Hello Daniel8, like you and others I am losing about 60% in STU. I don't mind the earlier loss when the recent well came in negative. It's what oil drilling is all about. win some, lose some.
What I don't understand is why the price has fallen so much since then, is it purely a reflection of falling oil prices and market sentiment or is there something more sinister?
Managment seems OK and it seem a fairly solid stock, so any comments will be much appreciated.
STU Price at posting:
46.0¢ Sentiment: None Disclosure: Held
