Wild trading today?!?!Thin market on both sides of the market , tested by a market sell order resulted in bizarre down move of $12 ( 20 plus %) and subsequent $8 and a bit recovery by the close.
Clearly, the seller wasn't cognizant of the depth of the bid side of the market, or he/she might have been forced to sell by margin call or some related issue.
In any case, it just shows how anyone investing in BQE , must have a longer term outlook ( which I think completely reasonable and justified by past performance) and must be prepatred to live with the company's clearly stated opinion that earnings, while on a long term strong upward bias, will be "lumpy" due to the seasonal nature of BQE's business.
In any case the sale today, apparently because it was so sloppily executed, did/does provide a pretty clear opportunity to purchase some fairly attractively priced share in a market leader....just don't expect to be able to unload those shares in bulk at a whim!