Lastly, XRO where we again hold a 7% position which we are looking to trim back towards 5% with the $100 area still our optimum target area which is realistic for this extremely volatile stock.
- Again we like XRO but it’s proven to be vulnerable to valuation contraction as interest rates rise hence 7% is a large exposure.
MM is looking to trim our XRO position ideally ~$100
Add To Hit List
