Replies to post #8460 on Xun Energy, Inc. (fka XNRG)

[trdwatch]

Only to say, Play your game Veronical. There are many factors that go into making a decision to hold or sell or add here now. A shell with first LOI termination is never good market sentiment.

There are a few I consider savvy and honest investors here for sure. I consider the DD they shared and opinion with my own, but always make my own choice without the emotion factor even though I know it plays a part. Xun started as a shell and that hasn't changed, as much as I was hoping it had its first investment on the table. We were close to that break out run.

With their past history and new status noted, They started here...

'They have identified an acquisition candidate. They will attempt to finance all operation themselves with additional debt or through equity financing'

They are back to square one now but still lack detail in this part from latest 8K...

After further review, Global elected to terminate the Letter of Intent and neither party will be under any contractual obligation to the other with respect to closing the transaction. However, the Company remains subject to certain provisions of the Letter of Intent following its termination including, but not limited to the binding conditions of the Letter of Intent until January 31, 2012.

Global elected to terminate but they're subject to certain provisions in the LOI for at least an un-named binding condition for the next year. (?) That could be a payment due to Xun by Global for terminating the deal. Could be something else. I am aware of protection clauses in contracts from the many contracts the Co. I worked for had in their contracts. So it's open ended in some way until 2012- is it real? A typo? I don't know but I'm not going to let someone tell me it's real or tell me it's not when the best they have is only an opinion.

I've read what everyone has said since the 8K now But play your investment for you and what's best for you V.

My reason/thoughts for play this week -- I took my 401k and another personal IRA, I had been putting $$ into since early 90's, out of the market in Feb. and Aug. of '07 respectively with 102% profit from each because I knew the market had to correct itself soon. Since I had so much money in my 401k my company let me keep it in even though I stopped working in summer of '99. My wife and I play less than 2% of our profits in online trading so I can afford to stay in XNRG and have $1K ready to go Monday if this goes low enough where I'm comfortable adding if there is more selling to come. With the .10's I just bought my average is about .13 now. I'm actually not sure what I'm going to do yet but will at least see what mid week brings and the low float is a part of my decision. This is mostly fun for me and the wife and I give most of what we have left after bills each month to our charities anyway.

One thing I can tell you for certain is that if we continue to play and/or invest with XNRG, the negative posters will be here at IHub. I used to argue with them but realize it's fruitless and can hurt a run more than help it.

I'm sure you know there are many good boards here with T/A & lessons on Market Sentiment -
Just a couple of my faves..

http://investorshub.advfn.com/boards/board.aspx?board_id=7882
http://investorshub.advfn.com/boards/board.aspx?board_id=8765

What ever you decide, be content with it no matter what happens and let your intentions be good ones. :-)

-Tw