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Monday, March 14, 2011

XING is on top of the 200-MA. If a move is going to come in this stock, it has to be now. It's important for the stock to close above $1.85 from here on.

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2 comments:

  1. UnknownMarch 14, 2011 at 5:58 PM

    what would the worse case scenario be for you in this XING? it over 10 years old so I know it can stand the time...but standing the hurt is a different matter. i agree. $1.85 from here on out but this stock can dip if the market goes down again on Japan...if the nuclear plants go bad, it cold affect alot of stuff. not critizing.

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  2. yourfinancialbloggerMarch 14, 2011 at 6:29 PM

    Worst case for me is that I sell it for a loss. (Currently down 14%). But it's just part of the game when buying small cap stocks. Bigger risks for bigger rewards. I just allocate a smaller portion of my portfolio into them to compensate for the risk.

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