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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (39869)	11/1/2010 1:22:38 PM
From: E_K_S	of 78778

EXCO Resources, Inc. Exco Resou(NYSE: XCO) Even with the buy out offer, stock is said to be valued at $29.00/share. Exco CEO Proposes $4.36 Billion Buyout of Company noir.bloomberg.com From the article:"...“It’s probably a good time to do this,” said Deacon, who rates the shares a buy, owns none, and estimates they’re worth $29 based on the value of Exco’s assets. Gas producers in North America need $5.60 fuel prices to get an economic return and the stock market isn’t “willing to look that far forward,” he said. ..." ==================================================================== Sold 30% of my XCO shares and increased my GMXR position by 25%. If NG prices eventually move higher to $5.60 then GMXR should run much higher than XCO. EKS

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