Daybreak Oil and Gas Inc (DBRM)

[alsobirdman]

I wouldn't be so quick to unload, Woody. One thing I've learned over the years is that Jim W will not do anything to screw long-term shareholders, and he has a remarkable knack for keeping this thing going. He knows what he has in CA, and he wants to see it through. I don't know how he does it, but he keeps finding some way to keep this company afloat, and I still believe it will pay off. I think the next big catalyst will be when he announces a financing deal to drill a couple wells. I expected a pull-back, but not quite as far as we saw Friday. I think it will probably languish in this range until news of drilling.