Agreed. I can understand taking profits, but .10 will be a low sell when/if contract news comes. This cleanup will continue on for possibly the next year or more which will mean future contracts in addition to the initial contract that would be signed with BP. With a contract if I was going short I would look around .20 if I just wanted to pull profits out. Long term over the next year you could see double or more before it's all said and done. The future looks very good, and if there's a curb on offshore drilling you're going to see companies looking toward oil sands and getting increased efficiency out of existing wells. ACT is a player in this also.
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