FormerXBC Inc XEBEQ

RE:RE:RE:Sell the news?

[AlexDonovan]

Looks like we're back around $3.25, I believe the price is enticing around here, but I want to wait a little before hopping back in. Either way, a great trade from $2.86 to $3.61, hope to repeat that again.

Kronyboy wrote:

I'm witnessing someone trying to tell someone else what to do with their money after the intitial someone made a colossal mistake. That doesn't sit right with me. 

With due respect, some self-reflection is in order. You sold at $3.61, as you stated, mere minutes before the most recent acquisition closed. Meaning, you tried to time the market on the rise and failed. Now you're stating this quarter's results will dissapoint. By which metric or benchmark do we take this analysis seriously? Yes, any price below $3.50 is an insanely provocative buy, this need not even be stated. I digress - you're in no position to be telling anyone what to do with their investment based on your performance. 
 

AlexDonovan wrote: Ended up selling at $3.61, mere minutes before the most recent acquisition closed and the price jumped. I still believe this quarter's results will disappoint. There's simply too much hope for a big change but EBITDA will not have had a chance to recover. Can't wait to hear, yet again, something about the global supply chain crisis... That said, it is priced quite low, but a retracement even to $3.25 would be enticing.

 

AlexDonovan wrote: Big jump in the past few days, I entered with a small position at $2.86 on Friday and am thinking about selling the news and buying back in after earnings.

Thoughts?