An extract from a read tonight..... Hmm its a free country and free speech...... I disagree!! Link at bottom for you!!
Here are some energy names I would consider selling. In many of these names, insiders are selling their shares repeatedly and in substantial amounts, which could be another sign of at least a short-term top. These oil and energy executives know these markets and valuations well, so if they are selling maybe you should also.
2. Samson Oil and Gas Corp. (SSN) hit a new 52-week high recently at $4.75. These shares have risen from a 52-week low of about 37 cents to nearly $5. The 50-day moving average is $3.27 and the 200-day moving average is $1.75. SSN has reported revenues of less than $6 million for the fiscal year ended June 30, 2010. Yahoo Finance puts the market cap for this company at $328 million, which is very high for a company with such low revenues. These shares are too speculative for me.