Post by
iknowsmthing on Nov 02, 2021 5:23pm
Would be Nice
If History repeats itself.
Last year from Nov 2nd to December 31st we went from $5.3 to $9.00. 69.8% increase
If Xebec can repeat last year performance we'd go from today's $3.59 to $6.05 by end of year!
With all the emphasis on Green stocks lately ...it ain't impossible.
GLTAL
Comment by
bmo1212 on Nov 02, 2021 5:29pm
Mid to the end of November is peak tax loss selling season.
Comment by
tamaracktop on Nov 02, 2021 6:21pm
Tax loss selling won't affect Xebec. People don't take losses in stocks that are rallying hard. People are aware of the superficial loss provisions of the income-tax act. They sell their losers that are dead in the water. They don't sell their stocks that might be up 50% before the 30 days elapse before they can buy them back.
Comment by
tamaracktop on Nov 02, 2021 6:22pm
More likely they will sell their dogs and use the proceeds to buy Xebec.