One of the best grifts and organized short manipulation I have seen in a very long time. Stock trades at $2.60 a share. Company announces it has $20million more than previously thought for Q-4 has $230million total liquidity and has hired Lazard for a financial review and boom Hedge funds broadcast the dinner bell and proceed to rip apart $200million in market cap...You do not need to be a stock guru to see through this #$%$. Buyers will flood into XIDE this week. Friday Shorts poured more into the market. We are at almost four days to cover so ALL of next week will be green, except or Monday, close down or at near.
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
4/30/2013 1 0,270,260 2,826,499 3.633562
Agreed. Looks like your incorrect on the Monday part though. trend will be up for the most part this week.
News would be icing on the cake.
the seeking Alpha article on it being a speculative buy responsible for today ... imo