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re: EXXI - hitting new lows everyday

Posted on 11/4/14 at 2:57 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10234 posts
Posted on 11/4/14 at 2:57 pm to
I dug deep and averaged down. Dug really deep. I sold at a slight gain at about $8.00. I guess I got tired of the entire mess, although I suspect I'll be kicking myself in another year or so.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 11/5/14 at 7:48 am to
quote:

Energy XXI (Nasdaq:EXXI) (AIM:EXXI) today announced its Board of Directors declared a quarterly dividend of $0.12 per share of common stock. The dividend is to be paid on December 12, 2014 to shareholders of record on November 28, 2014. As of October 31, 2014, the company had 93,869,865 shares of common stock outstanding. The Board of Directors will determine future dividends for Energy XXI common stock on a quarterly basis, with the amount dependent upon earnings, financial condition, capital requirements and other factors.


Any thoughts on the bolded portion?
This post was edited on 11/5/14 at 7:51 am
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