The guidance for the year remained ay 67-71 cents. Either there is a dramatic drop in earnings and outlook that would justify a ten dollar per share drop or the pps is being manipulated while someone accumulates. It would seem a lack of news should not create a precipice ten dollar drop in the price. My guess is this is being pushed down to accumulate?
I can't understand the share price? Last qtr results were pretty good but they didn't guide higher and kept the guidance at 67-71 cents for the year. I can't understand why there is a 10 dollar per share price drop on that? Anyone have any ideas ?
Had a renter email to say they wanted to cancel due to an illness in the family and they asked me to call. I called and returned them all their money.Then I got an email from AWAY in red ink saying I failed to respond to the renter in 48 hours. When I called and explained they couldn't do anything because they said the renter put through their request as an inquiry for a week they had already booked and their system doesn't cross reference anything. Their system and people who work there stink and I hope someone buys them out who knows how to run a company.
Andy Hall is the smartest guy in the oil business. Google him he predicts higher prices. If oil isn't higher by the 4 qtr then budgets will not be expanded for 2016 drilling which will lead to shortages in 2017.
How can the stock be so low after posting pretty decent revenues and earnings in the previous qtr. Is it possible things are trending poorly now? I just don't get how you can report in line and the stock drops 10 bucks per share.
I still can't figure out how a relatively good earnings report previously should be met with a 10 drop in share price?
Other than the market going lower what is really wrong with Loco
Via SAT on with Cramer and then aren't going to launch more satellites for at least a year or more. Plus the CEO was less than impressive.
I think you nailed it. Someone is accumulating big time. I posted that Shell has a new Gulf project that will have a 55 dollar cost basis on oil. You don't invest billions if you think oil stays down here long term. Most of the big offshore oil has a cost basis of 70 and that is coming off line. There was an article a few days ago that said oil will be in deficit by 2017 and I believe it.
This is all part of the plan. Shell is spending billion in the Gulf on a new project were they say their cost basis on oil will be 55 dollars. You don't invest billions at that cost unless you think prices will be higher down the road. It may take a year or two but Shell knows it will be very profitable at a 55 dollar cost. I think massive accumulation will take place and when oil hits 65-7- XCO shares will spike higher.
When are Carl and Barry going to do something here. This is getting ridiculous!
I wanted be surprised if they get someone from a major cyber firm to come in soon. They should be able to generate tons of new government business.