Aldila (OTC: ALDA)

Aldila (OTC: ALDA)

Postby iam802 » Tue Mar 23, 2010 11:55 am

I came across this company about 2 years back ...

Notes:
- very niche market
- leading supplier of golf shafts (most major golf brands use their shafts)
- very low volume traded (average 39k)
- was previously listed on NASDAQ; management move it to OTC to reduce cost (Jan 2010)... in compliance and listing cost
- At that time, ALDA was in no danger of being delisted as its share price was trading at 3.9+ vs the likes of other companies that has received bailout
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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