Diversified Oil and Gas Holdings (DVFI)

[treeman54]

ribucan:
I to have my doubts if this ship can be righted. I to wonder why it takes to long to get things done. But this I know, Ed and Stephen walked into an office that Lancaster and Co. had abandoned, without notifying any of us. In order to get back into the pinks, the books need to be in order, and considering the mess they were in, I can appreciate it will take months to get them in shape. Now, since they are moving on, we are back waiting for who will take the reins again, and what direction they want to go.
So where does that leave us - there are 2 directions as I see it. Sell, and write off the loss at the end of the year, move on, chalk it off to a bad learning experience. The second is wait it out, hope that there is a good reason for the silence and delay (say an attorney not letting PR's get out for whatever reason). As for me, I have been involved with this thing since '04, so waiting another few months doesn't really bother me. Do I wish I had never bought it, or sold it when I could have - you bet. But I got myself into this thing, so I will have to make the decision regarding the above choices of when to get out.