Post by
tamaracktop on Sep 06, 2020 9:52pm
You're going to think I'm nuts
But that's okay, I already know I am. It just occurred to me, totally out of the blue, that I couldn't remember Xebec trading lower over the course of a holiday shortened week so far this year. So I just checked. It hasn't .
There have been 6 market holidays this year. They've been New Years day, Family day, Good Friday, Victoria Day, Canada Day, and the August 3rd Civic Holiday.
Over the course of those holiday-shortened weeks, and in sequence, Xebec's percentage gains have been 16%, 7.9%, 10.3%, 7.4%, 9.75%, and 5.3%. Don't bother fact checking me, those numbers are exactly accurate.
The average gain during an abbreviated week this year has been 9.44%.
I predict Xebec will be up 39.648 cents this week.
Comment by
robert41 on Sep 06, 2020 10:23pm
TT you are not nuts colourful yes not nuts... keep up the great posts.
Comment by
tamaracktop on Sep 06, 2020 10:26pm
That isn't a coincidence. A shortened week represents what Einstein might have called Time Compression . The market has to discount a week of the company's evolution in 4 days. 4 days that bring us 1 week closer to the next exciting development. The buyers still on the sidelines get more anxious than the sellers.