RE:I told you.......Slacker,
I might think of selling (which I'm not), but I would never short a oil producer with a 2.6 x Price to Cash Flow. This stock is near the bottom unless oil goes south in a bigger way.
We each make our decisons and you are playing with fire shorting LEG at these levels. I bet you were even surprised at the strength today and you would not of expected the SP to break through 6 so easy. Yes, it pulled back to 6, but it did not hit the wall you thought it would at 6 (I recall you talking about the great wall at 6).
You can sense strong buying below $6 as this is cheap. Nutty was lightly buying after his BNN presence this past week. Oh yeah, short term trader and selling at $6.05 today. He's gone again and hopefully for good.