FormerXBC Inc XEBEQ

RE:Notice

[catchascatchcan]

If your four ifs come to pass, then think what you think you can expect to happen can be expected

tamaracktop wrote: Notice how Xebec sold off to the day low at the open on virtually no volume? 
Less than 50,000 shares.

Then it rallied from $2.52 to $2.72 on 220,000 shares in an hour and a half.

Now, during the lunchtime-lull, it's faded to $2.67 on a few hundred shares per trade

I expect we'll see another burst of volume that takes the stock over $2.72.

If so, this will be a sure sign of accumulation, or short covering, or both.

Yesterday didn't scare the shorts at all.
Volume was inconsequential.

Today will be different.

If the stock closes above $2.77, that will require volume, and if that happens, it will represent a 10% upside reversal off the day low, coming from a year-low 2 days ago.

I think it will.

If it does, the shorts will start to feel discomfort going into the close.

I'm looking forward to it.