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Re: MovedOn post# 317

Wednesday, 06/08/2016 2:16:03 PM

Wednesday, June 08, 2016 2:16:03 PM

Post# of 540
Patience... EXCO has made a dramatic 100% move since the low on May 23 and it's up 40% since May 27th. The positives are the upward daily price pregression, improved liquidity and oil's footing over $50 a barrel. IMO the move from 23rd was triggered by announcement of the boards 50+% ownership; the recent slower moment is likely attributed to limited communication from EXCO directly. When they announce (anything) I expect activity, interest and volume. BTW volume (or lack there of) has been my primary concern...