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Abraxas Petroleum Corp. Message Board

  • rollydolly rollydolly Nov 13, 2012 5:34 PM Flag

    Nothing to argue about proof is in the price down 70%

    Down 70% in a year - don't listen to any garbage from any pumper. This thing is toast and the facts are in the earnings report and the price of the stock. While real Bakken companies are still doing well this is down 70%.

    Gee, I'm real ashamed that I shorted AXAS - any of you that think it's dumb to short a bad stock - you better stick to your low paying jobs. The market only works becasue you can bet it goes up AND bet it goes down. This stock is a complete schill and a joke. That's why I shorted it. I only wish I had shorted more shares. I have in the past bought AXAS and made money as well. But that was when the economy wasn't in shambles and oil was over $100.

    In this market you have to have earnings - these oil companies are not getting away with the promise that next year will be better or that reserves are increasing or that nonsense anymore. Results.....

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    • I feel badly that you weren't fortunate enough to have purchased AXAS in 8/09 like I was little fella. It actually sounds like you are " a seasoned investor that was burned here" or that you said "you're only going to have to learn the hard way, like I did"??

      I seem to want to tell you what a great buy AXAS is at these prices; but as history has proven-only idiots predict ANYTHING! (remember the terrible prediction jeffklienfelter posted about the 2nd quarter report last year? I do! He missed by $30 Million....IN 1 QUARTER!!!)

      So do what you think is right rolly/felter and go choke yourself!!



    • Don't get scared now!! Time will tell.

5.53-0.20(-3.49%)Sep 19 4:15 PMEDT

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