range resources presentation this evening, page-22

Amen to that. The way to play Range is to get in while everyone is selling, wait for the next surge when investors get over optimistic that he'll actually deliver, and offload on the hype wave.

While I never stay 'in' any stock during what I consider 'high-risk' periods (i.e. waiting for drill results on wildcat wells), I'd say that applies tenfold with Range, as PL's only solution to bad results is to dilute current investors to oblivion.