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re: EXXI - hitting new lows everyday
Posted on 10/9/15 at 9:23 pm to Utah Tiger
Posted on 10/9/15 at 9:23 pm to Utah Tiger
People taking there profits I think. People see this one as a means to make some quick $ on its swings. So when it hit .90 a bunch got in and then sold before the weekend at 2.60. My un educated guess. It's not a .90 company...it's there just because of the oil price situation.
Posted on 1/20/16 at 10:55 am to vuvuzela
Still in...money is already chalked up to being lost.
Posted on 1/20/16 at 11:13 am to Oates Mustache
frick no
if I worked there I'd be prepping my resume
if I worked there I'd be prepping my resume
Posted on 1/20/16 at 12:51 pm to TexanWhoDat74
Same here man. Want to join me for a PBR after work? :cry:
Posted on 1/20/16 at 1:04 pm to OnTheBrink
I still never got in but been watching it...it has been getting hammered the last week or so.
How doe de listing work...is it under a certain price for a certain time or are there other more instant triggers?
How doe de listing work...is it under a certain price for a certain time or are there other more instant triggers?
This post was edited on 1/20/16 at 1:06 pm
Posted on 1/21/16 at 12:19 pm to TexanWhoDat74
I figured that will happen....its not the first time. Wasn't it up like 20% yesterday at close from its daily low.
Posted on 1/21/16 at 12:25 pm to NOLAGT
Didn't check but was told this is just a DCB, which is a term I just learned....
Dead Cat Bounce
Dead Cat Bounce
Posted on 1/21/16 at 12:43 pm to TexanWhoDat74
I have heard that term used for them a few times. Maybe...hope not tho.
Posted on 1/21/16 at 12:58 pm to NOLAGT
"Even a dead cat will bounce once when you throw it"
XXI.........
all those shelf acquisitions just piled up the abandonment liabilities.... and at these prices the good facilities are not even producing profitably
XXI.........
all those shelf acquisitions just piled up the abandonment liabilities.... and at these prices the good facilities are not even producing profitably
Posted on 1/21/16 at 1:03 pm to Sid in Lakeshore
Just need 10 more 50% days in a row and we'll be back at $35/share.
Posted on 1/22/16 at 8:51 am to sneakytiger
Should we change this thread to "EXXI-hitting new highs everyday"
Posted on 1/22/16 at 9:11 am to TexanWhoDat74
It is blowing up. Wish I had some extra $ to toss in the other day...bought a rent house instead
Posted on 1/22/16 at 10:17 am to NOLAGT
So in February 2009 it dropped to s low of 1.65 from as high as $35 in spring of 08, it eventually recovered from 1.65 and soared all the way to $38
Does that show us that this company can regroup and pull it off again?
Does that show us that this company can regroup and pull it off again?
Posted on 1/22/16 at 10:41 am to Old Sarge
2008-09 was due to a global recession. This is due to the fundamentals in oil supply and demand. Oil is not going ack to $100 in the next 3 years so the rebound will be very long if they survive. Big IF at these prices.
Posted on 1/22/16 at 10:54 am to C
Well I jumped in, my first solo stock purchase ever. Bought 20k shares at an average of .75 it's not a lot of money but it will be entertaining to see what happens from here. Guy at fidelity gave me a lecture on penny stocks and high risk
Posted on 1/22/16 at 11:41 am to Old Sarge
This is a penny stock now but its not a real "penny stock"...the ones that are pump n dumps.
If they pull it off and recover....you are going to make some coin
If they pull it off and recover....you are going to make some coin
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