You can it's tax loss driving it down because yesterday and today I saw some big blocks dumped by TD...people don't care about a few pennies, just looking to take the loss...and frankly with such a good market year for most, selling off QEC for them probably makes sense. The last day is the 24th, but I would imagine it's coming close to an end now...as most who have sold for that reason would have done it already.
Some big firms were buying big today...nice to put in those bids and pick some up at these levels.
I was really excited at the Forest Oil news. Having them deploy a one rig in Quebec that will probably be there all year will be huge. I am guessing that we will be seeing a few wells hopefully.
Before Forest really never paid too much attention here, but this new company is strictly to run operations here and do there own business...and Alberta and Quebec is where they have their big plans. Makes sense for them to start 2nd quarter as by then we will see the legislation in place.
Anybody doing any Christmas shopping on some cheap shares? lol
Take it easy folks!
Rocco