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EXCO Resources Inc. Message Board

  • finalfor28 finalfor28 Dec 10, 2013 1:55 PM Flag

    Anyone surprised we're sub 5 again?

    I'm not. I think the price will remain in a tight range below the $5.00 level for the duration of the rights offering period. The only real question is what will they (Ross & the boys) pay for the remaining shares after they've taken the 54 million from the offering???? Should be a very low risk buy below 5. You either make pennies or perhaps a buck or two if you're lucky. Either way the downside appears to be safe, and that's saying a lot where this POS is concerned.

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1.38+0.05(+3.76%)Jul 29 4:03 PMEDT