hey dwalk this is madness. Me too still holding few shares. Sold 75% of my SUNE holding and bought ETE and now I am burried in red too. lol. No luck at this time but any way I am long on both, what ever happens. Peace and cheers!
It is not the end of the world. Paper losses is better than gambling in Las Vegas. I've been in this situation many times. Do not panic and don't feed your emotions in selling at a lost. Be patient, it will come back up. Sune is far from BK and solar power is the future to save our earth. Disclosure: I am invested with SUNE, ETE, KMI, SWN, FMCC and CRC all of them are punished today for no reason. lol. Peace and cheers!
Sold mine at $5.78/s yesterday. Bought at $5.04/s last week. At this point I am in the buy and sell mode. The volatility of this stock is too high. You need to put a stop loss if you want to win. Short attacked is so unpredictable and I have no time to watch this all the time. I put an GTC order at $5/s, 5K shares. Will see if I'll get it this week. Peace and cheers!
btw, thanks for the above positive analysis you made.
Outside the MLP space, C. John Wilder, executive chairman of Bluescape Resources, has been a heavy buyer of shares of EXCO Resources (XCO). Wilder was appointed to the board of the company in September and at that time pledged to own at least $23 million of stock by next September. He has been making good on his word and has purchased more than 2.6 million shares of the distressed shale gas company.
When he joined the board, Wilder said, "We continue to believe EXCO has significant potential by uniting EXCO's strong operating capabilities with Bluescape Resources Co. LLC's proven commercial and turnaround track record. By executing a long-term and disciplined performance improvement plan, EXCO can be repositioned to deliver significant value to its shareholders."
If he is successful in helping other board members T. Boone Pickens and Wilbur Ross in positioning this company to survive until it can thrive when oil and gas prices rise, this stock could be a home run. It is a risky bet, but you could conceivably make a lot of money from a very small investment in shares of EXCO.
Insiders are stirring in energy stocks and that could be good news for those of us who have been a little early into the sector.
The biggest MLP buy was in shares of Energy Transfer Equity (ETE). Co-founder Kelcy Warren spent over $41 million to purchase 2.485 million shares
Warren is not the only one buying the stock. President John McReynolds bought 84,667 shares of Energy Transfer Equity this month, CFO Jamie Welch bought 50,000 shares and Director Rick Turner bought 5,000 shares. At this price, the shares are yielding 8.7%, so you will have a decent cash flow if you decide to invest alongside the billionaire pipeline operator and his executives.
Peace and cheers!
green good post. I am with you. I finished re balancing my investment and I considered that Solar Power is the future if all of us want to save the Mother Earth. At the same time growing our investment to support our retirement. Peace and cheers!