Sunday, April 22, 2007

DivX - one of the IPO's 2006


DivX (DIVX) is currently trading near its lows since it's IPO on September 21, 2006. Looking at the chart pattern, the recent double bounce off of support could indicate a turn around. This stock has been taking step down from its high at 31.89 all the way down to 19.47, so much that people have forgotten about it.

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