Well, I own 6000 shares and haven't sold one of them. My electrical bill and gasoline bill is going much higher and I don't care. The distribution from COS and PWE (I own some of that, too) more than cover it almost 10x over. An investment in this name is asset-liability matching at its best. If fact, I can now put solar on my roof.
When you find a trend early and act appropriately you make money. "Peak Oil" is a trend. Don't ever trade a long-term trend.
Your message would have been more appropriate when people said they were selling some shares. No, I haven't sold any, but I cannot ascribe it to genius, just inertia. NO ONE knows the future price of oil or what further measures the Canadian governments might take to limit profits.
I sold 5K today at 44.90 out of a large position. Still room to the upside since the last price spike on COSWF.PK occurred on Nov 7 when crude closed at 97 but the CAD had spiked to an amazing 1.09+. BUt how could you not take some off today. Biggest one day spike in price since man discovered this stuff was flammable. Good luck with your position. Next stop for me is 50.