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Friday, April 24, 2009 11:30:51 PM
I sold about 20% of my holdings. Not a big deal.
There were multiple catalysts...
1.) Dead silent management... again... still.
2.) Mark G's source not coming through... again (not a shot at Mark)
3.) oilypants giving up and still saying we won't like it as he heads out the door. There's no reason not to be honest on your way out.
4.) My absolute conviction that a deal before drilling is a monster red flag. It is a vote of non-confidence by management toward what might be there.
5.) Greener pastures... it may end up poison grass, but I have to graze.
No more PM's, please!
I think soon means soon this time!
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