Lucky for short that volume is not high like yesterday. If volume picks up, I will sell all for short to cover and then get back in later when dilution take place.
When XPO secures new floor above 44 PPS.
Today the volume is only just over 100 thousand shares exchange for the first two hours trading. capital increases from 2.8B into 3.5B (correct me if I am wrong on this) What is going on with those buyer/seller ? I wish I understand them!
Thanks again for the information . Since Morning, I thought of sell all my shares and wait to get back in when it dips below 40.
I was with XPO twice .
The first time I got it when it was aroung 1.7 USD per share then sold all for 2 USD per share (hope to get back in bolow 2) but ended up buying in again at 2.7 USD per share for the second times.
Now I do not know if XPO will drop below 40. What will you do if you are in my situation?
There are more than million share exchange hands yesterday. As long as the big buyers continue buying, I think the new floor is built. Just my opinion, but not sure what the big institutionals are doing now a day :)
Thank you for answering it.
But if MM runs it up and down, (up more than down) then why short not riding up along with the longs ?
Just curious. Thanks
Why not entry when the price below 5, which was a few years ago? Do not miss the train again this time before you will try to gain re-entry price which is about $40 for this stock in near future. LOL
Lets remind us someone this this MB talked down on XPO when ECHO is far more advance in technology and efficiency than XPO . Look at XPo and ECHO now .
In Jacobs we trust or miss the train again LOL