RE:decent people heremike49 wrote: don't get sucked in by a small price move unless you're looking to get out.
average down if you want to but i think you will get your chance at a lower price.
counter-intuitive i guess.
the folks at toro are known for unconventionable moves but none that are broadcast.the #s coming out will not be good and we all know that.share price support to me is the work of the market maker or the nephew with a gold card-either way stable but nothing except retail faith to maintain the status quo.
toro has been buying land-that tells me that they are not interested in a buy-out.they produce at a loss so that tells me that the royalty boys in cow-town have a plan and rape isn't in the vocabulary.
stay safe folks understand the patch for what it is.
where is it you see that they have been buying land? i like the sounds of that. but would like ot know exactly what they are adding to their list of assets.
i dont think anyone doubts we will see 50ish dollar oil this year so if the financials are ugly and lower the SP more here ill be jumping into a large position here.