XRTX

XRTX fell by 4.8% today with a fairly high volume, not a good sign in front of its earning report tomorrow after market close. Is this just a reflection of the slow and weak NASDAQ market, or something more sinister? The above-average volume is worrisome. On the other hand, it is hard to imagine that company will miss its earnings, given it increased its outlook at the end of Q1/06. I suspect that a lot of weak hands do not want to hold position in front of earnings. I believe the company will report strong results and outlook will remain positive. However, even a strong earning report with a positive outlook may not be sufficient to raise the stock price. Such is the market sentiment!


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