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Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W


Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).


ARCA:XOP - Post by User

Comment by AJMCon Apr 09, 2013 2:23pm
256 Views
Post# 21232497

RE: RE: RE: Guestimating our worth

RE: RE: RE: Guestimating our worth

Safe to say that there are tens of quality junior oil co's followed by hundreds of analysts which are supported by thousands of investors.  The thinking that this story needs only to get on the radar is HUGELY flawed.  Logic demands now that this thing won't budge until Exxon punches down a hole and displays the findings!  Everything else is just leprechauns and unicorns!  Need evidence?  Take in a statement with 100K shares of XOP and try to arrange a mortgage based solely on that.  Ain't nothing but $23K worth of potential.

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