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Re: troubadour84 post# 14

Friday, 02/21/2014 4:47:42 PM

Friday, February 21, 2014 4:47:42 PM

Post# of 405
The stock was shorted about 6 million shares ,first shorting a stock should be illegal , these shorts seem to have a lot of influence with the market makers if not the same people , they want it to go down so they can cover what they sold, that is having an effect on the down turn ,second ,XON is just starting out I suspect a lot of debt and little profits , a few good PRs in January and uncontrolled exuberance occurred , now a sober look at XON and the price dropped to reflect all these forces at work, I suspect a one up day per 2 down days to happen in the next few months with a few Press releases to try to reverse the down trend, looking for a low in the 17 dollar range before and up turn this will be a great stock in two years ,if you are looking for cheap shares to buy ,I would wait till the dust settles first ,just my opinion don't buy or sell on the knowledge of this poster.
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