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Another reason you should be worried about small and medium sized conventional natural gas companies.

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  • Shall I sell itx.to?
    • Some times you have to ask yourself why you got into a stock in the first place. For swing trade, the trade might be over by now.
      For investment, good luck ! This is a highly speculative stock and the company has a lot of debts and they will have to issue new shares to mend their balance sheet.
      It could go up over $1.5 or go back down to $0.88. The consensus is buy the large and best natural gas stocks while on the oil side, buy the junior ones.
    • though I should not advise on the individual stock on the short term action; due to its' da** hard; but still, I would hold it for a few days and should get out with a high price; YMYD, see inside detail
      personal 2 cents;

      depend on how much you bought and how many shares you have;
      don't tell me you have 10K in market and all of them are itx.to now;

      if you bought it ~1.30 , you should have a chance out in next few days without losing anything;
      if you bouth it ~1.50, go bless you, a little bit hard; but long term wise (in next year or so), 1.50$ is nothing; (meaning will way high than this in future)

      it may go down to around 1 to 1.05 and then should rebounse sharply;

      anyway, I would not go if I didn't put all my money on this single one;
      but above LZ is right; don't put all your fund in this kind of small company if you want to sleep well; if you like gas , either gas.to or UNG should all quite stable and long term very good;
      UNG back above 16 $ if highly possible in next 9 months or so;

      just my 2 cnets, YMYD;
      • I mean at least for now I would not sell it; it's just too late short term to sell it now; when everybody already scared out; the rebound is right around the cornor; but, YMYD;
        what I would do;
        first, watching the index and Crude Oil how it goes; if they rebounce, then you should have a chance sell this one at higer price;

        second, very hard to do; if I have 1000 share of it and tomorrow it go down to below 1$ , I will buy another 1000 share to WD my holding; sounds crazy, but crazy thing usually is the only thing right in stock market;

        then, hold it when it up to ~1.2 then, empty all;

        but, different people has differnt operate strategy and guts, even lost torlance is different;
        don't want to mislead you, do whatever you feel right to yourself;

        YMYD ;
    • Another reason you should be worried about small and medium sized conventional natural gas companies.