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.
All you rednecks here ought to be removed for your myopic, idiotic views. La Pierre is a $10M per year #$%$ con artist. A real whacked out loser. He should have been removed also years ago. Gun enthusiasts can still be rational, logical, fair minded, constructive, pro American, folks. Unlike most here who are hate-filled morons. .
Wilbur is going to use Wilder and his deal making skills to sell XCO together with his assets for the best possible price.
I bet Wilbur takes XCO and folds itself into BG and gets a life line.
Not that I nor anyone else here needs to reply to your ramblings but your contradictory prognostications leads me to believe you're either in some sort of a nuthouse or you should be in some sort of a nuthouse.
Oil is skyrocketing today. The direct opposite is happening to fuel consumption entities such as airlines. Helloooooooooooo