I have been posting this on other boards. For me, I would prefer to do my fundamental analysis and be a buy and hold type investor. It is not working currently. So I am trying to come up with other ideas. It seems to me that there may be a pattern in short attacks that is easy to make large safe trades from. Here is what I have been posting on June 8: =========== Rather 2nd rate short attack on ERN There was a hit piece published on Africa mostly offshore (except Kenya) African E&P Erin energy last week. First last week share price was pushed from around 7.70 (my starter position entry)nto 8.70, then the hit piece was posted to SA Pro then Friday is was published on SA. This morning share price fell to 5.50 and held on a lawsuit investigation PR. I made a safe 50 cents per share on 6.00 to 6.50 close (my timing was off, I should have waited and entered at 5.80). I think tomorrow will be down on more lawsuit PRs. Just as with ANFI, I think share price will rebound to new highs as the first 7k boe/d of crude production is tied in soon then as the next 7k well is tied in ove the summer. I think I will be able to buy cheaper tomorrow when more lawsuit PRs come out. The short attack comes from a hedge fund that is way down for the year. It is second rate because basic message is that ERN management are not nice people. Obviously, they will not be invited to sing in the church choir, but they are succeeding in Africa with different rules. Northern offshore (JF) is probably not too happy they canceled its drill ship contract. I think JF would do the same thing. ERN has good off shore Nigeria leases and options to deliver 40k boe/d on an FPSO. Here is the URL to the SA hit piece: http://seekingalpha.com/article/3235116-erin-energy-questionable-characters-at-a-stratospheric-valuat ion All the accusations are weak. Two quick examples are that the poster forgot to mention that the former Chairman of RDS is on its board and valuation comparisons are all to companies with dry holes and declining not growing production.