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re: EXXI - hitting new lows everyday

Posted on 9/22/14 at 12:35 pm to
Posted by lsuguru
Lake Charles
Member since Aug 2007
1788 posts
Posted on 9/22/14 at 12:35 pm to
Rumor on the yahoo EXXI board is that Repsol is looking to buy them out. But with the share price in a free fall, I don't think there is any truth to it. My TDAmeritrade account sure could use a buyout.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10357 posts
Posted on 9/22/14 at 1:20 pm to
Do as you wish. I see this as a value stock, and I think I'm going to buy more, just not sure what price point yet.

I do think their assets warrant it (recovery, or future buy out candidate), and notwithstanding the comments about insiders dumping, which I mostly disagree with as I called their investor relations people about it.
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