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Re: littlejohn post# 13171

Tuesday, 06/07/2005 1:51:03 AM

Tuesday, June 07, 2005 1:51:03 AM

Post# of 173800
ROYL...Royale Energy, I had initially been a buyer at $7 and saw this drift all the way to $4.55 recently. As I saw price stabilization at $5 recently I "doubled up" on my position.

Sold 1/2 of my shares yesterday near yesterdays highs ($7.42).....if we see any continued strengh in price later today/tommorow(we should its bid higher after hours) I will sell my remaining 1/2 into it.

I think there is time to buy again after the current "news runup" has run it's course and burned out. We should be able to re-enter at much better prices.

JMHO.....


Rogue




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