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| Small & Midcap Stock Forum Small & Mid Cap Stocks exchange between one and ten dollars, and usually have capitalizations of between $300 million and $10 billion. |
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06-09-2009, 08:39 AM
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Super Moderator
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Join Date: Jun 2007
Location: Alabama
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XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
This stock is Ru's current pick. Closed yesterday @ 4.92 but in 2006 XTXI was over 90.00. As recent as 2008 it traded above 30.00. This one may take some patience but could offer some nice rewards.
Energy plays are getting alot of attention so hopefully we will make some nice green here.
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06-09-2009, 08:43 AM
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Super Moderator
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Join Date: Jul 2007
Location: Cincinnati, Ohio
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
Yummy....this one looks good, I like energy right now.
XTXI - Crosstex Energy, Inc. - Google Finance
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06-09-2009, 09:38 AM
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Super Moderator
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Join Date: Jul 2007
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
I'm in a 5.00!
__________________
Disclaimer: Any stocks I comment on are my opinion only. Play the stock market at your own risk!
Bottom Plays: RIG BP BIG
SMC - THE BEST STOCK MARKET FORUM
FREE LIVE CHAT if you join Stock Market Cats
"A government big enough to give you everything you need, is big enough to take everything you have." - Thomas Jefferson
NObama 2012!
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06-09-2009, 09:39 AM
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Jedi Padawan
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Join Date: Aug 2007
Location: ChinaTown, New York City :)
Posts: 125
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
In @ 5.00 
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BRAVERY Don't Be Afraid To Stand Up Against Your Problems
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06-09-2009, 04:06 PM
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Super Moderator
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Join Date: Jul 2007
Location: Cincinnati, Ohio
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
Closed at $4.79....of course, I bought it at 5.00. LOLOLOL
The volume is pretty weak, I'll hold for awhile but I was hoping for a quick in/out.
__________________
Disclaimer: Any stocks I comment on are my opinion only. Play the stock market at your own risk!
Bottom Plays: RIG BP BIG
SMC - THE BEST STOCK MARKET FORUM
FREE LIVE CHAT if you join Stock Market Cats
"A government big enough to give you everything you need, is big enough to take everything you have." - Thomas Jefferson
NObama 2012!
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06-10-2009, 09:05 AM
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Super Moderator
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Join Date: Aug 2007
Location: Kingsburg, Cali
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
I'm not in but watching.... news on the yahoo site this morning;
To sell Mississippi, Alabama, South Texas assets
* Deal for $220 mln * To use proceeds to pay down *
June 10 (Reuters) - Crosstex Energy LP (XTEX.O) said it agreed to sell its assets in Mississippi, Alabama and South Texas for $220 million to Dallas-based natural gas transportation and processing company Southcross Energy LLC.
The Mississippi and Alabama assets consist of about 780 miles of intrastate gathering and transmission pipelines, and the South Texas assets consists of about 1,400 miles of intrastate gathering and transmission pipelines.
These three systems generated gross margin of $12 million and operating expenses of $4 million for the first quarter of 2009.
Proceeds from the sale will be used to pay down more than $200 million of the partnership's debt.
This will satisfy the targets for debt reductions in September 2009 and December 2009 established in the recent amendments to its debt facilities, Crosstex said in statement.
The stock closed at $3.99 Tuesday on the Nasdaq. It has traded in the range of $1.10 to $30.99 in the last one year. (Reporting by Hezron Selvi in Bangalore; Editing by Anil D'Silva)
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I'm a carburetor guy in a fuel injected world.
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06-10-2009, 09:13 AM
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Jedi Padawan
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Join Date: Dec 2008
Posts: 25
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
Just saw that come across the wire, should be interesting to see how this plays out.
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06-12-2009, 01:05 PM
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Super Moderator
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Join Date: Jul 2007
Location: Cincinnati, Ohio
Posts: 11,243
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
$5.44 today! 
__________________
Disclaimer: Any stocks I comment on are my opinion only. Play the stock market at your own risk!
Bottom Plays: RIG BP BIG
SMC - THE BEST STOCK MARKET FORUM
FREE LIVE CHAT if you join Stock Market Cats
"A government big enough to give you everything you need, is big enough to take everything you have." - Thomas Jefferson
NObama 2012!
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06-12-2009, 04:12 PM
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Super Moderator
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Join Date: Jul 2007
Location: Cincinnati, Ohio
Posts: 11,243
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
Looking good, stock closed at 5.40 today!
__________________
Disclaimer: Any stocks I comment on are my opinion only. Play the stock market at your own risk!
Bottom Plays: RIG BP BIG
SMC - THE BEST STOCK MARKET FORUM
FREE LIVE CHAT if you join Stock Market Cats
"A government big enough to give you everything you need, is big enough to take everything you have." - Thomas Jefferson
NObama 2012!
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06-12-2009, 05:43 PM
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Super Moderator
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Join Date: Jun 2007
Location: Alabama
Posts: 4,774
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re: XTXI - Crosstex Energy, Inc. (NASDAQ Stock)
Quote:
Originally Posted by BadThad
Looking good, stock closed at 5.40 today!
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This one is just getting warmed up (imo). Nice day today hopefully followed by several more.
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