Post by
SUEME on Dec 01, 2021 2:09pm
Don't hold your breath.
Same pattern as last year. Two weeks to go before max short interest, compunded along with tax loss selling. Last two weeks of Dec will see short coverings. Applies to XBC as well.
Comment by
miscstuff on Dec 06, 2021 9:53am
Without significant sales, they won't need to cover and I haven't seen any news regarding new contracts this quarter. Last quarter was a contract for $6.1 mil. They better be working furiously on backlog to keep revenue up.
Comment by
StockGiba on Dec 10, 2021 8:24pm
I don't really see any urgency from the company to even try to squeeze these guys. They sound like they've shut her down for the holidays already and are comfortable with a 1yr return of -33% on the share price.