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EXCO Resources (XCO -1.8%) drifts lower after Baird downgrades the shares to Neutral, citing the...

EXCO Resources (XCO -1.8%) drifts lower after Baird downgrades the shares to Neutral, citing the effects of rising gas prices on current deman and potentially diminished cash flows.
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Comments (2)
  • BHL
    , contributor
    Comments (42) | Send Message
     
    geez XCO really can't win...stock gets hammered on falling gas prices, and now gas prices perk up slightly off the mat and someone d/g's the stock saying rising prices will hurt demand for gas and that is neg also for XCO. So NG prices up or down is neg for XCO...that is unprecedented!
    10 Feb 2012, 01:21 PM Reply Like
  • jdg1956
    , contributor
    Comments (7) | Send Message
     
    Does EXCO's management team have any idea what they are doing?
    Their quarterly report on 02/23/2012 should be interesting, to say the least.
    12 Feb 2012, 01:30 PM Reply Like
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