UZSometimes I trade discount place momentum . Tap has no...

UZ
Sometimes I trade discount place momentum . Tap has no triggers for probably 2-4 months . HZN was sold down due to a CR which was relatively small ( 13% of market cap ) . However it has executed a great transaction with OSAKA gas which means upside is in my view equal to TAP. HZN is likely to settle post CR and the focus will return to revenue and assets, thus I expect a rerate towards 36-38 to happen easily. ( a couple of weeks - already at 34.5) This will mean a 10-18% return or the equivalent to TAP at 58- 62 from where I sold
I am likely to sell HZN in the ST as it currently holds joint assets with ROC and CUE and thus there is asset concentration risk for me. My preferred oil stock is CUE at present as I think it has the most upside with the greatest downside protection but its now also my biggest holding and thus I am forcing myself not to buy