Thanks for the input. Company has the upper hand somewhat right now and pps will move. I am in long but would like to move to a large position of free shares. I know at some point the company will run out of pr's that will move pps. At that point MM will get back in control. Right now if it turns out they can start producing 300 bpd that's a great pr and price moves but eventually news like that becomes status quo or worse. So I would like to be able to ride out the longer, tougher haul on a pile of shares that I paid little or nothing for. But that is the trick being able to get out high and back in low. So far my first attempt left me at the station with a small profit but never enough of a dip to average down I ended up averaging up on a larger block. We will see what happens this week. Hopefully while I am out of the office the price will only move up and when I get back I can make some decent trades.
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