Also bought on Tuesday was stock in another company traded on NASDAQ. Dyax Corporation has been around since 1989 and is headquartered nearby in Cambridge, MA. Purchasing 10,000 shares at $1.44 was risky because it was really a guess that DYAX was ready to turn around from its downtrend as Figure 7.18 displays, but only $14,400.00 was invested and just the nature of countertrending is risky.