Replies to post #1788 on Exide Technologies fka EXTC

[detearing]

You may want to move your investment to low risk ko. I have most my portolio in big board stocks day trade about a hundred times a day and play a few firecrackerx.. This is a firecracker in my portfolio...one that can make get me a new tsla. Too much upside and yes it can move sideways for a while and perhaps an investor can get lucky putting it temporarily into something else..do you feel lucky? I don't.

Every stock that has popped, including this one from .13, came as a surprise to me and everyone else...l invest in big picture potential and keep my eye on the horizon...

Xide is one of largest battery manufacturer's in the world...aint goinz no warz...assets more than debts...commons most probably will survive...huge and l mean huge upside for the risk...

[big-yank]

Exide updates their metrics for the court, monthly. With Vernon reopening, I expect the GM will be improved from the August disaster, but the top line and other costs will not be improved and the cost of bankruptcy proceedings is likely enormous. The last report showed that shareholder equity declined by 2/3 since the BK filing commenced in June. I expect that it will be virtually wiped out with September numbers.

This stock IMO will be dead money until mid-2014 without unexpected news which could be either good or bad. This is a speculative daytrade. It is NOT an investment.

[big-yank]

Off balance sheet risks are huge with Exide. Simple, casual DD on this one will leave you exposed to huge risk of share cancellation, IMHO.

[big-yank]

Owning Exide stock is like detouring from reality. You can do better, elsewhere.