Yesterdays drop and this AM's drop was not taking profits. it was panic selling and stop losses. Yesterday we traded all day long until the EOD about 20 cents higher than where we are right now. The good news is we should be thinner on the way back up to .60 plus above after this weeks churning. The drop yesterday was on tiny volume. Most are still holding tight for much higher prices. If all the other crap oil plays could run over $1.00 to multi dollars GLRI deserves to run well over $1.00 just ahead. With our low float we can do it with ease with the right group of traders going forward.
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