FormerXBC Inc XEBEQ

Capitulation and convincing reversal

[Newtrader1982]

so is this the convincing reversal and yesterday was the capitulation? This is why I buy on red days because as painful as it is to buy and see it continue downward the reversal could come at any moment now it's above 9 and you missed 5 percent gains buying now which grow exponentially bigger as the share price grows. I can't call bottoms but statistically buying good companies on red days is a good time to jump in. Also copper is shiny and I like shiny things lol. I bought 100 oz bar of silver a few years back at 17 and forgot about it now it's 34.

[Trayderr]

In my opinion it's not quite as simple as buying on red days...otherwise you'd be buying every other day for the past month and pretty soon you're way overinvested in the one stock. A common approach is to wait at least 2 days before getting back in, to confirm the uptrend is real, and safe-guard from short-term false-starts. It's okay to miss out on the very bottom, and it's

[Newtrader1982]

well I wasnt really suggesting that you should buy on any and every red day I think most understood what I meant.

[whognu1]

i agree, if the $8.55 holds then we might be ok there  has been no capitulation on volume as yet time will tell my bet - late day sell off not just xbc but market wide good luck

[Telmelcel]

Hummmm day traders flipping a couple of cents hihihihi

[Telmelcel]

Grow up KIDS :))))