GREY:XEBEQ - Post by User
Post by
tamaracktopon Nov 08, 2020 9:38pm
216 Views
Post# 31860472
Last comment
Last commentMarkets on the other side of the planet are strong. Shanghai is up 1.24%, Taiwan is up .9%, Tokyo iis up 2%, and Hong Kong is up 1.25%.
More importantly, US futures indicate a Dow up 1.2%, and are getting blown away by tech , which is indicated up 2.1%. Rotation back into tech here no question. Not into bonds.
Don't get shaken by volatility. This stock will start moving in much larger ranges. It might range a dollar or more a week soon. Like moving 10 cents 3 years ago when is was at 50 cents.
Often these days it walks miles, but doesnt move far from where it started. It ends the week up or down pennies, but many people have been shaken out. They've been shaken out because of their nerves. In a way, it's strange that people worry about the one asset they know they can sell in 2 minutes at the highest bid if ythey want.
They get shaken out of one of the best performing stocks in Canada. They get shaken out of a company with an elite management team, $60 million in cash, in this space, and with a worldwide footprint. They get scared because it fluctuates. Fluctuates, not flatulates.
Don't get shaken out of this stock