RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:orlandofl..I guess you didnt read my postNo, I have never, ever shorted any company. I do watch LTS, and was considering buying ever since the downturn this last fall, so I do follow. Never got my toes wet, and in fact have not bought any oil company, but do have a good size holding in BNK Petroleum over 200k shares. That being said, a higher oil price does not necessarily will dictate a higher share price. Go back in time like I mentioned 98/99, 00/01, there were some good oil companies that were trading for peanuts. The oil price did go up significantly around 2004ish, but it took a few years for share prices in companies to follows suit. I think you are wrong in assuming LTS will be back at considerably higher prices with 80 dollar oil. There is risk, investor enthusiasm that will perhaps keep it a lot lower than the past and a period of time. For the record I owned a stock Centurion Energy during 98-01 and it traded at .70, in 2005 it was trading at 12 dollars. The production did not change significantly, but the investment landscaped changed very bullish to oil companies. Hence, why did it climb and stay there, it was the investment climate changed. The gold sector is similar at this time. It has been in a down cycle since 2011, and a continuance of a bottom. It takes time for people to return to a sector that has been demolished. Another prime example, in Canada Beef Cattle 2004, an old beef cow > 3 years would get you about 100 dollars in the auction mart. Today, that same cow could be worth 2000-3000 dollars. Not a misprint. Check out your average steak in the grocery story and compare to the past. It took about 10 years for the cycle in beef to go to the stratosphere. Lots of factors involved, but oil in some ways is vey similar.