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re: EXXI - hitting new lows everyday
Posted on 10/8/14 at 2:41 pm to sneakytiger
Posted on 10/8/14 at 2:41 pm to sneakytiger
I went from getting completely assraped this morning to probably finishing in the green today 
0
Posted on 10/8/14 at 3:03 pm to Iowa Golfer
When Bass acts, I listen haha guys pretty good, so if he's loading up, it makes me think about it for sure. Just hope it's not back up to double digits by then.
Posted on 10/9/14 at 9:58 am to mkibod1
Yikes. down 11% so far
Posted on 10/9/14 at 10:57 am to TheIndulger
When to buy more?
Posted on 10/9/14 at 10:58 am to TheIndulger
There should be Ebola level panic in this thread. Where is it at??
Down 16%
Down 16%
Posted on 10/9/14 at 11:02 am to Iowa Golfer
Haven't bought any yet. I just read something that called it a strong sell. How low can it go?
Posted on 10/9/14 at 11:28 am to TheIndulger
Yikes down 16% now
Posted on 10/9/14 at 12:14 pm to MikeD
quote:
Yikes down 16% now
18% now. They have to be filing for bankruptcy right? That or something is bad wrong here that none of us know anything about.
Posted on 10/9/14 at 12:15 pm to barry
It was down 12% yesterday and finished up
Posted on 10/9/14 at 12:17 pm to yellowfin
quote:
It was down 12% yesterday and finished up
ok, yesterday is not today
Posted on 10/9/14 at 12:21 pm to barry
I was just playing around with their investment calculator on their website (which BTW, might be a good idea to remove that) and here is what a 1,000 share investment on May 31, 2007 would look like today. That is with dividends reinvested. NVM: Chart not showing up properly. But nonetheless, a $5,300 investment in 2007 would be worth $2,296 today.
Also, two questions, anyone know why they did a reverse stock split in January 2010? And the next, what does that usually indicate, or why would a company do a reverse stock split?
Also, two questions, anyone know why they did a reverse stock split in January 2010? And the next, what does that usually indicate, or why would a company do a reverse stock split?
This post was edited on 10/9/14 at 12:23 pm
Posted on 10/9/14 at 1:17 pm to TheIndulger
What did u read? 
Posted on 10/9/14 at 1:29 pm to sneakytiger
Yikes down to 8.30
This post was edited on 10/9/14 at 1:30 pm
Posted on 10/9/14 at 2:05 pm to OnTheBrink
quote:
And the next, what does that usually indicate, or why would a company do a reverse stock split?
It's a psychology thing I would guess. People feel better about buying a share for $30 than for $15? Makes about as much logical sense as a regular stock split.
Posted on 10/9/14 at 2:11 pm to TheIndulger
Lots of investment funds can't buy shares that are below a certain value, $5 being a common cuttoff point. Reverse splits grow the investor audience and improve dollar volume liquidity.
Posted on 10/9/14 at 2:23 pm to TheHiddenFlask
So is another reverse stock split or are they going belly up you think?
Posted on 10/9/14 at 2:39 pm to Enfuego
quote:$8.00/share as I type this.
Yikes down to 8.30
ETA: Closed at $7.82.
This post was edited on 10/9/14 at 3:03 pm
Posted on 10/9/14 at 2:52 pm to GREENHEAD22
quote:
So is another reverse stock split or are they going belly up you think?
Multiple reverse stock splits can't be a good sign
Posted on 10/9/14 at 2:58 pm to TheIndulger
I wouldn't be buying right now, but if I owned it, i wouldn't be selling.
Posted on 10/9/14 at 3:08 pm to TheHiddenFlask
If you are in, one has to hold on in hopes of a turnaround. But damn, down 21% today, at 7.86, that's rough. Yesterday the price dipped down into the $8 range and ended the day at $10, but today it's been down since opening bell. This is my reminder why I don't get into individual stocks much haha Glad I'm forced to wait till tomorrow if I want to make a move. May sit this one out.
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