XCO Resources is a stock in the Natural Gas/Oil Space that has been beaten up a lot this and last year.
It is considered a value stocks by some people and held by Wilbur Ross and Prem Watsa.
It is forming a balance and has had some good news (and stocks like this are pron to have buy out rumors) that may propel it upwards if the balance is broken and we trade some above the balance. Given a pump in natural gas prices and oil prices being ready for a short term reversal there may be opportunity.
It is one of those extremely disappointing stocks however that one should be careful holding for long unless you wanna end up holding it for years so be careful to respect the profit targets unless there is some episodic pivot news.
It is considered a value stocks by some people and held by Wilbur Ross and Prem Watsa.
It is forming a balance and has had some good news (and stocks like this are pron to have buy out rumors) that may propel it upwards if the balance is broken and we trade some above the balance. Given a pump in natural gas prices and oil prices being ready for a short term reversal there may be opportunity.
It is one of those extremely disappointing stocks however that one should be careful holding for long unless you wanna end up holding it for years so be careful to respect the profit targets unless there is some episodic pivot news.