re: EXXI - hitting new lows everyday

I'm glad I averaged down and got out of this alive. EXXI represented one of my stupidest purchases ever. I had based my purchases largely on analysts. Jim Cramer being one of them. Interviewing their CEO on a platform IIRC.

Now I'm not being critical against the guys that are buying this now as part of their speculative portion of their portfolio. I'm just relearning a lesson. I didn't take much time on this purchase, and even experts aren't really smarter than most the rest of us.