Post by
dealsonly on Jul 14, 2021 7:05pm
Market conditions and stock price
Hello,a few thoughts.
I am an active trader of over 20 years.I am on the market daily and yes I do trade part of some positions frequently.
I watch carefully the house positions and whom is selling the stock and buying it.
Some call it manipulation,and it is indeed.In watching the past 3 to 4 weeks there is no question that there are powerful hedge funds that are intentially trying to push the price down.They are also buying back and building up their positions as the levells go down.
Those of us that have postions in this company are now having our patience tested.Fear is increasing and this helps these companies get the price even lower.
I am seeing this in many companies with similar business issues.Companies are being punished
in my perspective "overcooked" for bumps along the road.Hedge funds are all over these companies and carefully hitting certain price poitns to drive the prices down,this brings in even more fear,so some folks get nervouse and sell their positions driving the price even lower,and so on and so on.
I can't honestly say what is truly going on with xebec or any other company.My intelligence and gut tells me that there are some good buying opportunities out there.
Global warming is very real.Im in Bc and we lost 300 lives in one weekened do to the high heat dome that came our way.I like this space and plant based proteins.
Just sharing some.
Best to all.
Comment by
ZouZS3 on Jul 14, 2021 7:39pm
Xebec thaught me patience, good practice