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re: EXXI - hitting new lows everyday

Posted on 9/26/14 at 8:50 am to
Posted by BassHorn
Member since Dec 2011
197 posts
Posted on 9/26/14 at 8:50 am to
Down again today. I've been keeping my eyes on this one but I'm not sure where the floor is.

The insider dumping concerns me.
Posted by Bayou Tiger
Member since Nov 2003
3660 posts
Posted on 9/26/14 at 8:57 pm to
So EXXI spent 2.3 billion to purchase EPL earlier this year, increasing the size of the company by roughly 50%. The market capitalization of the new combined company at the end of today... 1.14 billion (less than half). Wow.
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