GREY:XEBEQ - Post by User
Post by
tamaracktopon Nov 30, 2021 6:35pm
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Post# 34182651
can't be too disappointed with today
can't be too disappointed with todayXebec had every excuse to make a new low but it didn't.
it came within 4 cents at $2.52, but it did the opposite.
It rallied from $2.57 to well bid at $2.60 at the close on 180,000 shares in the last half hour, in a market that was tanking and closed near the lows.
Thank you Mr. Shorts, my friend.
The shorts will have overnight to think about that.
There isn't much upside for shorts here, if there's any at all.
There's an adage on Wall St that if you can catch 80% of a move, you're doing well.
I've seen people up 2 or 3 hundred percent blow themselves up trying to milk a position for another ten percent.
Better times ahead.
at $2.60 Xebec is the buy of a lifetime.
In a few months, many people will be kicking themselves.
They'll be kicking themselves either for having sold, or for not having bought.
Xebec is trading for 1.27 times book.
Are you kidding me?
Give your head a shake.
The only reason that it's trading here is because less than one percent of the outstanding float trades every day, and the people who are trading it, and who determine the stock price every day, are frankly scared.
They appear not to recognize that the lower the stock goes, the less risk there is in owning it.
This is an unadulterated buy for those looking more than a month down the road.