Post by
tamaracktop on Nov 09, 2021 10:55am
The sky is falling!
Ha!
Volatility is no surprise.
Anything can happen on the upside.
The downside is extremely limited.
Put it in perspective.
Look at the group.
From its low at $2.49 on October 13th to the day high at $4.01 on November 4th Xebec rallied 61% in 17 sessions.
The high-close was also November 4th at $3.80.
At $3.55, Xebec is off 6.6% from its highest close in months.
Think about that.
Big deal.
It could close that distance in a day.
In an hour.
In minutes.
I'm glad Ballard missed.
It will make Xebec's numbers look all the better.
Don't panic.
There will be a buy on news reaction.
It may even close up on the day, and close above $4 tomorrow.
It's very possible, if not probable.
Xebec has seen its lows, and the market knows it.