FormerXBC Inc XEBEQ

We are setting up for tomorrow opening boom

[ZouZS3]

Whognu that's your chance

[whognu1]

funny you should say that, just looked big volume, sitting on a bid around $3.30; $3 and $2.70 c'mon xbc.........don't disappoint

[savyinvestor333]

That's a very safe way to play it. Put a bid in at 10% below current share price and move it down  as the share price falls to maintain the 10 % spread. The worst thing that could happen is you never end up with any shares

[whognu1]

bids have been entered for a couple weeks since last time we visited $2.70's and was told we'll never see $3 again.......... whatever trying to average down my poorly timed rebuy at $3.64 last week..........ugh

[savyinvestor333]

Well the suspense is killing me. Did you get filled or lower your bid?

[whognu1]

pulled it kept the bids at about $3 and $2.70 while i have confidence in the company and that they are indeed heading in the right direction, there is still far too much pessimism in price good luck  

[catchascatchcan]

Yes how quickly all the optomism can fade with this name.  If we drop back to the $2s it will be very bad.  I would hold off until at least the $2.50s if I weren't in already.

[whognu1]

i never give price targets, yet i'm going to go full TT on this one and say that this will never trade to $2.50 again.....(barring a full market meltdown) it's very odd with all the 'known' facts that this is trading as it is my thinking is that there is institutional buying on big volume days (1mm+) and simple fun and games on days like this (duh) trying to not buy at $3.20....

[catchascatchcan]

It's nice to hear your confidence regarding the bottom, and I of course hope you are correct.  I don't say never anymore in life personally, but I do like your conviction.  And I absolutely agree, over $4 will feel much safer, and over $5 and I might even add some more. Good luck friend.