FormerXBC Inc XEBEQ

RE:Its All Good. Say Goodbye to Flippers

[wheelingit]

I have to disagree with this comment, i do not think there is much flipping going on, not in any material volume anyway. Same house (House 1 - Anonymous) has been selling into the recent strength and continued selling today, this is usually indicative of institutional sellers likely from  the Private Placement and taking profit still. Webinar and Earnings look great, some talk of dilution from warrants and conv debenture may have adjusted their EPS guidance but overall looks to be a great growth story with a great regulatory and fundamental backdrop.

Just my thoughts

Wheels

tamaracktop wrote: There is only one reason to sell on today's news: The stock didn't open higher. Seriously. There are actually people out there that bought this stock very recently to try to make a quick buck. They were hoping for a gap up, in which case they would have sold, made a quick profit, and walked away. Alas it didn't.  So they sold, and walked away. This may sound ridiculous but I assure you it's true. The event everyone knew was coming didn't affect their desired result, so they're gone/leaving. Bye bye.
    The other breed, the investor, has received further assurance in the company's trajectory. Now that this news is out, the stock is on safer footing here at $1.65 than it was last week at $1.65. The story here is 110% intact. Even more so. With the misguided traders exiting stage left, the longer term , commited new shareholders can step in better informed than they would have been had they bought only days ago. I would expect we will see new highs in the ultra near future. Whether or not that happens, I couldn't care less. This story is completely intact, and the future is blindingly bright.