Post by
tamaracktop on Apr 27, 2021 12:30pm
Are you getting tired of the volume?
It's very difficult to explain actually.
Xebec hasn't even traded one-tenth of one percent of its share-count yet today.
Find me another stock in this space that meets that criterion. You won't.
'Looks like the bigger players are just sitting on their hands for the time being.
If and when we get some unanticipated news, it will be received into an illiquid market.
There will be a big move, in one direction or the other.
It seems to me that with $1.13 in cash behind every share, the downside is limited.
This makes the risk/reward parameters quite favorable, but waiting and being patient in the meanwhile can slow time to a crawl. Frankly, it can be a bi***.
'Nothing you can do. It's the market.
Comment by
whognu1 on Apr 27, 2021 12:39pm
TT, with all respect to your knowledge on everything xbc "It's very difficult to explain actually" it's not difficult at all this is a classic 'show me' story, plain and simple the only thing that will change this is news good or bad my opinion good luck
Comment by
tamaracktop on Apr 27, 2021 12:51pm
No doubt that's true to some extent, but nevertheless this volume is brutal.
Comment by
Magicmike67 on Apr 27, 2021 1:00pm
Maybe the 10M shares that hit the market on Friday from the Hygear transaction are holding back volume currently
Comment by
whognu1 on Apr 27, 2021 1:01pm
fully agree it feels increasingly like the next release will prove to be a bit of a make or break news release on the short term anyways; longer term they still have lots of opps to prove out the longer we vacillate between $4 and $5 the more comfortable i get at re-initiating a position under my self imposed $7 trend time will tell good luck
Comment by
savyinvestor333 on Apr 27, 2021 1:09pm
And i will be happy to sell you some of the shares that I have picked up in the low $4's when you are buying at $7 +
Comment by
whognu1 on Apr 27, 2021 1:36pm
come on savy: tell the truth..........if we get to $7 there is no way in hades you will be a seller..........at $20 maybe, but not a chance i get yours at $7 good luck
Comment by
savyinvestor333 on Apr 27, 2021 2:07pm
Sorry to disappoint you but I will be trimming at that point not exiting. As I said way earlier I limit my exposure keeping between a 3-6% position here.