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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (43934)8/14/2011 5:34:12 PM
From: Paul Senior   of 78748
 
I chose EOG over UPL because of EOG's oil shale holdings and development.

I don't have enough confidence or knowledge of either of these two to say if either is a buy now, or to just wait.

My position in EOG is very small and accumulated at higher prices than currently. If EOG does fall back a bit more I expect I will add a few more shares. The decision for me is not totally grounded in valuation metrics. It is somewhat of a speculation and related to how long I expect to hold the stock --like several years, and my ability to endure losses with it (and other oil stocks held) until the company's prospects and stock improve, if they do.

Risky to hold either now, I am guessing.
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