserves is harder and harder...which will be pushing oil higher. The economy of China is still growing at 8-9% and the world still needs oil and commodities.

So lots to think about!

Rocco

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JQ
Oct 07, 2008 11:08AM

Oct 07, 2008 11:38AM

JQ
Oct 07, 2008 11:49AM

Oct 07, 2008 11:56AM

JQ
Oct 07, 2008 12:03PM

Oct 07, 2008 12:23PM

Oct 07, 2008 12:56PM

JQ
Oct 07, 2008 01:34PM

Oct 07, 2008 01:38PM

JQ
Oct 07, 2008 01:44PM

JQ
Oct 07, 2008 01:49PM

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P22
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