Xinde Technology Company (fka WTFS)

[TreasureCoasting]

Waitedg, I don't know but for now it looks like .05 is a pretty solid support level and bringing in buyers like me. I'm often surprised at how determined and persistent some sellers are at driving down price so you might be right.

My guess is there's a fairly large short interest right now and the real question is when will they cover. I think they're nuts if they don't cover now. But I don't expect to see a serious short squeeze until we retrace a few cents north of here.

I haven't bailed and actually added a little more today. I kinda' like the light volume and it looks to me like the sellers are pretty much done. We'll see.

Getting back to my previous post, the fundamentals are solid and Xinde Tech. is stellar - and I'm patient.