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Re: TraderRich post# 20309

Tuesday, 09/21/2010 4:49:07 PM

Tuesday, September 21, 2010 4:49:07 PM

Post# of 80983
I agree, but I guess my point is, if we run to unbelievable heights, then more the better but we dont need to spend time dreaming of a "hole in one" when you are playing off a ladies tees. Our odds maybe better fro a short squeeze, but all the things need to align for it to happen.

If this stock is moving up $.50 a day, I probabaly hold till I see the sales volume start to over take the purchase volume. Then take a little money of the table as we move up. (at the average price over the past 10 years no one will be needing to sell much to cover their initial investment and a huge profit) You would be crazy to move out of your total holdings without testing the top.

I know, pig get fat and hogs get slaughtered. But smart money is in the long term play. So if the short squeeze happens, take some real money and enjoy the feast, but we should not under value the long play after the JV , after the drilling, if we don't see the short squeeze materialize.