you asked the question of who would be dumping or if shorts are covering,IMHO its a bit of both,I would say the tone of some posts is common amongst antsy investors as a whole thinking short term and not loooking to longterm production ie 50000/bbl along with an escallating Oil price.One can argue as to the pros and cons of dilution financing but at the end of the day Connacher will be producing near 50000bbl @ prices for WTI Oil of $200 or so,and those are the numbers an investor must use for longterm,present peaks and valleys are hard to accept but they are short term????