GUID (Guidance Software Inc)

I am taking another stab at this name as it has rebounded above the IPO price of $12 and seems to be bringing in some volume with the positive trading. I believe the weak holders have been purged for the most part and now as investors begin accumulating positions, the name should show more stability. The group (software / enterprise) is in a positive trend and that should help drive interest in the name.

Jan 26, 2007

The market had a good day Wednesday and yet GUID did not participate. I'm becoming wary of some of the internal technical measures that i follow so i decided to reduce exposure and turned out this name in order to raise some cash. I ended up losing about 12 cents per share plus commissions so while it was a loss it wasn't a significant drain.