GREY:XEBEQ - Post by User
Comment by
tamaracktopon Feb 10, 2021 10:48am
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Post# 32524778
RE:Sellers
RE:Sellers What a curious thing to be curious about. What difference does is make?
Given that the stock only traded above $10 for the first time slightly more than a month ago, on January fourth when it hit a new high at $10.07, and given that the first ever close above $10 was less than a month ago, on January thirteenth, I'd suggest most sellers are in a profit.
Unless of course some traders who bought within the last 3 weeks and who don't have any idea what they're doing are taking losses here, which is a distinct possibility.
I get the sense from reading posts here that some are getting antsy-pants. That's pretty funny. Just relax and be patient. A renewed period of strength is coming as sure as the sun will rise tomorrow.
In the meantime, Xebec's survival until then isn't dependant on anyone watching every trade. It will still be here, and management will still be there working hard for you, even if you just check in every now and then.
As long as we hold above a closing price of $9.52, everything points to this being a brief pause in a strong secular trend.