Magellan Energy, Ltd. (MGLG)

[lookoverthere0]

I think the "longs" were committed at least through production number publication before this.

If anything the news yesterday, puts the shorts back into the buy and hold for a couple of days mode.

Which probably means that we'll have another steep run if production numbers hit today or Monday followed by another pullback... maybe midweek.

Damn, I'm ready for this to just blow the top off and go up to at least .01.