Replies to post #1619 on Dex One Corporation (DEXO)

[ClarkKant]

If you look at their Q's/K from last year, you will see they are right on track, possibly slightly ahead of their eliminating/restructuring their debts and growing their sales.

The CEO has already stated that the company won't be profitable until 2012 which is this year so lots of people watching IMO.

[rightothesky]

Well, it seems there is a real push to keep this down currently. 1.37 and 1.27 are the next support lines. Whats surprising is this company has been getting their act togeather and trying to manage their debt. They are switching from old style to new style and making money. The problem is this is a low float stock currently with not alot of daily volume so can be moved easily if need be. Other issue is the 2.3B, I believe, debt they are in, which is why the market hasn't quite jumped on board yet. See if it bounces up over this 1.44 support line, if it does may be a good time to buy, if not wait until 1.37 support and see if that holds. Good luck!!