awright, I'm sorry but I have to disagree with you there. Oil...

awright, I'm sorry but I have to disagree with you there. Oil explorers don't go have smooth steady rises. They spike and that's why they are such a risk, more so than other mining companies. As events unfold, with any luck you'll see a spike followed by a retrace to higher support levels.IF they become a producer and start actually making a profit then you'll see your gradual rise.

At the moment people will buy on rumour and sell on fact or buy on fact and take profits when the price has risen enough. Most know it's too risky to hold a company like this long term and there are better opportunities to do the same elsewhere.

I've mentioned this before but just have a look at the graph of BUY since they first floated. Look at any other oil explorer for that reason.