Recently left my long positions in CLL and started day trading this stock, with some good success in the past 2 weeks due to the high volatility.

I think the recent head fake is a good indication of just how fast this baby can and will take off once fundamentals improve, ergo, I'm gonna continue daytrading this baby, but, will start throwing money back into some long positions. China is starting to take off, and I think all that cash sitting on the sidelines is going to come pouring back in.

I think there are alot of skeptics here, and rightly so, there is lots of debt and lots of uncertainties, however, I feel the need to remind people of the basics...

1. Oil producing assets in place. Not on some engineers desk in Calgary, but actual physical assets.

2. Refining and NG hedges. I know we are all dissapointed with the refinery, but need I remind everyone here that it was too long ago that everyone thought DG was a genius for buying it.

3. Most importantly: Primo A-One PROVEN Reserves. That oil in the ground has value, lets not forget.

4. Takeover potential: Ok, so I know some longs are cost-averaged at over 2 bucks, but, at $1.12 today, you can't go wrong, buyout would be at least 50% premium...even a speculative buyout (see UTS).

Make of this as you wish...