I totally agree. Just because someone takes profits doesn't mean they are not a long. I held a year and a half for the news in September. I took profits, although not at .26, and I bought back between .14 and .15 initially. I've been holding ever since and will continue to hold. A lot of people didn't sell all the way from .26 to .06. Me and you are in the same position that they are in now except we have slightly more profits. It doesn't mean we aren't long, it means we took advantage of opportunity. Now, this time is a little different because the pump and the shorts aren't present. But regardless, I had to sell some to fund my schooling and bills through the summer whether I sell at .141 today or .10 or .26 in the future I had to have the cash to pay for school now.
That's just me venting a little, no person other than me is going to dictate my plan but I felt a need to explain and justify. Heck, I might even end up with more shares now because I won't need to trade oil and can park that money in KBLB indefinitely, but I wasn't about to buy at the highs today. As much as I believe the stock is headed much higher the market has a tendency to screw over retail investors and I don't do the buy at the high stuff because someone with a whole lot more money and other intentions is usually on the other side of the trade.