OTCPK:EXSFF - Post by User
Comment by
groovin123on Apr 30, 2008 12:03pm
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Post# 15023365
RE: Allrighty then....
RE: Allrighty then....I say go for it right now. It is a HOLD. It has been beaten down hard by the shorters, but they did alot of covering yesterday, stock should test previous highs of $28 over the next few weeks, rumours of new contracts with Sunpower or BP Solar. Lots of US buying confirms something is on the up and up.
Last few days have been very volatile, wouldn't have recommnded entry unless you are a VERY STRONG daytrader AND have balls. I think coast may be clear now. I would go in 1/2 or 1/3rd position now. Coast may be clear for those that prefer to "buy and hold" rather than "trade the SH*t out of it like a 2 dollar hooker".
Upcoming solar conferences, new director of the board, quarterly financials out soon.... good news 'a brewin. Almost 5 million short positions - shorters covering may push stock above old high of $28.50. American Bulls will give it a technical "BUY" tonight if it holds, which it should, then it will GAP and go squirrely.
I sold half my position at 18.50 then realized what the he#* was going down so bought it back at $18.91. Sometimes it pays to play it safe, othertimes you screw yourself a bit. As long as you are right more than half the time, you will be profitable.
I know this stock like the skin under my nuts, BUT, take all this as OPINION. Please and thanks.