Holding is a great idea with this one, unless you are hoping to "get rich quick" which very rarely works. My take is to just let this money sit here and allow this to play out whenever that may be. Some get or got disgruntled and sold and are now bitter.
I haven't sold my entire position and have friends who bought and are holding. Their website doesn't even work and the only news we get is that 1/2% of the stock has been taken out of play. At the same time I'm sure our O/S count is going to be going up very soon from here with more YA conversions. One problem is they own very little oil and it's going to really take a lot to get NG moving again. In the meantime they have no money and the debt grows and we continue to get more questions than answers. I hope this thing does take off!
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