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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Skipperr who wrote (34)8/28/1998 9:23:00 AM
From: Evan Dimmer  Read Replies (1) | Respond to of 43080
 
man.......this thread is like "SI Hall of Fame".......wow!

anyway, does anyone have an opinion on Exide (EX)?

Looking at the chart, it's gone down steadily since the beginning of the year from around 25 to now 11. Last Friday (and even early this past Monday) EX was up on takeover/short covering rumors. EX has a rather large short position. Also, good news could be a VERY cold winter, good for their battery sales.....

I hate to catch a falling knife, but wanted to get someone elses opinion first.....

Thanks, and good luck on the thread Last....

Evan