Agreed. I bailed few days before announcement for a small...

Agreed. I bailed few days before announcement for a small profit. Had run too fast on news that those who had researched the company knew was not going to be a huge find. When the daytraders arrive I generally do leave. Tried to explain to people in an earlier post what oil farming was but it got lost in all the excitement.

Also to those posters complaining about being mislead by one announcement. If that was the only announcement you read then you may be better off in a casino.

A liittle bit of research goes a long way. Also the drilling rigs are truck mounted and not the usual rigs everyone normally associates with onshore drilling. Hence that's why even a little oil could overwhelm the rig.