TXCO..
I remember it at $7.90 and actually bought some.. But 10 days later I was out from what I see in another post.. Those were the days of ALY and the stocks below in my Ngas producers index.. It got lost when I wiped a hard disk.. hank
Posted by: 10 bagger
In reply to: None Date:9/29/2005 11:45:30 AM
Post #of 82849
ALY.. UP 1.23 TXCO,TXCO,TXCO
Aly as I had thought has finnaly sold thru the freeriders on the 9.75 offering and is up 1.23 at the moment..
I ran across a new NGAS stock last night,,TXCO-- Don't know much about it except that it has positive cash flow,, TXCO sold 20% of a promising producing NGAS prospect to ECA for $80,000,000.00 or aprox $2.80 per share... TXCO prior to the sale had a book of 2.80.. If ECA were to buy the rest it at the same price paid would be an additional $11.20 per share..Bought some this am,,, and it seems to be moving on high volume...hank
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Posted by: 10 bagger
In reply to: 10 bagger who wrote msg# 25660 Date:10/14/2005 11:26:42 PM
Post #of 82849
Natural Gas Producers INDEX...10/14/05... While they are not VM's for the most part they represent what I believe to be the best or the most liquid trading stocks that are Ngas Producers.. Hopefully this index will give an indication where the Ngas Producers are heading...
Below is a list of the companies that I follow and trade in stocks that are Ngas producers.. I have made an equal weighted index of 13..Most are 25% or more OFF thier highs of 30 days ago...I will post from time to time the value of that index.. Today the index was up 4.16%% and was in my opinion hedge fund and bottom fishers moved... I did not participate..The index starts as of tonight's close...
ASPN 6.74 +0.39
BR 70.06 +1.69
CHK 32.60 +0.85
EAC 34.30 +3.39
ECA 49.16 +1.80
EOG 66.93 +1.03
EPEX 21.75 +0.91
HAWK 13.00 +0.67
RRC 34.00 +0.74
SWN 68.13 +2.37
TXCO 6.88 +0.32
UPL 50.55 +2.00
XTO 41.08 +0.98