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Started By
Message
re: EXXI - hitting new lows everyday
Posted on 11/28/14 at 10:55 am to Bayou Tiger
Posted on 11/28/14 at 10:55 am to Bayou Tiger
But the divvy is disappearing so it should say 0%.
2
Posted on 11/28/14 at 11:12 am to LSUneaux
quote:At this rate the entire stock symbol will be disappearing
But the divvy is disappearing so it should say 0%.
Posted on 11/28/14 at 12:09 pm to LSUneaux
Has that been announced?
Posted on 11/28/14 at 12:25 pm to sneakytiger
Yes.
Posted on 11/29/14 at 9:39 am to LSUneaux
$4/share right now. Within the last month their insiders have bought 25k shares.
I'm very interested in getting in soon.
Has EXXI seen the bottom yet?
I'm very interested in getting in soon.
Has EXXI seen the bottom yet?
This post was edited on 11/29/14 at 9:40 am
Posted on 11/29/14 at 9:50 am to Larry Gooseman
quote:
Has EXXI seen the bottom yet?
Has oil seen the bottom?
Posted on 11/29/14 at 10:59 am to Larry Gooseman
quote:
$4/share right now. Within the last month their insiders have bought 25k shares.
I'm very interested in getting in soon.
Has EXXI seen the bottom yet?
A poorly run company in a declining product price environment....there's a reason EXXI lost 37% yesterday as compared to similarly sized companies that lost 10-15%. But go ahead and roll the dice.
Posted on 12/1/14 at 9:39 am to Larry Gooseman
It's painful watching this stock. 3.40 today. Anyone know the book value?
Posted on 12/1/14 at 9:53 am to Al Dante
It's gone down over 50% since I bought it a month ago or so. Can we start a money rant board?
Posted on 12/1/14 at 10:58 am to Al Dante
Tangible book value is about $1.5 billion at the end of Q3, although I suspect they will take a massive impairment charge on their producing properties in Q4 given what crude is doing, which will reduce that number substantially.
This post was edited on 12/1/14 at 10:59 am
Posted on 12/1/14 at 10:59 am to TheIndulger
quote:
It's gone down over 50% since I bought it a month ago or so. Can we start a money rant board?
I feel your pain. I bought it a month ago for $7.30 and thought that was a deal. Thanks OPEC.
Posted on 12/1/14 at 11:17 am to Sal Minio
Bought at $21.00, riding this car to the wheels fall off.
Posted on 12/1/14 at 11:30 am to TexanWhoDat74
quote:
Bought at $21.00, riding this car to the wheels fall off.
Wow. Prayers sent haha I thought about getting in around the $6/$7 range when Kyle Bass snatched up a bunch of shares, but held off. Glad I did now. Still cant get over how fast this has fallen.
Posted on 12/1/14 at 1:11 pm to Sal Minio
quote:
Thanks OPEC.
Other companies aren't about to get delisted from the Nasdaq. Its more than OPEC.
Posted on 12/1/14 at 1:17 pm to barry
quote:
Other companies aren't about to get delisted from the Nasdaq. Its more than OPEC.
Yeah, crude is up over $2 today and this turd is still sinking. I am averaged in under 7 but thinking about just taking what I have and getting far away from here. Something doesn't seem right. However, I did see where the new CFO bought 25,000 shares today.
Posted on 12/1/14 at 1:18 pm to barry
Delisted?
Posted on 12/1/14 at 2:15 pm to OnTheBrink
quote:
Yeah, crude is up over $2 today and this turd is still sinking.
Nearly all the E&P stocks are still sinking but none have sunk as for (% relative) and I've been posting throughout this thread the issue goes well beyond price, it's a very poorly run company.
Posted on 12/1/14 at 2:23 pm to cwill
So your advice is to stay away?
What makes it a poorly run company, in your eyes?
What makes it a poorly run company, in your eyes?
Posted on 12/1/14 at 3:30 pm to Larry Gooseman
quote:
Delisted?
Yea, They can get booted from the Nasdaq if their stock price gets too low or if they don't hit other predetermined metrics.
Posted on 12/1/14 at 3:34 pm to barry
I was an EXXI long. I am so glad I dug deep, averaged down, and got out on a small pop. This one fooled me. It fooled Cramer also. Not that I pay too much attention to what he says, but he was on board big time with EXXI.
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