plums - thanks for your comments. If they were buying this morning, they were buying from me. While I believe that this stock has the potential to go much higher, I am still recovering from 2008 and a 75% drawdown in the PF. So I sold just a small portion of my position today (bought at around .47) to recover about 80% of my initial investment. Now I can ride with the rest and have the psychological comfort of knowing I am playing with "house money" for the most part. Plus my "supervisor" kept telling me to "buy more buy more buy more" which made me pretty sure I should scrape a bit of profit off the table. I may regret it, I am willing to live with that.
Yes, I agree with you on the potential for drill results vs. technicals. It's one of the reasons that I posted the ARU chart a while ago, to remind people that in certain situations, you just have to throw the TA rules out the window because if you follow them you will either never buy the stock or will sell way too early. That chart had three sizable gaps on it that never got filled. Anyone who had buy orders in those gaps would have seen them expire unexecuted.
Have you heard anything about Carlin? I heard that they are still drilling after completing the two holes that they had planned to drill there but have not called the company to confirm. I am not counting on lightning striking twice but if it does...oh baby!
tsl