GREY:XEBEQ - Post by User
Post by
tamaracktopon Dec 17, 2020 11:09am
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Post# 32128049
No stock
No stockToday's trading is 100% retail, so far. Volume is light because there is no stock available. It got up to $7.49 on 50,000 shares. That's very thin.
I expect at some point we'll see a block or 2 go through, which will boost the volume and present at least the impression of some liquidity.
There is very little stock available overhead.
Some people think the stock is stretched here. It isn't. Certainly its come along ways in short order, but we first traded above this price for the first time a week ago yesterday.
Xebec appears to be resting at the moment. Taking a nap. It's a sleeping giant that could rouse any time.
I've said it before. The good thing about making a bullish short-term call on Xebec is you can be sure the only thing wrong with your call can be your timing. If you aren't a trader, timing doesn't matter.