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On a bad day all around for energy stocks (XLE -1.8%), Continental Resources (CLR -8.2%) fares...

On a bad day all around for energy stocks (XLE -1.8%), Continental Resources (CLR -8.2%) fares worst than most after its Q1 results missed analyst estimates, hurt by higher operating costs. CLR forecast 47%-50% production growth in 2012 on increased spending of $2.3B after already raising expectations twice this year.
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Comments (2)
  • gawilley
    , contributor
    Comments (1238) | Send Message
     
    I sold out of my XLE today with a 6% loss. What a let down... :-(
    3 May 2012, 03:17 PM Reply Like
  • dowright
    , contributor
    Comments (3) | Send Message
     
    Should have sold calls @ $90. Knew it in my gut and didn't do it.
    3 May 2012, 07:19 PM Reply Like
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