FormerXBC Inc XEBEQ

buyers aren't clawing at each other

[tamaracktop]

There hasn't exactly been an influx of buyers today in the low $3's, which is hardly encouraging for the very short term, but it's only mid-day.
Right now, it's acting badly.

Nevertheless, sentiment can, and often does, change very quickly.

People hated this stock in the mid-$2's a month ago.
They loved it at $3.85 less than one month later.

Now they hate it again at $3.00.

Sentiment dictates stock prices in the short term.

Sentiment can swing violently.

If you're a trader, swings in sentiment make a big difference.

If you're an investor, you don't give a sh*t, because a point here or there doesn't concern you.

You know this is temporary.

In 3 or 4 months, it will be ancient history.

Very often, successful investing takes no more than a degree of patience and no shortage of courage.

This stock has a very long way to go.