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Oilsands Quest: Looking to Break Out (Jim Cramer Edition)

 Jun 23, 2008 01:48 PM UTC
Return Risk
-21.82% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
BQI Positive 06/23/08 -82.09% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

As I wrote on June 3rd, Oilsands Quest (BQI) has now broken out. I'm not an extreme technician and not looking for any kudos, but I am happy for the recognition this powerhouse has finally achieved.

You see, the world clearly needs oil and the companies that are doing their part to solve the problem should be richly rewarded for their efforts. Oil is not water and when it is burned it is gone forever. That's a fact any smart investor can take as truth. What can't be taken as truth until confirmed are terms like speculation and Peak Oil. Plain and simple, oil burns, it's finite, and get used to it!


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