I think that AAPL, JNPR and NEWP are in buying range here. If the we get a solid whack early next week, these three could be gotten for a little less and even IRF should get into buying range as well as EMLX, IMHO. If you are looking at high risk situations, getting back onto the Bu$$ at 1/20th of what you sold most of it could be interesting as well. RMBS could probably be bought again next week in the low $5.00 maybe even high $4.00. SCON and CDTS have more to go (assuming the drop early next week.) As far as EXDS, who knows where it will stop, it is trading as if it is going bankrupt, and frankly, that is not something I expect in the next 6 months, but if the fear of such an event spreads into the market, they may have massive desertion of existing customers, and that by itself could precipitate problems. Very risky here, but if they survive, they could easily go to 1 time sales, which should be more than $2/share. Of course, by the time we know the answer to survivability, the stock will already reflect that. I would probably try for another run if I see the volume rate getting to the panic level (like 30 MM shares in the first hour or so, or an indication that more than 100 MM shares will trade and the price is not sinking despite the high volume. So far, I am not seeing this and we are already at $.40, maybe $.25 will be the place.
Zeev |
