RE:RE:TD Flash Note - calling BStamaracktop wrote:
At $2.38 now on 300,000 shares, the stock is holding its opening gains well.
I expect that the people intent on selling into the opening strength will be done quite soon
and we can expect another upleg shortly.
From my post at 10:30
I'm on a bit of a roll so I'll push my luck. Why not?
I'm a bit surprised by the volume so far today.
The stock is $2.46 on 794,000 shares at 12:37.
I would have thought the volume would have been much higher by now, but I interpret this surprisingly low volume as a major positive.
There was no explosion of interest this morning that would have produced an unsustainable jump in the stock.
There was no opening "blow-off".
Instead, the advance gas been very methodical and orderly as the market continues to digest and assimilate the implications of this news.
Given the lack of any apparently "over-enthusiastic" reaction at the opening, and the lack of inordinate volume that would indicate some degree of "equilibrium" between buyers and sellers, I think it's quite possible this strength can last throughout the day.
$2.60 or $2.70 or $2.80 today?, I don't have a clue,
but no matter how you cut it, Xebec is coming out from flying under the radar for far too long.