Exide Technologies fka EXTC

[keekee]

Can't believe this thing came down to 20 cents again despite the business essentially being stabilized, the company having won and/or reached agreements in virtually all legal challenges, Vernon running at full capacity, and the company managing the bk process. With close to a billion dollars in assets of liability...you got to be scratching your head for a scenario in which shareholders don't end up with at least $200 million. That is still over a thousand percent from current. Maybe end of year tax selling is it...I believe that's likely because of the paucity of volume. But my guess, is a major trade would happen here sometime early in 2014. I don't have that much right now...only 5000, but will look at taking more positions closer to month-end and early 2014.