FormerXBC Inc XEBEQ

Capitulation

[tamaracktop]

$7.22 at 10:30 on 300,000 shares in the last 25 minutes. This has the hallmarks of capitulation. Certainly, we might hit a vaccuum of bids on a wave of selling, but after opening firmer, and tanking like this, it reeks of capitulation, finally. This is a fire-sale price for the patient, and there's a cohort of patient investors out there. 
   This could very well be what we've been waiting for. I'm actually enjoying this. I've always wanted to just get it over with. This certainly looks like it to me. I'm very much looking forward to the close.

[whognu1]

could be; i doubt it we need big volume from stops being hit yet, if we get to $7 (ish) $ 7.19 now, i will likely buy back my first tranche  - no, it might not have stopped going down - at 30+ % less than i sold them, i am ok nibbling - as previously noted, plug, fcel, bldp all have exaclty the same chart, giving comfort that it is a sector issue; not an xbc issue - a well placed NR

[ferret_ca]

good post, you're about the only one on here that makes any sense to me, lol, I bought back a 1/4-1/3 position in xbc this morning, and I highly suspect my next buy may be 6 ish or high 5's the way it's trending, it probably hits that level if it doesn't hold here in the low 7's, also happy to pay a bit more if it turns around here. cheers ferret