Well, I'll take a stab at a positive spin on this. Maybe mgmt believes the performance (and stock price) will do well and therefore they don't need to apologize for the delay or play cheerleader for their investors? I sticking with it to find out.
Negative article by Seeking Alpha and very bullish report on production increase with day of each other... No thanks, this could be a 10 bagger or a bust but I can find less risky ways to play I think. Good luck to all you gamblers!
I don't believe there was any after hour news to cause the 1.5 point drop was there? Just thinking this was some anomalous trade and not due to some news. Anyone care to confirm or deny?
I'm assuming that my net take-away from this action is pretty much even - "Option Adjusted, Contract deliverable is 100 shares XCO, 100 shares XCORT". Except perhaps this position is more leveraged than before? Any insight is appreciated.
How old is this guy? If he is younger then it makes sense that if most of his net worth was coming in the form of company stock/options that he would want to periodically reposition his overall asset allocation so is not overweighted in company stock. He is CFO, yes, but he doesn't pull the strings or make the critical/directional decisions either. It is a testament to the board that they approve his sales that they are confident that his actions are not 'il-timed' so as to impact the share price.
Timing of this article is suspect just after hours and prior to earnings. I'm disgusted. Not sure if the after hours drop is going to carry through to Monday morning but I'm not thrilled with the prospects. Any opinions?
At this point it all comes down to guidance. RPX had strong results last quarter also but because guidance was negative the stock sank. This negative guidance seems to be the hot trend among all CEOs lately in order to help them always beat estimates... maybe the street will get wise to this head fake... or better yet, mgmt will decide to let market decide what the future earnings might be.
This is going to pass. Just like our government here in the US, Mexico's Legislature will take the money wherever they think they can get it. This is like handing the cookie jar to a room full of children and asking them to just eat their bologna sandwiches... Sorry, I love this stock but when the government get involved with re-distribution talk I have to stay away.
Don't be dumb, the stock has been down 2 days in a troubled market after being up 30% in the last month. A little profit taking ahead of earnings is expected and healthy for the stock. Look to the future and ignore the noise.
Most big funds have strict policy to not own any stock under $10 bucks. This opens up a whole new market for this high flyer.
Very impressive barrage of misinformation you are pumping on this board... wow! Anyway, you are on the wrong side of this trade but looks like you are doing a great job trying to minimize your losses. HALO is rocketing higher!