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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (45160)2/10/2012 2:46:55 PM
From: E_K_S  Read Replies (1) of 78714
 
EXCO Resources, Inc. Exco Resou (XCO) -NYSE
finance.yahoo.com

Date InsiderShares Type TransactionValue*
Feb 6, 2012 WL ROSS & CO LLCBeneficial Owner (10% or more)4,288IndirectPurchase at $7 per share.30,016
Feb 6, 2012 WL ROSS & CO LLCBeneficial Owner (10% or more)4,288IndirectPurchase at $7 per share.30,016
Feb 3, 2012 WL ROSS & CO LLCBeneficial Owner (10% or more)860,712IndirectPurchase at $6.95 per share.5,981,948
Feb 3, 2012 WL ROSS & CO LLCBeneficial Owner (10% or more)860,712IndirectPurchase at $6.95 per share.5,981,948


Started a very small tracking position. My strategy is to accumulate shares w/ the idea that I am buying the actual asset (w/ a dividend), hoping that in 18 months NG will be at higher prices.

Wilbur Ross continues to Buy w/ large buys at $7.00/share and $6.95/share as recently as February 3.

Got my tracking buy at $6.95/share. I noticed that the stock did trade around $4.50/share at the depth of the "crash" in 11/2008.

Still really lucky I sold my previous lots at $20.00/share and now have the opportunity to pick up those same shares at $7.00.

EKS
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