FormerXBC Inc XEBEQ

RE:RE:RE:RE:RE:RE:Recap

[whognu1]

Newtrader1982 wrote:
gotcha so your strategy is to buy high sell at a loss when you should be buying and wait for sp to climb again so you can buy high interesting approach. Even at a target of say 10 which is low that represents a 9% upside from today's closing price 9% return is quite good or if you go with the high target of 17 that would be 85% return even a more conservative target of 11.50 represents 25% returns from today's close. Could it go lower sure but I doubt we will see 7's and the rebound could potentially happen very quickly leaving you on the sidelines again and missing out just my opinion but if tomorrow we dip I would buyback what you sold for cheaper and wait it out.

your morning smile......remember this one?


"after a huge run, this stock has made a month of lower highs and lower lows

historically this will continue until it stops"


follow-up note:

this hasn't stopped going down

it will

and once it does, and starts going sideways or demonstrably (sp) up, with volume, then you are safe to buy back

because again, if we're going to $17, who cares if you buy it at $10, once the bottom is in?

ps. this is one of those 'investment mistakes' i made earlier in life -- i don't do that anymore....

good luck