GREY:XEBEQ - Post by User
Post by
tamaracktopon Oct 20, 2020 8:58pm
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Post# 31752779
The market is the reigning King of Headgames
The market is the reigning King of HeadgamesI know it plays games with my head , and I'm sure I'm not the only one. Investors would probably do better overall if fluctuations from day to day, weren't so "visible". Or even minute to minute. It can be both both captivating and traumatizing at the same time. People can't see the value or their homes fluctuate from day to day, of hour to hour, so they don't worry about it, even though their home is very likely their biggest investment.
It's important to step back and decide if you are an investor or not. I'm more guily than anyone else here of trying to interpret the daily moves, much to the annoyance of a few here, apparently. I do it because I did it for a living, and I find it interesting, and more than a little amusing. I'm certain some people enjoy my comments, others don't. Tough noogies. This is a discussion board.
I'm as disappointed as anyone here about the trading today, although I'm sure it cost me far less financially than many. Many here are wondering if something is wrong.
Step back for a moment. On September 30th, Xebec closed at $4.18. That was 22 days ago. It's up 23.7% in 22 days. That's 393% annualized. Nothing is wrong. Xebec is continuing to do what its been doing for 3 years.
Ignore the noise. And if you don't like my posts, be my guest, ignore me.