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EXCO Resources Inc. Message Board

  • artsbest artsbest May 8, 2014 4:19 PM Flag

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    NG plays. ALL DOWN big-time today.

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    • Yesterday was my worst day of the year in terms of what I own...My oil and NG stocks got clobbered. And today is also very ugly again.....Even though the market is basically tame, it depends upon what sector(s) you are betting on...And so it goes...The reverse is also true, I did extremely well on days when the market was bad. So now I am giving back a fair chunk ( of course its on paper until one presses the sell button)......But all this gives me opportunities to slowly accumulate . I know its crazy but I am already looking out towards next winter as the smart money parks itself way in advance.. Specifically in terms of XCO ( objectively the last two CC were a decent improvement and so obviously I did not expect the stock to be here)...I thought by now we would be north of 7 ....But I am humble, and even though I have been at this a long time I continue to learn and recognize I am of course not always right......No intention of selling one share of XCO for a long time...I will just continue to wait this one out as painful as it has been . D

    • I fully reloaded XCO to my original position and added to my UPL and SD positions. Time will tell but I think I have 3 winners here.

      • 1 Reply to neiljneil
      • You have three winners.. I also own a ton of UPL....So far its been great for me...Recently it pulled back from over 30----but I expect it to be much higher as we approach next winer.. XCO is still a personal mystery to me....Disappointment is a better word...With so much huge stakes from huge players PLUS the last two reports were vast improvements from the past, I did not expect this stock to fall. But then again this is the nature of the game.. Its anything but easy, and often its a test of ones
        character.. Always remember to buy when everyone is shaking and scared to death...When lots of negativity...Then be patient and wait.. There are a few other solid buys that I accumulated today and yesterday and will just hold them for 6 months to 3 years....D

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