Originally Posted by
turmeric
The trouble with XRO, IMHO, is that it has been hit very hard by the big sell off in many NASDAQ listed companies over roughly the last two weeks. For example check out the likes of FB (down 15%), Pandora (-20%), NetFlix (-20%), Amazon (-8%), LinkedIn (-8%). It's also interesting to compare XRO with arguably more similar companies such as N, CRM, and WDAY who are all down from between 12 to 21%.
So seems to me that to a certain extent the XRO SP has been following a similar trend all be it holding up better than most; XRO is down about 10% over the same time period.
People looking for entry prices with XRO might therefore be best to have a think about where they anticipate the NASDAQ is heading this week and over the short term.