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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (43136)	6/30/2011 4:29:04 PM
From: Paul Senior	Respond to of 78644

USEG shares sure have taken a beating in the past few weeks. I am holding on, awaiting any positive news that might stem the downtrend. Or give me reason to add yet more shares to my already full position. finance.yahoo.com

To: E_K_S who wrote (43136)	8/4/2011 1:21:24 PM
From: E_K_S	Read Replies (2) \| Respond to of 78644

Re: US Energy Corp. (USEG) With the market down over 307 point (2.6%) and Oil breaking down below $87.25/barrel (down 5%), I upped my losing position in US Energy Corp. (USEG) by 67%. Company owns acreage in both Bakken and Eagle Ford which have proven to produce good "oily" wells. I have plenty of other orders in for adds but have still not hits at my prices. They include SEP, MDU, WM, SVU, & GOV. ( finance.yahoo.com ) My strategy is to sell some MHRpC when I need additional cash reserves. I can still get a premium based on my original cost. This preferred has held it's price quite well over this 900 point decline in the DOW. Many of my Buys include those that have oil assets (especially as oil falls below $90/barrel) and/or generate good dividends and/or carry little LT debt compared to annual net income (a ratio of 4x or less). EKS