Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (43226)	10/26/2011 1:31:08 PM
From: E_K_S	Read Replies (1) \| Respond to of 78702

EXCO Resources Inc. (XCO) Do you see XCO at a value buy at current prices? The recent low was just below $10.00/share. Stock up over 12% today with no real news and trading 2x average daily volume so far today. Insider Monkey: Wilbur Ross Buys More EXCO Resources, Ticker XCO Tuesday, October 18, 2011 crudeoiltrader.blogspot.com From the article:"...Wilbur Ross’s Invesco Private Capital (WL Ross & Co) filed Form 4 on October 17th for its insider purchase in Exco Resources Inc. (XCO). Invesco Private Capital is XCO’s insider and largest stakeholder, and the firm reported 26.78 million shares, or 12.5% activist stake in XCO in its last 13D on August 31th. According to the Form 4 disclosure, Wilbur Ross bought 7,900 shares at $9.99 on October 13th. Although this is just a small purchase he made recently, Wilbur Ross has filed totally 4 insider purchases in XCO since September. XCO is now trading at $11.62, still near its 2 year low....". -------------------------------------------------------------------------------------------------------------- I wonder if Ross is upping his position again? EKS