Lucero Energy Corp V.LOU

This stock

[mofwmofw]

Is becoming utterly useless. It has no divy and doesn't appreciate. What is it's purpose and why would u hold it when there are so many better opportunities out there. It's one thing to be patient, but there are limits. Can anybody post anything that is a positive with it. I would like any comments that are rational. I bought it a little higher and think it is soon going to be tax loss season . Anyway I wish you all the best.

[hsbc11]

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[tinkvid]

I don't think its becoming useless.....but it is not your day to day high flyer like others, i will agree with you there. reasons why I am holding and others' reasons for holding or selling( I personally have sold a bit higher but will retain a core position) are different. - Institutional interest in the shares is extremely high - First Reserve opted to give up their Quarterly Divy of

[mofwmofw]

Thankyou for that, very interesting GLTA

[Sunset48]

Excellent post tinkvit.     That's why I'm also holding.  Sometime we just get tired of a stock and the only way out is to sell and move on.  Look for greener pastures.  There are many fish in the pond so I say good luck if you decide to sell.  I've decided to hold and have actually added more.   I have patience which for now is not running

[GnuckyT]

Respectfully, a couple of things I would add. They cannot stay in limbo forever their loan facility has an end date. The upside with a deal may be limited.  What's a double or triple when one can get that including dividends potentially on other plays that own wells.

[tinkvid]

Thankfully I hold other investments that are paying healthy dividends so in holding Lucero Energy I can be patient unless something(neg quarterly results, insiders sell in the open market, support dries up or a collapse in oil prices.)tells me the company is going in the wrong direction but at this time, business looks positive....IMO. Harvest Energy Trust - sold to Korean National Company Artek