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re: EXXI - hitting new lows everyday

Posted on 3/4/16 at 10:52 am to
Posted by yellowfin
Coastal Bar
Member since May 2006
97802 posts
Posted on 3/4/16 at 10:52 am to
somebody needs to find that guy that bought 15k worth and tell him to get out while he can
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 3/4/16 at 11:00 am to
I'm here, and I'm watching

Right now I'm only down $927
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 3/4/16 at 3:07 pm to
quote:

On a slightly more positive note, I am only down 2% on DNR.


quote:

I am now 18% to the good.


Ended the day up 31% on my initial investment(s).
Posted by TexanWhoDat74
Houston
Member since Mar 2013
441 posts
Posted on 3/7/16 at 8:13 am to
Up 31.49% before open!!!!
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 3/7/16 at 8:22 am to
quote:

Up 31.49% before open!!!!



Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 3/7/16 at 8:24 am to
I haven't sold yet
Posted by TJG210
New Orleans
Member since Aug 2006
28389 posts
Posted on 3/7/16 at 8:46 am to
Sgy up 30%
Posted by dkreller
Laffy
Member since Jan 2009
30463 posts
Posted on 3/7/16 at 2:44 pm to
I want to vomit right now.

Someone tell me if EXXI is gonna survive!!!!
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 3/7/16 at 2:52 pm to
Riding this baby back to $30
Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 3/7/16 at 9:00 pm to
quote:

Someone tell me if EXXI is gonna survive!!!!



Rising tide raises all boats. Its still a shitty company, don't get excited.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 3/9/16 at 8:52 am to
Maybe so but $3 by Memorial Day wouldn't shock me
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 3/9/16 at 8:55 am to
Anybody else feel like this?
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 3/9/16 at 9:01 am to
Me!

Especially when it hit .33
Posted by yellowfin
Coastal Bar
Member since May 2006
97802 posts
Posted on 3/9/16 at 11:00 am to
quote:

Maybe so but $3 by Memorial Day wouldn't shock me




What's are you basing that on?

you couldn't even read their financials when you bought it
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 3/9/16 at 11:12 am to
I read an article this morning that projected oil to slowly increase and hold its own through Memorial Day


But your 100% right I'm a rookie, all I said was it wouldn't shock me, heck it just tripled in 48 hours and might be worth squat in another 24 hours. But it does seem tied to supply/demand so if demand grows as we know it will towards summer then who knows?


And I still can't read their financials
This post was edited on 3/9/16 at 11:13 am
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 3/9/16 at 11:22 am to
quote:

Rising tide raises all boats. Its still a shitty company, don't get excited.

A few years ago when I was looking for an in-house job my friend told me to get on with EXXI. His reasoning was that their land department went to lunch together all the time and got drunk, and that was the culture of the place. Can't believe they've fallen so far since.
Posted by TexanWhoDat74
Houston
Member since Mar 2013
441 posts
Posted on 3/9/16 at 7:57 pm to
I guess we will see how their restructuring is gonna turn out...either gonna be a huge gain or its gonna go to 0
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 3/9/16 at 9:05 pm to
They are restructuring ?
Posted by sneakytiger
Member since Oct 2007
2475 posts
Posted on 3/9/16 at 9:33 pm to
They have been in default for 3 weeks. They have until the 17th to cure
LINK
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 3/10/16 at 6:49 am to
Hope it's just strategic sabre rattling to get better refinancing terms
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