Exide Technologies fka EXTC

[detearing]

IMO, getting in a stock in Chapter 11 is high risk. I don't recommend putting in more than 5% of your portfolio. This after I loaded pretty big on AAMRQ and today it comes out as AAL...great and probably not many more in my lifetime will I see that kind of return.

XIDEQ sounds good to me, but I never have the time or expertise to analyize the financials. I am a big picture investor. I am not an expert in batteries, but know that the World needs them and Exide is a big contributor.

Getting in at this level may be near the bottom, but I recommend to wade in slowly over a period of months...planning to average down is probably wise, as these can pop or drop quickly.

This could be near the bottom or we may have just seen it last Friday, no one knows. I have put some money that we be higher in a couple of years after the Q drops off and commons survive.

If commons do not survive for some reason, this would instantly drop to below a nickel. Currently, public information has more assets than debts. That changes and I will sell, and probably only for .04. So, high risk, yet in a few years, this could be multiple dollars...