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Re: iandy post# 582

Wednesday, 04/02/2014 11:10:41 AM

Wednesday, April 02, 2014 11:10:41 AM

Post# of 1794
This won't bounce due to any fundamentals (at least not right away) this will bounce since it fell 80%. Like I've posted it's not time to buy yet because the trade to is WAY to slow right now.

That's what I don't understand. The stock was trading for 2 bucks a share and the run-up was almost solely on the Imagine trial that just failed. The HD results were not impressive and everything else is pure speculation. Why anyone would pay more than 2 bucks a share is beyond me.
I'm not saying buying on weakness is a bad idea. I just bought some Exel. I just don't think the fundamentals here are even decent.
Your dead cat bounce might have been this morning and it has yet to find a bottom.