EXS 0.00% 26.0¢ exco resources limited

Good point hooter, that would throw a spanner in the works if...

  1. 2,474 Posts.
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    Good point hooter, that would throw a spanner in the works if anyone is trying to cheapen the company.

    Oz, we are all allowed to make assertions, and if it is qualified by reasoning that good posting IMHO.

    A difference is that many assertions are qualified by "I think" or "I wouldn't be surprised" because of X,Y or Z.

    You have made an assertion in your first sentence "the volumes are coming from simple profit taking" with no qualification ...how do you know that as a certainty?

    Most of the comment has been similar to "I wouldn't be surprised if someone is trying to keep the price down while they consider a takeover offer -especially now that we have reached cash backing (after sale)"

    IMHO this qualified assertion is not unreasonable in the current climate of wild west; lack of regulation; ASIC are waste of space.

    Having said all that: no angst towards you ...your take on things may be the correct one.


    Cheers,
 
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