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When PQUE was at low $3s, I e-mailed him some letter and asked about PQUE and he didn't respond. I'm very surprised and wonder at him recommendation at this point. I guess he means to sell at this point if you know him.
Toby also recommended IIP to buy below $1.50. 2 days later, IIP insiders sold plenty of shares at $1.50 and push the stock to $1.
Boo Hoo - Toby didn't reply to your email. He's been recommending this for a while with a "Buy Under $3" so stop moaning.