Anybody else buried in some O&G stocks?

Yep, HK just filed ch 11 too

In at 22.44 on DVN.

In at 57.62 on HP. Even

In at 3.01 on SDRL. Meh

In at 8.73 on RIG. Meh

I don't follow that one. But do you believe that it'll recover within whatever your investment horizon is? If yes, hold it. If not, sell it. If it's restructuring or the fundamentals are turning, maybe buy more. But far too many people say things like, "you don't lose money until you sell", and stay inside burning houses until there's nothing but ashes left. The only stocks that I've ever been trapped in are restricted shares that I had to hold for a specified period of time. Anything else (whether I'm up or down), I'll sell once I determine that my fundamental analysis was wrong or things have changed for the worse.

Got in XOM at 86 and 84
Got in BP at 42, 36, and 32

Plan to hold for 15-20 years

Oh bought another small amount of XOM I think around 79

Eta: Can't remember small position on XOM, may have been low 70s.

Believe me, I'm not rubbing salt in the wound. But what kept you from bailing? Another poster on here talked about being down 60%+ on a position and said that he was going to go down with the ship (or something like that) if he had to. All I could think was, "why, dude... why???"

Was it just too difficult to admit that what you saw happening was really happening, or was it this thing that people here and other places often say: "I just gotta get even again"? Or was it with a company that you used to work for and you had some sort of emotional connection?

I'm just curious - not judging.

bought vnr at $24 a share years ago and rode it up to $32 and unfortunately didnt sell.... currently sitting at $1.40

bought arp a few months back at $2.50, currently at $0.25... no point in selling either