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Thursday, 04/21/2011 2:32:04 PM

Thursday, April 21, 2011 2:32:04 PM

Post# of 157003
I'm surprised to see longer-term shareholders announce they're liquidating at this point in time. They've been afforded many other, better, opportunities to sell-out...and almost assuredly will again.

It's hilarious...the Company announces a prospective merger with some measure of potential, new executive management may be afoot, the CEO and IR acknowledge their challenges, reaffirm the long-term aspirations, clarify some outstanding issues, and, among pink sheet stocks, are seemingly reasonably transparent with a reasonably loyal shareholder base...but because this board is now dominated by naysayers and/or because a number of folks, myself included, may have suggested that it's 'wait and see' time, they go ahead and sell out.

It's a shame to recogniize what this board can be about, how easily influenced people are, and precisely why I've suggested it might be better to be less 'involved' here.

Wow...I'm not saying it'll be me doing a bunch of buying right here (or lower), but there's not much question in my mind that, in the end, the buyers here will have done much better than the sellers.

Happy Easter.

Oil.
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