Proceed with caution!Lately we have seen increases in crude prices coinciding with massive inventory gains. This is a recipe for disaster as it suggests oil is becoming overvalued. Anybody who reads my posts know I think we have yet to see a bottom. Inventories are growing at record rates, yet we have seen a $5 increase in crude price in the past week. I am not a basher nor a pumper. I do my research and give an objective opinion. There are a lot of negative people here who hate to see others succeed following a different approach than their own. Crude prices, and subsequently, oil stocks cannot continue to increase in value while inventories are building at the current rate. We will see a pullback sooner rather than later to the mid 20's. I am not a negative, doom and gloom person. This is just the conclusion I came to as a result of countless hours of research. Iran is ready to ship a very large amount of oil and ramp up production which will result in even larger inventory builds. I am still playing the swings but I urge you all to tread lightly in this extremely volatile market. I want to see us all make money no matter the method we use. I am not ready to establish a long position yet. I believe we will see the bottom next quarter. I explained my logic on this in a previous post. When I do take a long position, BTE will be front and center. There is tremendous upside here. I don't think anybody can argue with that. I just don't believe it is time to step up to the plate and swing for the fences yet. The odds are you will strike out. I wish good luck to you all. Due your due diligence and never fall in love with a stock! Cheers!