Xinde Technology Company (fka WTFS)

[Waitedg]

Looking at the trading today. We started off near the .06 level and drifted down to the .052 level on pretty good volume. I don't think there is much short covering left--but there could have been some short covering that brought us back up to near .06. Don't know. There is still weakness here. We will have to see whether .05 holds as support until the earnings come out. If not .04 is next support--and an oversold condition could lead to a couple of days down at .035. Not predicting--just waiting--and hope to sell another position to have some "dry powder" here. Waitedg