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re: EXXI - hitting new lows everyday

Posted on 9/10/14 at 9:31 am to
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 9/10/14 at 9:31 am to
In the last 6 months EXXI insiders have sold 22% of their holdings in the company. Shares sold by insiders is more than 20X the purchases by insiders.

That indicates to me the company's insiders don't believe someone is going to buy the company anytime soon.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 9/10/14 at 5:56 pm to
Some of the insiders were forced to sell when they reseigned. Not sure when the CFO and/or COO was forced out, but that's some of it.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7150 posts
Posted on 12/3/14 at 6:40 pm to
Any updates? It's down below $4 a share. Is it dead or is this a buying opportunity?
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