I don't know about the shortsighted comment, but we all have our investment criteria that guide our decisions. Could the stock continue to go up? Absolutely, but I don't see a whole lot of drivers other than oil price appreciation. The events in Korea and elsewhere have me a bit nervous about the overall market. This stock is trading at a PE of 25 -30 based on the last 2 qtrs results without any non-recurring events. I like the company and think that they are on the right track, but I viewed today's run up as an opportunity to take some money off the table. I wouldn't hesitate to jump back in on a pullback to $5 should that occur.
Sold my last 5k shares today @ $6.20. Don't know what's driving it up today. It's been a great ride over the past 12 months. Hope it continues to go up for all the longs. If not, I may jump back in on a pullback. GLTA