FormerXBC Inc XEBEQ

RE:RE:RE:RE:RE:RE:RE:RE:Today, next week, next month...

[whognu1]

hey krony:

no conflict, no hipocracy

it is all dependant on your time frame

i have short term trades (say 10-20%) and long term investments (the rest)

for more than a year i have listened to the 'market' as it has plainly told us that XBC is uninvestable as evidenced by the 'woosh' from $11 - .58 

in all downtrends there are countertrend rallies (from oversold) and rallies based on fundamentals/news

while i did not take any meaningful position on the obvious downtrend, i absolutely took a few trades, trying to take advantage of  a couple of these rallies

every time they failed, mostly due to execution and i closed quickly, losing a few G's here and there

so here we are, in my opinion still uninvestable until the downtrend is broken

i beleive we are close, yet will await to become an 'investor' once again

and to answer your next question, i think a move (and closing for a week or more) over $1 - $1.20 would be awesome and i would potentially take a real position

similarly, given volume is drying up fast, and if there is no news, then i will probably buy lower (for a trade)

caught way too many falling knives in my time.............

good luck