GREY:XEBEQ - Post by User
Post by
tamaracktopon Nov 08, 2021 8:20am
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Post# 34098818
I'll go out on a limb
I'll go out on a limbThis is a ballsy call, but after having the weekend to ponder the implications of this latest news, I think some serious money will be buyinng Xebec today.
I expect there to be some short-covering as well.
I don't think I'd want to be short this stock going in to the numbers.
Shorters have to maintain 150% of their short position in cash or excess margin to maintain their position.
If you short $40,000 worth of Xebec, you have to put up $20,000.
If the stock goes up 50%, you're wiped out.
I'm prone to be optimistic, but I think Xebec will cut through $4.00 like a knife through butter.
This preliminary indication at $3.85 is meaningless.