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Gold/Mining/Energy : USEG - U S Energy Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (54)12/15/2009 11:18:03 AM
From: Texas77  Respond to of 98
 
I'm about out of powder but I ordered a few more shares and have another $ transfer coming that I will add some more. We always have the normal risk associated with an O&G play but I think the fundamentals are outstanding on USEG so I like the risk / reward scenario. We should see an S&P upgrade after this secondary is complete and then we should start getting some analyst coverage. Share price should remain reasonable until next Q numbers but at some point pretty soon we should get some recognition and share price appreciation. I'm overweight but comfortable with the risk.



To: Paul Senior who wrote (54)12/18/2009 10:01:53 AM
From: Texas77  Respond to of 98
 
Added 1500 shares yesterday - on the bid again today. The new placement shares should keep us down a bit longer but when they are finished I think we move and move quickly. I expect positive news from the company soon. Not sure why but my gut says something good to be announced soon.



To: Paul Senior who wrote (54)12/18/2009 2:24:16 PM
From: Texas77  Read Replies (1) | Respond to of 98
 
I added again today at $5.5. Couldn't resist it - but I am really overweight now. I will try to put on my patient hat now and just check on it from time to time.