What plan? A bloodbath here. Down 30% this week alone. Down 40% YTD. Oil is killing this company now. Pres. Obama could sure help our cause here.
Down 30%. Not much left here. Strong dollar, abundant NG and oil, high debt, and being on Wall Street#$%$ list spells disaster for XCO I'm afraid folks. I mean what kind of a stock loses 30% in a week?
Hydrogen, electric and NG vehicles would crush all import needs in this country and allow us to be totally self dependent. TM at the forefront. What a surprise. Love my Tundra too.
Arts...are you referring to this strategy?
Your posts are very succinct and to the point. It's a real shame NG is getting murdered and now oil is joining the party. Can't win for lose under these circumstances unless one has very deep pockets.
Thank you, I certainly remember that disaster didn't know Ross was involved. As for Massey Energy Company? You ever read about that ex-CEO and his lavish European jet vacations? They should have hanged that POS at high noon. A modern day southern Gestapo-like #$%$.
Great post as always by you. You even critiqued their latest conference call. You're a smart person sir. I'm just totally disgusted that NG has been treated as such here. It is a viable commodity for our energy needs. But is getting NO RESPECT. Now with oil tanking (and all current data leads us to logically expect a further price reduction) has not helped at all. The Clean Air Act is maybe what Mr Ross was keying on years back. And he was right. Power plants will shift from coal to NG and other sources. But the GLUT of NG and now oil is really hurting XCO and others. A double whammy that highly leveraged entities like XCO may not be able to overcame?
In what way? Haaa? You have posted here a many a time and I think you stated you own a few calls on XCO now and that's all? The only way that I can foresee....BK. Look at the chart indeed. It's a train wreck. Remember nobody said GM could go BK? It did. So what's gonna happen when just about everyone expects XCO to go BK? It will. There are no miracles forthcoming that I can envision.
We're getting murdered here today again while the major indices soar. I think there has been word today that Wall Street is signing XCO's death certificate. Look at the volume. Is BK imminent now? I'm sure something drastic is forthcoming here. NG ETF's selling also? This isn't about oil prices today nor that secondary cancelled offering folks. The word is out XCO is next to fall in this sector. Much to my embarrassment.
Don't hit the potato too hard you'll get hurt. This along with a many NG plays are DOA, NG will forever be abundant and oil too. Worst play I've ever made investing money w/o a doubt.
Willy-boy, tilltale and some Mexican imitation. All present here. What a coincidence. These 3 I'm sure have posted more than any other persons here. What a coincidence. All on the same page bashing this company. All dressed up an no place to go except for some message board. What's that tell you?