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Xide

zebbers said: "Xide dropped ~27% or $1.09 due to an SEC form release detailing their reduced EBITDA. This will put them into default with their creditor if they don't renegotiate their terms. I think they do renegotiate, and I feel this was an overreaction. Bought and will wait for news (hopefully good) on the status of their credit."

Moretzdl said: "this stock looks good to me..they recently had insider purchasing, and the only reason most insiders buy is because they expect good earnings and high prices...it looks like this stock hoovers around 2-4 dollars, which is a good thing and a bad thing....im prob gonna just buy 100 shares and see what happens...make some money...but i think this is a good stock if you get into it now...."

zebbers said: "Yeah...they just inked a 10mill deal with BMW and like I said, I feel this drop is a major overreaction. Exide is a big company and, despite this past quarters performance, I think their creditors will work this out with them. Unfortunately, I got in at 2.91 but still...even if it only regains 50% of the loss, it's a nice return. :)"

zebbers said: "boy am I kicking myself for the 2.91 buy :-/. I guess I'll file that as a lesson learned. Hopefully the next few days see it closing up a little.."

zebbers said: "I officially suck. :)"

zebbers said: "Well...I know I'm pretty much talking to myself...but this is what I was hoping for, I hope the market reacts well to this and I can get out as close to even or plus as possible: [url]http://www.sec.gov/Archives/edgar/data/813781/000129993306001865/0001299933-06-001865-index.htm[/url] Basically, as I thought...they worked it out with their lenders so they will NOT be in default when the quarter ends. Now...as their earnings expectations weren't *that* far off for the previous quarter, I believe their decline was mainly due to the threat of default. Now the threat is removed...lets hope for some upswing."

zebbers said: "Response is slightly positive. Jumped to 2.75 early but has settled down and floated in the 2.65 range all day. I'll take anything positive today. Was hoping for a better reaction but maybe it just needs a some time to recover from the initial downgrade."