Post by
tamaracktop on Nov 25, 2020 11:57am
Mixed massages
Sorry to say, but although this has been acting like an issue is coming, technically this is a screaming buy here both short and mid-term. I suspect that even if there is a financing announced, it will have little or no negative effect. Probably a positive one in fact.
Look at EXRO now. They announced $35 million at $3.25 this morning . The stock got down to $3.66, Now it's $4.60.
The thing about financings is, once they're done, they're done. The company has the money in the bank and the market knows there won't be another one around the corner.
Personally, iminent financing or not, I think Xebec is a very good buy here.
Comment by
jboom70 on Nov 25, 2020 12:20pm
Walking up on such low volume shows a tight float. Not that many loose hands to shake out right now. JMO
Comment by
savyinvestor333 on Nov 25, 2020 12:41pm
I have always heard massages are all good lol Now messages are another thing.
Comment by
fogduckker on Nov 25, 2020 10:39pm
They are... especially, if they finish with a happy ending like XBC!