Post by
tamaracktop on Mar 14, 2022 10:29pm
Perspective
Some people are rattled after today, not so much by the stock price, but by the amount the
stock dropped in one day.
It happens.
It's volatility.
Days like today make people think there might be something that they don't know.
It's just volatility.
Many stocks got punished today,
Many made new lows.
Xebec closed at $1.50 a week ago today.
It closed lower than today on February 22nd, 23rd, and 24th.
Some people are dispirited because after 3 consecutive days of strength, up 8 then 9 and then 7 percent, they thought we were out of the woods.
Myself included, although I hoped so far more than being convinced.
Many thought it was Good Times again.
We just saw a bout of strength we haven't seen in quite some time.
42% from the low to the high in just 11 days.
It was one year since Xebec's guidance revision on Saturday.
Some thought that after a year of searing pain we were out of the woods.
Obviously not.
The market may be up to its usual trickery, but its just delaying the inevitable.
When the inevitable does come, it will only have been temporarily delayed.
Comment by
Zebec2021 on Mar 14, 2022 10:33pm
T ...your like that special little train!!!!!!!!!!!!!!!!!!!!!!
Comment by
Ciao on Mar 14, 2022 11:09pm
let's also give credit to what the shorts have likely done today with ANON's dominant selling at an opportune time