No matter what news, mostly negative or non-event, that comes out Third is there to defend and explain away. He likes to say "not surprising" or "not unexpected.". He loves to mention manipulation and those nefarious "shorts.". When questioned or called a sunshine pumper he posts his standard response, "post you short position buy puts etc." even though shorts can do due diligence and have their own thesis, ie. company does not have the capital to drill and find oil. Talks about rising "tute" ownership. Three of the top six holders are index providers. Meaning they do not own and buy because they believe oil will be found. They buy and own because an index includes HDY in their index. As a result any index mutual fund or index ETF provider, such as Blackrock, State Street, or Vanguard, has to own the stock in order to track the index.
Third, I admire your bullishness and willingness to commit capital to this stock. However, step away for a moment and realize why,to some, you are in fact a sunshine pumper.
[This message has been edited by gindaloon (edited 2/15/2012 7:51p).]