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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (55426)6/8/2015 1:38:38 AM
From: Jurgis Bekepuris  Read Replies (1) of 78667
 
XCO balance sheet and cash flow statement looks even worse than SFY's. Equity is pretty much gone. Do you know what is their creditors attitude? Are they being flexible or is this going to BK any day?

Of course, XCO is bigger than SFY, so perhaps there's higher chance that someone might buy them. I wonder how Wilbur Ross ended up in the common...

It also might make sense to diversify bonds between XCO and SFY a bit.

Currently no plans to buy XCO bonds.
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