This company keeps me up at night. I can't believe I let somebody talk me into this POS just because of Ross. No buyout anywhere is what I see here. There probably is something going on behind closed doors. But NOT for we shareholders. Just those fat cats.
If supply is going to be that high then yes companies like XCO is not where you want to be. Forget these fat cats that own the majority of it. Maybe they were dead wrong and refuse to admit it? As will we if this article is accurate. With coal being pushed out of the energy picture however something has to replace it and NG looks good being so cheap and all. But if the supply is going to dwarf demand for the foreseeable future we lose.
Especially after that Nasycar event yesterday. They put it all in Budweiser and Pabst. Ain't got nothing left. Can't buy any more fire power because they blew everything they had on them too. Those good ol' boys are a most predictable group. Blow monies on anything that has absolutely no logic/common sense to it. Hence SWHC is --cked folks.
Keystone is total scam sir. An "out" for Canada and its oil shale stuff. That's all it is. They wanted a Vancouver port but they told them to ----off.
It seems like there is a new auto plant going on line or being built in Mexico from a whole plethora of international auto makers. And how are these finished units going to make it out of Mexico? Hellooooooooo KSU.
I disagree folks. I think the fat cats got caught in this one and will hold for a while simply because they can't afford not to. A purchase down the road? That's always possible with smaller companies like XCO.
Ckmanley23....I agree with you 100%. Why have we no CEO? And why have the fat cats sunk more $ into XCO when we shareholders see so many irregularities with management? Something smells here big time.