Sold AXPW (+12%) and XCO Bond (+7% plus interest)

Should have sold AXPW a few days ago when it was up over 20%, but made a little money anyway today. Update: I also sold EXCO RESOURCES INC NOTE 07.50000% CUSIP 269279AD7 because I lack confidence that they will be able to refinance next year with nat gas prices being so low (reduces the value of their resources which affects their ability to refinance).

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Sold AXPW (+12%) and XCO Bond (+7% plus interest)

Should have sold AXPW a few days ago when it was up over 20%, but made a little money anyway today. Update: I also sold EXCO RESOURCES INC NOTE 07.50000% CUSIP 269279AD7 because I lack confidence that they will be able to refinance next year with nat gas prices being so low (reduces the value of their resources which affects their ability to refinance).

Comments are closed.