vagabond52: Thx for your comments on EXDS. I am still holding it, almost pulled the trigger around 1.70 (bought in at 1.26/sh), but I believe there is a chance for this overall market to rally a while longer, and I want EXDS and my other longs to get close to a bearish crossover from a high d stochastic on dailies and other techical signals such as bearish divergences or double tops, etc, so it is too early to sell from that standpoint.
I don't place too much emphasis on the rumor of a takeover and bought it because I believe the market has a decent chance of rallying for a couple of weeks, and because if EXDS doesn't go broke, it seems worth more than a buck. If the market continues its up trend for a couple of weeks or longer, then EXDS could reach 2 bucks, don't you think?
A lot depends on what the technicals on the overall market say on Monday, and possibly on Tuesday if Mon signal is unclear. |
