Exide Technologies fka EXTC

[bruce4653]

I watch most of the order volumes and very few are abouve 25,000 shares (less than $5000 investment). It's all the little investors betting on a hunch that there will be good news tomorrow.
Chapter 11 will take a few months to shake out with resulting debt write-offs.

Once Chapter 11 results are final, profits will rise due to debt and interest write offs. Stock will move up in chunks when that happens. The prognosis is almost always good for stock appreciation after filing Chapter 11 because all the irritional "investors" bailed unneccessarily due to their knee jerk reaction to what is usually good newsfor profitability in the future. That drives the stock to the bottom. This is a good 1-2 year stock play. 5-15 times ROI.