Q: I have held Surge Energy for a good while and I am currently down about 45% on it. It is about 2.5% of my portfolio. My only other energy holding is SDX which currently is about 3% of my portfolio. I am thinking about selling Surge and going into SDX as it has more momentum even though it has higher risk. Surge released their earnings to not much hooplah. I like the dividend with Surge and the oil price has been increasing as it seasonly does during this time of year usually. Will Surge get any momentum with this oil price or should I take advantage of a company that is going to get $12/Mscf in Morocco and over $3/Mscf in Egypt?
Regards,
Brendan
P.s. I now took my winnings from Ithaca and follow your Balanced Portfolio plus a few other stocks. Thanks for the website and I love the additions.
Regards,
Brendan
P.s. I now took my winnings from Ithaca and follow your Balanced Portfolio plus a few other stocks. Thanks for the website and I love the additions.