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re: EXXI - hitting new lows everyday
Posted on 10/13/14 at 11:02 pm to GREENHEAD22
Posted on 10/13/14 at 11:02 pm to GREENHEAD22
Another energy stock to keep an eye on is Stone Energy out of lafayette. They were on pace to hit to $50 mark this summer but have lost about 50% of their market value in the last 3 months bc of the slide in prices. Currently trading at $22.70. They have tremendous upside with tons of acreage in the Marcellus and significant drilling coming online soon in deep water GoM.
This post was edited on 10/13/14 at 11:03 pm
1
Posted on 10/14/14 at 10:32 am to Enfuego
Sub-$7 so far with oil down again today. There are a number of value buys out there better than EXXI.
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