FormerXBC Inc XEBEQ

RE:A round of applause for Credit Suisse

[gem6zod]

tamaracktop wrote: They were on our side today. Big time. CS bought 266 thousand shares today, and didn't sell a single one. They too were active towards the close on Friday, but today they came in much earlier. They bought 100,000 shares in the final 10 minutes. I'm always very willing to admit when I'm wrong. In life, it lightens the load to do so. Donald Trump must feel like Atlas. I've never accepted the notion that warrants can affect a stock price, but in this case, I can't think of what could possibly be holding this stock back when the likes of Ballard and Plug Power are consistently powering to new highs. How can the existence of 8 million warrants affect 90 million shares? As reticent as I am to acknowledge the existence of this phenomenon, if it does exist, it's influence is weakening significantly every day. It will fade to nothing on Friday. Clearly 6 months ago, traders were buying warrants with absolutely no intention of excercising them. Just as clearly, probably 99% of warrant holders today intend to do just that. There will be a market for the warrants right up to the close. It's "The Rise of the Machines". That closing bid at $2.12 isn't a retail trader, it's a bid triggered by a logarithm that identifies a risk free profit. It's programmed to buy a dollar for 99 cents whenever the opportunity arises. All that aside, this stock has been restrained by something, and that something isn't going to last much longer. It has some serious catching up to do. Both to its own fundamentals, and to fall back in line with it's valuation relative to its peers. A very sharp move higher should come very very soon. The month end is tomorrow. If it doesn't hit $5 tomorrow, it definitely will very very soon.

Mr. T, Please clarify the following for this XBC investor. When you write that Credit Suisse bought 266 thousand shares today, doesn't that mean that client(s) of CS bought the shares? That's been my interpretation of buys and sells from various institutions, that it is individuals using that particular trading platform who do the actual buying/selling. Have I been out in left fied all these years? 

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