Post by
tamaracktop on Jan 21, 2021 11:30pm
Really Now?
If you think Xebec is acting a little weak here, you'd be well advised to screw your had back on and think again. The last nine closes have been $9.58, $9.91, $10.16, $11.00, $11.11, $11.20, $10.76, $10.85, and $10.73.
We.ve had 5 consecutive up days, followed by a down day, followed by an up day, followed by a down day. Xebec is up 12% exactly in ten days. That's 438% annualized.
Xebec closed 4.38% from its all-time high close today, a gap it could close in about 10 minutes under the right circumstances. The type of circumstances that will inevitably arise innumerable times over the course of this company's evolution.
I'm fairly confident that Xebec's recent trading patterns aren't indicative of a stock thats clinging tenuously to new all-time highs. If you think otherwise, clearly your vision is distorted.