explosive upside, page-5

tap- profit take time? Seems that several directors have sold some stakes in TAP... the stock is due for a pull back in the short term.

1) Portfolio partners are reducing their stakes on any sharp rises in the short term- they continuing sold down over the last month.

2) Barclays seems to haev bought at the "perfect" time and date of about May 6th (when the stock was about $1.8)... funny how some instos always manage to get in at bottom prices.

3) It has had a good run in very short term from 1.8..to 2.08 now... prudence demands some profit take..

4) Major drill results not due till about Ocy/05

5)Oil price bounced back up from $45A to about $55A now, it is cyclic will may pull back to below $50A short term.

Prudence means more downward pressure on TAP in short term. May be wise to take some profits and enter at lower prices.