FormerXBC Inc XEBEQ

Shorts

[VicesVertus2222]

It is reported this morning that Xbc was the recipient of a large growth in short interest in July. As of July 15 it was totalling 2,598,300 shares, a growth of 27% versus June 30. Short interest ratio is currently 10.9 days.

The results better be good so we can witness a short squeeze.

Hang on to your shares. Don't let them go easy.

GLTA

[whognu1]

stink bids.......... buy at $3.60 buy at $3.30 go to beach maybe you get them maybe you don't far, far safer to buy this at $5 than today at sub $4 the trend is your friend and regardless of what some say this is trendless wait for earnings, buy it higher (and safer) ps. you likely already own enough 

[VicesVertus2222]

Totally agree, this thing has been neutral for the last 6 months. Neither sold or added as of yet. Sitting tight for the time being.  Just recommending to longs not to give away to shorts.

[Newtrader1982]

true but you would likely have a better chance at cheap shares if you bump up those 3.60 bid to 3.76

[Newtrader1982]

1 thing I don't agree with you on is that it's safer to buy at 5 this has traded above 5 on 2 separate occasions already and both times was unable to sustain the rally and sunk back down below 4. Common sense says it's a much safer buy below 4 than above 5 at this point.

[whognu1]

and that's what makes a market my point was we are in currently no man's land if the earnings report is solid than I beleive we go much higher and likely do not look back as the company will have proven it is indeed 'out of the penalty box' if not - yikes i have no knowledge of the internal workings of this company (other than public info) and have stated many many times that

[Newtrader1982]

well I am not really suggesting to try and guess the bottom just saying that if you have decided that you want to buy xebec specifically already it's a much better buy here today than waiting for a trend reversal and paying 5 just my opinion. It didn't tank on q1 numbers and they weren't even that good so it should fare well on q2 numbers they won't be worse than q1. But you are

[VicesVertus2222]

Very tempting to buy below 4. But scared sh .t that another mishap occurs at results reporting. I guess I am not the only one. GLTA

[Newtrader1982]

oh come on why on earth would there be another mishap they haven't lowered guidance or even hinted that they intend to. This is worth 4 even if they only hit 100 million revenue for the year. Keep on walking by those 100 dollar bills.

[VicesVertus2222]

Why on earth would this stock drop 4% today so close to results? Optimistic guidance? I don't mind right now letting those 100$ bills pass by. If you are right, and I hope you are,  I already own enough Xbc. Just saying a few of us are, say ... prudents? And with so many shorts, reason enough to be.

[HonestAl]

Well stated VicesVertus.  It seems many posters here are taking a negatice comments personally.  They talk like it's a 100% given the stock price and earnings will be rosy rosy rosy. A Whole Lotta Rosie!  But if things don't pan out like that...If you Want Blood, You've Got It! Ok, the AC/DC references are done. I am done averaging down but believe good things will

[HonestAl]

That should be NEGATIVE, NOT negatice.  My online typing class was cancelled.  

[Newtrader1982]

I'm not taking a negative comment personally I have made several myself. I have no idea why we are down 4 percent today my guess more sellers than buyers lol. Looking at it objectively though unless it's insiders selling which I doubt the stock is still in a sideways trading pattern I am not gonna read into it too much.

[Zebec2021]

[tamaracktop]

I totally understand agree with you. 100% One very small item. It's not called the short interest ratio. It's called DTC. Days to cover. It's the number of days it would take for the shorts to cover their positions based on the 30-day average trading volume. Your post is inherently correct.