RE:Alert! Alert!tamaracktop wrote: We have volume. Volume thus far today easily exceeds half of yesterday's entire volume. The market is making new lows down virtually 10,000 points on the Dow. Risk is greatly diminished. Buy when there's blood in the streets. Earnings are one month from today. Any surprises will be to the upside. It is very important to know the market's pricing mechanism is forward looking. The market is not dropping because of the news last night. Bad headlines for the next several weeks are already priced into this market. I'm not cheerleading or lending false hope. I'm stating my opinion based on years of experience, and am totally prepared to admit I may be completely 100% dead wrong. I'm trying to impart what I see as legitimate reason to expect relief in the very near term. Everyone is perfectly entitled totheir opinion. I will state mine unequivocally. I think Xebec has seen its lows. I think buying will soon return with force. I think this is a screaming buy right now. I think we may well see a higher close today. And I think we will see $3 again within 2 weeks. There you have it. That's what I think. Ill be back then
That's was one of my posts on March 18 2020
Xebec closed at $2.30 that day.
It turns out in retrospect that Xebec had in fact seen its original covid low two days earlier
at $1.74. ( there were far fewer shares outstanding then )
At the time people thought I was nuts.
An idiot.
A laughing stock.
Xebec traded at $3 seven days later.
It closed at $11.20 exactly 10 months later, to the day.
I'm not going to debate the relative merits of Xebec daily anymore, and I confess I have no
idea at all where it will trade tomorrow or next week.
I'm tired of the mudslinging.
It's entirely pointless.
Everyone is entitled to their opinions.
My opinions of Xebec have always been voiced with an eye to its merits as a longer-term investment, and they haven't changed.
I will say this.
I'm expect Xebec will trade sharply higher before the earnings release,
and I'm convinced that it will be a $30-$40 stock within three or four years.
I've been saying the same thing since I started here four years ago, when Xebec was 40 cents,
and I suggested back then that it was a remarkably attractive opportunity.