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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: George8 who wrote (193165)3/25/2009 11:35:51 AM
From: John KoligmanRespond to of 306849
 
I've had my eye on X when it broke 20 recently, last week a couple brokerages issued reports stating that X would violate it's debt covenants later this year if things didn't get better. One slapped a 14 target on the stock. So, over the past week, it promptly rose almost 50% to 25... I like trading small float but active issues when I can find them, with 100m shares out there X is one that moves around quite a bit and fits the bill...

Regards,
John