Cross Border Resources, Inc. (XBOR)

[Ed Ajootian]

Real-time quotes for XBOR are available for free at http://www.otcmarkets.com/stock/XBOR/quote . All XBOR fans should have this page bookmarked IMO.

I was talking oil stocks with a buddy of mine the other day, who follows these stocks very closely, including the junior companies, and I mentioned XBOR, at which point he laughed. When I asked him why he laughed he said they have a great story and have huge potential but they basically don't trade since no one is making a market for the stock. At that point I mentioned the fact that XBOR is listed on the OTCQX and thus has several very active market-makers posting quotes on the stock. The bid/ask spread was pretty wide initially but it's tightened up substantially in recent weeks and currently is not much different than, say, a thinly traded Amex stock.

He then said "what are you talking about --- when I go onto Yahoo it says "NA" next to the bid/ask". I responded that Yahoo doesn't pick up the quote feeds for the OTCQX stocks for some reason, and that you have to go directly to the otcmarkets.com site to get the quotes. He was stunned, and said that he definitely would be buying some XBOR stock now that he sees that there's a real market being made in the stock.

This started me thinking (I know, that could be dangerous!). I wonder how many other potential XBOR investors out there are shying away from the stock just because Yahoo and other financial websites have dropped the ball and have failed to pick up the OTCQX quote feed. In light of this, I wonder if XBOR should add some sort of statement to its next PR, which would reiterate that they are listed on the OTCQX market and that it has come to the attention of company management that not all the financial websites are picking up the OTCQX quote feed, so that interested parties should go to the otcmarkets.com site for free real-time quotes on XBOR. Also, XBOR should consider adding a statement to this effect at the tag lines which come at the end of every PR they put out.

Sentiment : Buy