wjk, you are absolutely correct in the amount of shares bought . You that do not know how to trade, check out NASDAQ filings. IT does not really matter that it is the smaller number because he is still accumulating all the way to his 20% max agreement
Great rebuttal. Simply brilliant. Your parents would be proud of the exrement they created with such intellect. Typical of folks like yourself who infest Y! - when you can no longer dispute the facts, start the name calling.
It's 1.3MM shares. He triple reports for a legal reason I don't know but that's immaterial.
Fact that dividend was announced, Ross bought 1.3MM shares and nat gas moving up is bullish. Period.
This coming Thursday morning or the next (EIA #) gas will capitulate higher.
Heat waves, hurricanes and humidity driving power usage. Scorching now and June 30th area another one.
The 100 year warm winter created a great short opportunity but it's over.
No matter. The most important fact we ALL agree on - longs and shorts alike - is that Wilbur Ross continues to increase his already huge position in XCO. The longs could have no better news, the shorts no worse news.
It's very amusing to find that the shorts are helping to bring it to everyone's attention as a result of these threads.
Let me apologize to wjk (and all his other guises) in advance for the upcoming losses as XCO and nat gas move progressively higher.
No, I have no reason to apologize, because I am right. You, vig, ram, and every last person here who is claiming 3.9M shares purchased is wrong.
This is a very good thing in my mind, because it shows without question how very uninformed most "investors" are. How many people do we have here now claiming 3.9M shares were purchased? And only two (myself and I believe one other) who correctly understand it was only 1.3M shares.
If anything, you should likewise be apologizing to me. Get in line.