GREY:XEBEQ - Post by User
Post by
tamaracktopon Jan 06, 2021 11:54am
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Post# 32233323
Who is buying, who is selling?
Who is buying, who is selling? The urge to sell becomes overwhelming sometimes. It will only get worse. You have to decide. Are you a trader, or are you an investor.? How would you prefer to answer the question at a cocktail party, "And what do you do?" Would you rather answer "I'm a trader" or "I'm an investor".
What a coincidence that Trader and Traitor are homonyms.( a moderately stupid observation )
Successful investors make a gretat deal of money because they are disciplined. They see through the "noise". Traders scurry around thinking they can time the market, and identify short term highs and lows. What a ludicrous assumption.
The buyers today are investors. I can assure you very few, if any, are traders. The sellers today are the traders. They are declaring by their actions that this is it for Xebec shares. This is the top. Again, a ludicrous proposition. Shares don't peak the day before they move from the TSXV to the TSX.
You have to be disciplined. You have to realize and accept that there will be periods of weakness. You have to acknowledge this before they happen, so as to be prepared for it when they do.
I have absolutely no idea when Xebec will reach a short term high. It could be $12, it could be $16. I don't have a clue. But when it does, it will be just that. A short term high. It will fall in time.
If there's a stock in Canada that has truly earned your faith and trust, this is it. Treat it accordingly.