Buy

[jdeo1969]

Bought all I could this morning.  I have been sitting on a little dry powder for awhile waiting for some signs of strength and I believe we are there.  I like how the stock has reacted after the initial drop post CC.  The Bernstein report is most encouraging.  Trans, I am curious as to your opinion of the technicals at this point.

Good luck longs

Jdeo

[trans]

Bought all I could this morning.  I have been sitting on a little dry powder for awhile waiting for some signs of strength and I believe we are there.  I like how the stock has reacted after the initial drop post CC.  The Bernstein report is most encouraging.  Trans, I am curious as to your opinion of the technicals at this point.

Good luck longs

Jdeo

A little too close to opt exp rollover, the next couple of days can turn fully positive.  The first phase of a big rec, such as bernstein stays relatively flat as bernstein wants to work and position clients as cheap as possible. So, the action here is typical imo.  Also some further followthru to tthe upside will trigger more short term TA indicators, such as DMI which may be close, but not yet, slo stochastics triggered friday, and obv needs only 290k up vol or so.

Bottom line, Bernstein rec is just starting to be seen and felt, lots more to come.   Shorts will be increasingly frustrated to cover,  run into Sept looks in the cards to me. fwiw, ....   trans

[jdeo1969]

Thanks Trans.

[admin]

Well, so far so good, Jdeo, congrats. Of course drilling results will have something to say about this sooner rather than later..

[Palm]

Those 53s are tasting good.

[admin]

Those 53s are tasting good.

That was a particularly good vintage, Palm. And if anyone has earned it it's you. Congrats.

[jdeo1969]

I wanted to bite sooner but wanted the company to get through the cc ok. The Bernstein report is very positive and to me we have reached a turning point here. We will see some how and downs, but the things I have been clamoring for are starting to become evident to my eyes. I agreez drilling results will help, but there is more to pps appreciation here imo. The management team is now shaping up to be quite formidable in experience and I think that is something that has been a burden on institutional investing. I believe Hession recognized this when he took over and it is now coming to fruition. Nice buy at 53 palm.