I am not short!!! At least that's what I keep telling my pro basketball playing wife... ( that's humor... ) In any case... at the current price elvel it's my assertion that the stock price is too low... that at its current price it is far too attractive for shorts to NOT work it like a 2 bit... ummm... lady of ill repute... a late rise only means an early dump tomorrow morning... such is the pattern for these guys...
The second shoe to fall... is going to be 4th qtr/year end... and forward guidance... IF you haven't factored reduced income, reduced reserves, reduced line of credit, reduced spending and less drilling activity (overall) then take a second look at your 2012 exit target... because belt tightening is going to be the theme for 2012...
any dispositions... would only serve as short term spikes... one might prefer to unload a piece of their action and put it to work... where value is being created in stead of being sold to cover mgmt's behind... I still think... PMT woud be doing a greater service to shareholders by selling its self whole instead of the slow peeling of it's own flesh...
as always it's just MY opinion... git yer own.