Is Pacific Radiance a good stock for long-term investment?

I bought 20 lots of Pacific Radiance on it's 1st day.

Do you guys think should cut loss or should hold for few more weeks/months and it will rise to $1 and above? I can hold for long-term if this stock has good potential.

Is Pacific Radiance a good stock for mid to long-term investment? This stock is related to the Oil and Gas sector.

Pacific Radiance's share price is currently extremely near to it's IPO price and I noticed the other 2 recent Oil and Gas related IPOs- REX and KrisEnergy are both currently trading way above their IPO prices

What is your buying price? I am also interested in this stock but not sure of when is the right price to go in.