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NASDAQ: XBIT

Posted on 6/12/17 at 11:03 am
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
39978 posts
Posted on 6/12/17 at 11:03 am
Boys,

Take a look at XBIT.

Potential money maker.

Last year high was 26, but stock is in a bit of a free fall. Currently 4 bucks and some change.

Looking into it more.
Posted by HYDRebs
Houston
Member since Sep 2014
1241 posts
Posted on 6/12/17 at 11:12 am to
So since its IPO 2 years ago its lost 82% of its shareholders value. Whats not to love about this biotech....
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
39978 posts
Posted on 6/12/17 at 11:17 am to
well to be fair I bought in at 2.79 and its 4.50 w/ a high of 5.41 today sooooo I almost doubled my investment.

idk was just sharing short term investment.
Posted by barry
Location, Location, Location
Member since Aug 2006
50337 posts
Posted on 6/12/17 at 11:24 am to
quote:

Potential money maker.


Why?

quote:

Last year high was 26, but stock is in a bit of a free fall. Currently 4 bucks and some change.



Thats not a reason for it being a money maker.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
39978 posts
Posted on 6/12/17 at 11:27 am to
I cited why.

I am not long term investing in this at all.

I got in and out.

Stock fell from 9 bucks due to some regulations. However it did rally to 5.41 high today.

I was just sharing my win.

Sold @ 5.39

It's a 51% gain win
This post was edited on 6/12/17 at 11:29 am
Posted by barry
Location, Location, Location
Member since Aug 2006
50337 posts
Posted on 6/12/17 at 11:34 am to
quote:

I cited why.



It used to be higher, is not a reason.

quote:

Stock fell from 9 bucks due to some regulations.


Now that i can get behind. Market overreaction to news and a bounce back.

Congrats on the win.


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