Bullish cross signals change in trend

Good evening gentlemen. The action in the oil field, which I saw first hand with my trip out to Tuscola, is finally being reflected in the stock price, albeit faintly.

This is the first time we have had the 20 day moving average above the 50 day moving average, and price trading above averages since July of last year. The trend going into last month was clearly down, then there was a period of bottom formation, and now we have the first indication of a change in trend.

This simply tells us that people are starting to get bullish again due to the stuff that's happening out in the field. This doesn't mean that it's off to the races though as we all know that the bears will fight tooth and nail, so I anticipate other dirty tricks meant to hold the stock down. This BS BK filing having been only the latest example. Nonetheless, having seen the lease for myself, I'm confident that we will prevail.

Once again, I want to thank Bull and his wife for the tremendous job they are doing to keep us informed and keeping our workers honest. I'm heading back up there at the end of the month and I highly suggest the rest of you do the same as well, sooner rather than later.