RE:Today is a perfect example............ SLACKER, the Q4 report is pretty much assured that it will be good so why wait for a pop and follow through before buying. Buy now and sell if there is no follow through from the pop.
Do not count on the decline coming from April to October. The Q1 report is looking like it will be extremely good given that costs are declining and the average oil price will be well in excess of $100 for Q1. Given their past record of drilling successes Q1 will only add to sureness of a good Q1 report. (assuming no flooding of course ! )