Speculative Play - Royale Energy

If you see a stock jumped 70% in a day would you still buy it?  If your answer is no, you've just missed the chance to earn 84% in four days.  And this is not a penny stock we are talking about.  The San Diego based Royale Energy (Nasdaq:ROYL), currently traded at $6.64 per share, was just traded at $2 per share 5 trading session ago.  The announcement that one of its natural gas well received regulatory approval for production drew speculative buyers and started an amazing five day ride that tripled the stock's market cap.  At this point it's still  hard to say when the ride will end.  The previous high was $12.31 back in June 2008 and was also an amazing 338% in two months.