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

To: tcd who wrote (67)	1/14/2010 12:42:10 PM
From: Texas77	Read Replies (1) \| Respond to of 98

Incredibly low volume on USEG. After the secondary I had hoped the volume would increase. 10K report won't be until the second week of March. We should hit a lot of radars when that happens. I still expect an announcement from the company sometime soon. With the price of oil around $80 it is probably harder to strike the sort of deal they would like. With the secondary they should have about $2 per share in cash again and that's a nice position to be in this market. This stock is definitely one that requires patience but I think we will be well rewarded for those patience.