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Started By
Message
re: EXXI - hitting new lows everyday
Posted on 10/10/14 at 12:50 pm to sneakytiger
Posted on 10/10/14 at 12:50 pm to sneakytiger
Up 4% today now
1
Posted on 10/10/14 at 1:27 pm to TheIndulger
Haha 2 days ago it went form $10 to $8 then closed at $10. Yesterday it made a steady decline from its starting $10 and closed at $7.86. Then today it stayed in the $7 range, going all the way down to $7.21, but now sits a dollar higher at $8.24. WTF is going on? 
Lost 21% yesterday but is now up almost 5% today. Talk about some volatility.
Lost 21% yesterday but is now up almost 5% today. Talk about some volatility. 
Posted on 10/10/14 at 1:30 pm to mkibod1
The market in general has been very volatile lately.
Posted on 10/10/14 at 1:32 pm to OnTheBrink
I jumped in around lunch.
Posted on 10/10/14 at 1:38 pm to OnTheBrink
Yes, especially O&G. Its all over the place.
Posted on 10/10/14 at 1:53 pm to mkibod1
I bought a bit more today as well.
Posted on 10/10/14 at 2:00 pm to mkibod1
try watching that shite while owning 2,000 shares 
Posted on 10/10/14 at 2:09 pm to yellowfin
It could be worse, it could be your career you are watching melt away.
Posted on 10/10/14 at 2:13 pm to yellowfin
I'm pretty young so I don't have a crazy amount in. But if I seen that much slip away...I would be finding a window to jump out of. Haven't quite acquired the stomach for something that large yet.
Posted on 10/10/14 at 2:16 pm to TheHiddenFlask
yeah that would be a little worse
I knew going in that I wasn't making money with this stock overnight
worse part about it is my wife put an etrade app on her phone and ask me about it every day
Posted on 10/10/14 at 2:25 pm to yellowfin
At least I'm just an energy banker. I would be puking if I worked for EXXI.
Posted on 10/10/14 at 2:42 pm to TexanWhoDat74
I'm a young guy too, 25, so throwing a few hundred bucks in is a lot for me now, but the upside is there. Plus, in the grand scheme of it all, whats a few hundred bucks? Takes money to make money... Or so I'm told.
Posted on 10/10/14 at 2:52 pm to mkibod1
Well looks like some people took there 10% profits for the day and went home
Posted on 10/10/14 at 3:02 pm to barry
I'll take my 1/2 a percent for the day... 
Posted on 10/12/14 at 9:33 am to TexanWhoDat74
So I would assume this is a safe buy for long term?
Posted on 10/12/14 at 10:56 am to JakeMik
quote:I still feel like they are more likely to get bought than go bankrupt, since in my opinion they have more of a leadership problem than an asset value problem. I bought at 8 and have a standing order to buy more at 6 if it dips again.
So I would assume this is a safe buy for long term?
Posted on 10/13/14 at 8:40 am to Bayou Tiger
just picked up at $8.20 today..
Looks like I made a mistake.
Looks like I made a mistake.
This post was edited on 10/13/14 at 8:53 am
Posted on 10/13/14 at 9:01 am to b-rab2
quote:
Looks like I made a mistake.
Don't you just love that feeling?
Posted on 10/13/14 at 9:07 am to b-rab2
quote:
just picked up at $8.20 today..
Looks like I made a mistake.
Relative to 4 hours ago. You can't get much worse than now. So if it goes much lower it will be bought out, so don't worry.
Posted on 10/13/14 at 9:10 am to vuvuzela
quote:
Don't you just love that feeling?
Also feels as good as picking up long calls on something and then watching it tank the next day... Did that earlier this month.
This post was edited on 10/13/14 at 9:28 am
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