I read about similar technology years ago of an on-sight home generating system utilizing NG. Don't here squat about it anymore. All the while XCO is by far the biggest disaster I've ever owned. Down over 105% in the last 3 years now. All the while the DJIA is up 40%.
Lets see and drive the new generation Camaro GM? What's with all of this childish incognito BS? Mustang is kicking Camaro's ass up and down the street and what's GM do? Play these mamby pamby BS games. SHOW THE CAR, its pricing option and new technology for all to see.
Another doom and gloom rendition but the comments that followed are sure not of the idiotic kind. Very analytical in nature comments by many, most I would say were more optimistic about XCO's future even though the "perfect storm" has wreaked havoc on this company.
He left out that his $10K is monopoly money.
As Harry use to say: after 2 innings both teams have what the little boy shot at....nothing.
I don't profess to know this guy nor his positives but I do surmise Mr Ross knows where to look to resurrect XCO. And yes money is piling in. Look at today's incredible volume.
Event driven? You mean inside management decisions/moves vs economic numbers such as NG supplies, oil pricing, dollar action?
If you notice bonds of the energy companies coming to life as oil pricing increases. A lot of energy junk is rising in a big way as of late. Look at the various ETF's dealing with high yield energy debt.
Hedge funds throw mega bucks in seconds today. For whatever reason. Daily action is nothing to get all shook up about unless its based on bad news.
Yes Delta's numbers were very good seeing how they're going to save over $2B in fuel this year alone. ALL airlines are doing well. But higher oil in the last 2 weeks will cause some headaches for airlines holders. For a while anyway.