Mexco Energy Corporation (MXC)

[littlefish]

After seeing AYSI's #s I am actually more bullish on them short term but things fluctuate with margins on them. With MXC I am thinking we are close to fairly valued until we get specific structure on their Tarrant Cty wells. I sold a little MXC and bought some AYSI. But MXC is still without any question my #2 position still (was #1 last week).

Hopefully we get that push into the mid teens on earnings and then maybe squeak into the IBD list to draw in a lot of attention to sell a bit into. Or maybe the Aug report and hurricane season will egt us into those mid teen #s 9as logn as nat gas keeps it up).
At any rate, the structure of the company is one where I'm willing to hold a decent position long term like I am AYSI.