EXPH - Looks To Have Found A Bottom

A quick look at EXPH's chart will show a stock that has been on the downfall for the better part of nine months. The proverbial, "don't catch a falling knife" term fits the bill here, which is always a good way to trade. Catching a falling knife carries tremendous risk although risk takers can be rewarded with sizeable gains. This is why I think now is the time to take a stab at this one, before it changes its trend and heads back higher. The bottom looks to be in and the risk of more bloodshed is a lot lower than it was months, weeks, or even days ago.
EXPH was a high flyer later last year, the company was releasing news to the public and investors were busy gobbling up shares of the stock. Since then momentum has died out and the stock has crumbled back down to where it original rallied from. EXPH has shown investors that it can run with positive news and steady buying volume.

The fact that this stock went from the triple zero's, where it is at now, to over $.04 a share, shows that EXPH has the potential to post big gains in the future. History does tend to repeat itself and the majority of these stocks have more than one life in them.

Now add the bottom play factor along with today's positive news release and the potential upwards move gets a little more believable. Consider that the company is anticipating $2 - $3 million in revenue from today until August 31st. This is a hefty figure for a stock trading at $.0006 a share. I think its fair to say at this stage this stock is way undervalued and that the selling has gone far beyond reason.

I do believe this stock will bounce, and with continued positive news and revenue growth that bounce will turn into a significant trend higher. Add EXPH to your watchlist , this is a knife worth catching.

Today's News:

Expo Holdings, Inc. Provides Update and Limited Forecast
NORTH WILKESBORO, N.C., Jun 02, 2010 (BUSINESS WIRE) -- Expo Holdings, Inc. (Pinksheets: EXPH - News), provides the following update as well as a short term sales forecast.

The company is moving rapidly to fill orders related to the Builders Choice agreement. Approximately $260,000 in orders is at some stage of our operational process. Expected delivery of two small orders is scheduled for this week, with several larger orders expected next week. The company expects to complete most of these orders within 30 business days. Additional residential related orders are in house and scheduled for later dates. More residential related orders are expected in the same 30-business day period as the cycle of measurements, in-home presentations, confirmation of design, and selling opportunities continue.

Installation of our new spray booth is progressing and should be completed this week.

The company anticipates total company sales of two to three million dollars from now until August 31st. The company cautions shareholders that sales are a moving target and sales may move up into a shorter period or back into later months depending on our customers needs. This limited forecast is provided based on management's best estimates.

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

SOURCE: Expo Holdings, Inc.

CONTACT:      

Expo Holdings, Inc. Glenn Harrs, 336-667-8765