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

Spdr S&P Oil & Gas Exploration & Production Etf > Massive buying $$$$

<< Previous

Bullboard Posts

Next >>

Comment by good40on Jan 11, 2021 12:39pm

169 Views

Post# 32267628

RE:RE:Massive buying $$$$

Hedge funds make those kinds of decisions snakebite. Hadron is a hedge fund, alternative trading strategies with about $350 million private investor money.

They bought in at .2p with a half warrant attached for .26p

I seriously doubt this will be managed for the long term and can be sold for a 50% profit below
a half cent Canadian.

If you're looking for comparables, look for other companies in the Powder River Basin, such as Cuda Oil and Gas. V.CUDA ... even with miscible flooding, 15 new wells increased production by only 53 bbls/d. They lost $3.7 million for their last reported quarter.

Can't find any that did show a profit. How about you snakebite ?

<< Previous

Bullboard Posts

Next >>

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide