Post by
tamaracktop on Nov 08, 2021 6:38pm
Here's a perfect example of the Canadian market
After a pre-opening announcement of an application to list on the Nasdaq proper, Exro opened at
$3.50, up 19 cents, tehn it dropped to $3.35, within 79 cents of its year-low ( whithin 79 cents of its low and down $4.00 off its high.
it closed at $3.93, up 19%.
One of the benefits of trading in Canada is that the Canadian market is slow to reac, without guidance from the US market.
What happened today in the trading of Exro would never happen if it was liquid in the US market.
It will be interesting to see which firm revises their guidance the most.
My money is on Raymond James.
Isn't it funny how close the revisions by analysts' targets are?
There is strenght in numbers.
Analysts are like a tribe of Tuna.
They go for lunch together.
That's a fact.
They're a cabal.
We need the Howard Roark of analysts to think independently, and say what he really thinks, despite the binds on him by his higher-ups.
Comment by
tamaracktop on Nov 08, 2021 6:46pm
Alert! I meant to divide that post but I didn't. The first half was about Exro, and the second half was about Xebec.