"The company is still finishing tax modules for several US states." (NBR piece linked above)
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As a business owner, I'm unconvinced that price is driving factor with accounting software. The extra few bucks a month for what is convenient and efficient gives more than it takes.
Well, an interesting day for XRO, with a poor NAZ overnight and a few analysts revising their estimates.
Also weighing on XRO may be the price chart which has now taken out the double bottom lows of Aug & Sep and currently testing support at just over $19 - being the 61.8% fib retrace of the entire move since early 2012, and coincidentally(?) also the 100% fib retrace of the breakout from Oct 2013. Technically this should be a strong support, however with only weak support at $18, $17 is the next really significant price support under the fib retraces.
Attachment 6318
Lucky you. My about to expire long time order got hit very early this morning on 2050. I don't mind as I've sold a lot when they we're at high 40's. Just returning some dough back to the market. I'm still buying on what I can get at the best price though. Just keeping faith to the story :p