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Crosstex Energy, Inc. Message Board

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  • lizahuang54321 lizahuang54321 May 12, 2010 1:38 AM Flag

    XTXI $50 pps Some day IMO

    "They are executing on higher end margins"

    This statement is meaningless. Doesn't even make any sense.

    But of course your old mate guintogg chimes in an hour later to agree. Funny that.

    You know nothing about Crosstex. Not sure why you follow it along with Pozen, Ambac, Blockbuster, etc. You know nothing about the natural gas or energy industry. Just make a lot of stupid and meaningless statements - never posted anything of substance on this board ever.

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    • I haven't been on this board in awhile, but one thing I do remember is how your, Lisa, were bashing Xtex when it was 7.xx a share several months back.

      Funny, it's going to be back to 11 a share soon.

      I guess in a way, that makes most things you post useless too.

      • 2 Replies to gogomets13
      • s-sibley@sbcglobal.net s-sibley May 12, 2010 3:45 PM Flag

        It was a $6.xx last Thursday. Do you think that Americanbeer and Guintogg are well informed about XTXI?

      • Your memory is faulty. I have been long XTEX the whole time I have posted on this board. It is the third best performer in my portfolio (VNR is the best).

        What I said back then was that NG price was going down in 2010...that was back in winter when it was $6 or so. What has happened? NG price has gone down for exactly the reasons I stated.

        If you read closely, I never said that meant XTEX was a loser. In fact, on a few occasions I pointed out that XTEX could actually benefit from low NG prices especially if their processing contracts are of the keep-whole variety. As a G&P, Crosstex has to buy NG to process. So low NG price lowers their buying costs. After processing they sell liquids which tend to follow oil prices. Therefore best case scenario is low NG price, high oil price. Pretty much exactly what we have now. So how is that bashing, I ask you?

        Oh, and I also was saying that I believe XTEX was a better investment than XTXI (from future potential distributions point-of-view) but hard to see how that constitutes bashing of either XTEX or XTXI.

        So, you see, it's only the amateurs here who would view my comments as bashing because they don't even understand how Crosstex makes money.

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