Some Abraxas Petroleum (NASDAQ:AXAS) Shareholders Have Taken A Painful 92% Share Price Drop [Yahoo! Finance News]
ABRAXAS PETROLEUM CORP (AXAS)
Last abraxas petroleum corp earnings: 11/13 02:24 pm
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US:NASDAQ Investor Relations:
abraxaspetroleum.com/invest.aspx
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Source: Yahoo! Finance News
Some Abraxas Petroleum (NASDAQ:AXAS) Shareholders Have Taken A Painful 92% Share Price Drop We're definitely into long term investing, but some companies are simply bad investments over any time frame. We really hate to see fellow investors lose their hard-earned money. Imagine if you held Abraxas Petroleum Corporation NASDAQ:AXAS We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson. Check out our latest analysis for Abraxas Petroleum While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share EPS) with the share price movement. Abraxas Petroleum became profitable within the last five years. That would generally be considered a positive, so we are surprised to see the share price is do
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