Stratex Oil & Gas Holdings Inc (STTX)

[Drill Baby]

Yeah, I feel your pain. I also just have a small position. I mainly bought just to follow some small O&G companies.

It's unfortunate many aren't aware of the risks of owning these OTC small stocks. The odds aren't great even with $100 plus oil price. The pink sheets reporting requirements are much lower than on the Nasdaq. As stated many times, think of it as a lottery ticket - don't be shocked when you don't win - this is Vegas money.

I think there are some really good O&G investments available now like WRES, EOG, Continental Resources, Carizzo, ... If your going to speculate on these high risk companies you better have at least 20 in hopes one or two payoff big.

I have absolutely no idea what is going on with STTX right now. Hopefully they can make it through these low prices.

Just my 2 cents.