RE: great point made I must admit that I had a sell order ready for the shares I bought the other day for $2.68 after I sold C&J Energy Services last week. I kept refreshing the sell order after the bell wrung and in no time flat the stock was down 40 cents so I said no thanks and as kept refreshing the order, in a matter of minutes the share price was all the way back up again so I came to the conclusion that the buyers were overwhelming the sellers which was a very good sign. In retrospect, I wish I had have waited to buy more today and had a buy order on queue I would have certainly got filled at about 30 cents less......the price of impatience.
I believe they stand a great chance this year to exit very near 20,000 bbls per day if they have sequential quarterly percentages of 4% as they did Quarter to date over Q4. I think there is a good chance that 2014 average production will also be 20,000.....just imagine the cash flow......likely around $320 million.