Could QOIL be the next Sub Penny Monster?
BullRally.com <info@bullrally.com>
date: Mon, Sep 6, 2010 at 4:52 PM
Sub Penny Alert: QOIL.
Immediately put QOIL on your watch lists.
QOIL has showed very unusual activity the last 3 days and I believe the weak hands have been shaken out of the stock. This one may be the next one to rally!
The summer driving season is near over. This means fuel prices are expected to come down.
Investing in oil stocks before the price of oil creeps back up is considered a very good investment.
CNBC's CME Group floor reporter Rick Santelli commented, "You know, we’ve been to $150 before and I don't see why it couldn’t happen again."
Oil prices have tanked to below $50 and have come back up. As the global economy strengthens the price of oil could move further north swiftly.
QOIL is an independent oil and gas exploration company that seeks to acquire and develop economically attractive and geologically sound properties.
QOIL effectively manages risk by being focused on the acquisition of properties that are currently in production, and on the development of new drilling opportunities.
QOIL's development strategy includes the implementation of state of the art technologies that are deployed to enhance and rework existing, highly predictable wells, within proven oil and gas plays.
By focusing on domestic, mature oil fields and proven gas reserves, QOIL can reduce exploration risks and better manage logistical uncertainties.
Major oil companies and the large independents have focused their attention and resources on the exploration and production of large fields, while divesting of their mature prospects that generate smaller output.
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