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REXXQ (and RNXRQ Preferred): Bankruptcy PLAN effective. All shares cancelled:
http://otce.finra.org/DLDeletions
usually common shareholders are first/ 'Rex Energy Corp. (REXXQ)'
I got the last divi they did prior to BK filing.
That's what I'm asking, is the preferred entitled to the liquidation price? I don't know the answer. Is an outright sale considered a liquidation?
So many unanswered questions.
I don't own the commons.
how could pat divy if no receipts ?????
thank you, collectible ?????
Rex Energy Corp. (REXXQ)
0.073 ? -0.027 (-27.00%)
Volume: 202 @ 11:18:03 AM EDT ET
Bid Ask Day's Range
0.073 0.1 0.073 - 0.073
REXXQ Detailed Quote
Hummmm. If I own 6% Convertible Preferred depository shares equal to 1/100th of a $10K CPS how it is handled in a BK? Does it get treated as a "Liquidation"? The reason I ask is that I found this info which indicates it has a $100 per depository share "Liquidation preference" value.
Rex Energy Corp. (REXXQ)
0.135 ? 0.008 (6.30%)
Volume: 34,985 @ 2:22:46 PM EDT ET
Bid Ask Day's Range
0.135 0.1388 0.1285 - 0.1388
REXXQ Detailed Quote
Works on eturd REXXQ bankruptcy. GL
Hello,I have been holding Rexx stocks when Rex Energy was on the Nasdaq. Several month ago, as you know, Rexx Energy was delisted from Nasdaq and now is in the OTC market. However, I cannot find any Rexxq stocks on my home trading system's dashboard. What happened?
Is there anyone who can explain this?
I e-mailed Rexx Energy but no replies at all. I put 30000 USD here.
All Nasdaq's Rexx stocks are terminated when moving to the OTC market?
Or is it just simple dashboard error?
Thanks a lot in advance.
Lastly,is there anyone holding Rexxq stocks before it was delisted from Nasdaq
Well they just bought my .15s for a quick 50% flip $4500 net
.12s are falling REXXQ
Tough call. I'm in for a quickie
SHOULD I JUMP IN OR STAY OUT
Rex Energy Corp. (REXXQ)
0.1 ? -0.005 (-4.76%)
Volume: 24,741 @ 4:07:14 PM EDT ET
Bid Ask Day's Range
0.085 0.17 0.1 - 0.105
REXXQ Detailed Quote
REXX Bankruptcy
http://otce.finra.org/DLSymbolNameChanges
$REXX Rex Energy (NASDAQ:REXX) says it is filing for Chapter 11 bankruptcy after failing to reach agreement with its lenders after missing a debt payment last month.
Rex says it lost ~$53M in Q1 and reports an outstanding loan balance of $274M as of March 31.
The company, which is active in the Marcellus and Utica shales, says it still plans to drill and complete several wells during the rest of the year.
REXX delisted from the Nasdaq. Moved to the OTC:
http://otce.finra.org/DLAdditions
Rex Energy Corp. (REXX)
1.64 ? 0.17 (11.56%)
Volume: 1,617,106 @ 5:11:10 PM EST ET
Bid Ask Day's Range
1.67 1.75 1.5 - 1.84
REXX Detailed Quote
Natural Gas Prices Soaring! Plus international Nat Gas sales began yesterday! REXX$$$$ going to pop!
Bitcoin to MMJ and now Oil..wild times in the markets.
Here we go
More 1,93
This is going to pop this week! Mark this post...Nat gas prices continue to climb
Nat Gas over 3 dollars...REXX way undervalued
True, Nat Gas did suddenly rip it up later this week, but unfortunately $REXX is not fully following suit this week. Still been in red hanging around 1.30s-lower 1.40 area (after last week's 1.55 high)
Maybe instead you will get your gains in early January. Just be sure you watch for 1.25+ lows for support. Have stop-loss in place based on that approx area needing to hold.
I'm personally still on sidelines for (possible) re-entry.
Have a Happy New Year
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Natural gas prices up big on extreme cold gripping the northeast and Midwest. Buying more REXX today.
I exited $REXX for a small profit yesterday (12/27) while in the 1.40+ area. I did not like the deteriorating technicals earlier this week after apparent resistance since it's recent 1.55 high after coming off of my 1.35 or less suggested limit entry for private alerted clients 2 weeks ago (12/14) who had opportunity to enter it as low as 1.25.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136969014
$REXX makes the 4th trade in a row (non-subpenny) since early November for a profit I've provided for my subscribers.
$REXX certainly had potential for much higher than 1.55 coming off of 1.25 recent lows, but I had to be vigilant & responsive to the reality of the deteriorating technicals by locking in a profit before it dropped lower. So far today it's lower with a close of 1.32.
That said, this is a good one to keep watching for re-entry.
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Yes you were spot on good call
$REXX doing well, like I speculated in my post before market open Dec 18.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136969014
I gave it out to my private subscribing followers 12/14 at lows (1.25-1.35 available at 12/14-12/15) with limit entry suggestion of 1.35 before it rose up into 1.50's so far this week.
I'm speculating on a good chance yet toward 1.70-2+ for potential upside in the short term.
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I have been posting about $REXX to give everyone a taste of what I've been doing privately ever since my transition in early October 2017.
$REXX likely set up for a rally in the short term.
$REXX tends to trade with Nat Gas, which is showing a nice rebound in early morning trading today after the recent sell off, so it should also help push this stock up.
I think it can get back up toward 1.70-2's in the short term for a trade.
Last Thursday-Friday trading as low as 1.25 was an opportunity (staring right at you around the time you posted).
I alerted $REXX when it was at those lows to my private following subscribers @ 1.35 limit for suggestion morning of 12/14 (Thursday)
What’s a good entry price here?? Thanks
ATLAS IS LONG ON REXX - ETHANE!
GOOD MORNING $REXX
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