They are shareholders. It is just that they know what's coming so they could care less about the current stock price. Because they spent hundereds of millions at higher stock prices I don't see a downside - IF you have patience.
Picked up more at 2.72. Thank you oh short manipulators. NG prices are moving up ahead of winter. This is all a manipulated game. If you can't beat them join them and take advantage of this anomoly (IMHO).
These are very good numbers. Unfortunately the conference call was uninspiring. In spite of a weakly presented performance the results should speak louder than the presenters. The stock price, with a little help from NG prices going up a bit, should reflect this in the near term (IMHO).
Expected news. XCO had a good earnings report that has yet to be fully reflected in it's stock price. In addition the expected news release on whatever deal is being concocted will almost definately be good news. I consider this to be a relatively safe investment for now. I guess that's why I bought more this morning and now have invested more than I can afford to lose here.
I would agrue that now is the time to invest in energy though It is difficult to choose among the many super value plays. For me sitting out the dance to try to do "just a little better" is not worth the risk of missing these opportunities.
So here is the deal. The earnings were very good but the fear of NG prices in 2015 expressed on the call spooked investors. Based on a disiplined management approach and a superior asset base UPL should be well positioned to be a super star in 2016. Most investors don't want to wait that long but the only sure way to get in on a bottom is to have patience. Management was honest, though maybe a little too honest. Based on a realizable PEG ratio UPL should be in the upper 30 range within 2 years. Can you wait?
Expected. No news there. UPL earnings beat. Better than expected, good. Run up before earnings, bad. We may see a pullback. Long term however the news is positive. Now we need to see how much hedging was done for the balance of the year and forward guidance. The conference call may have a significant affect on the stock price.
At these stock price levels I believe your statement is true. Guidence can change but real industry numbers were just reported. I suspect that we will be up, if not today, in the very near term.
Agreed. I bought big into SDRL today. Limited stock downside is made up by dividends. Eventually we will rebound and make big money.
I bought more in the 2.70 range today. Everything depends on when you buy and when you sell. I have no conplaints as a long here. A bit of luck helps but honestly my many years of experience helps. XCO below $3 is a steal in my opinion.