Ed & Archimedes: Good input. Ed, I read the MDR board sources for the CPE spar delay, and don't see them offering or knowing a timeline. I'm staying in; trading costs and the clock on LT cap gains for me outweigh the chance of buying back in cheaper (not much if you believe the NG story that is part of the buy decision to begin with).
I passed on PQUE a while back because of the descending triangle, but thanks to you guys' input I'm going to keep close watch and will put in a "washout" day GTC order at some support point. Dabum is of course correct about how to play the odds, but what's life without some gambling? Not that I think CPE or your other picks are much of a gamble, except as to timing (which is, admittedly, huge). Still long EPL, CPE, CRZO, CHK, MHR, recently ROYL, very long gold, and very short the general market. |