Presentation also indicates XCO drilled its first Buda well with a flow rate equivalent to Dan Hughes's in 2013 and at a lower cost (-$1M).
Effect of exchange rates is a line on the cash flow statement and was still +$123K as of September 30 per the 10-Q filed November 12. Would not expect the effect to be pronounced, based on recent sales.
Having a stop taken out at a tidy (100%) profit is not my definition of losing one's a@@, and the DNDN bear raid is an isolated example in which stops worked against investors. There are many more examples in which stops spared huge losses. Here are a few biotech cases to chew on where investors never got their money (profits) back unless they used stops: ALTH, DSCO, GNVC, ONTY, SOMX and SPPI.
You're spitting in the wind. A troll took over the VLO message board, so we set up a private, invitation-only Yahoo! discussion group where the regulars could enjoy a rational information exchange. Discussion group moderators even can monitor the message board for newcomers who may be able to add to the discussion and send an invitation if a Yahoo! email is associated with their alias. Discussion groups are accessible from the menu ribbon at the top of the page by clicking on the "More" option if it doe not appear in the menu ribbon. I (or anyone, really) can set up a discussion group if you or a credible contributor wants to accept responsibility as owner or moderator.
Another alternative is to employ the "Ignore User" option or conclude, probably correctly, that Yahoo! message boards generally are a waste of time. However, I still would be unaware of CTSO had I not seen it mentioned on a message board five years ago; sometimes you just have to separate the wheat from the chaff.
Caterpillar (NYSE:CAT) expects to post per-share earnings of $4.60 per share. Remember when $9 ,,, $12 ... $14 per share were anticipated?
He said to buy big oil stocks on September 8. How's that for a wrong call on a market trend?
So don't short. Trade instead. Not core holding but trading shares. Get some if you don;t have any. These wide swings are money in the bank if you buy the dips and sell the rips.
It's a settlement comprising principal and interest for royalty underpayment to Oklahoma, and the $5M is the combined payments from APC and XCO. Presume it dates back to a 2007 acquisition from APC. Just consider it deferred payback of a loan from Oklahoma to drill a well.