Jon,
RE: Yesterday's move in the stock & warrants could not have been on speculation. The same party was buying both, IMO.
I would like to think you are correct, but the hindsight of one day can give one time to consider other possibilities.
Here is a link for XYBR's yearly chart (had I thought of it at the time, I should have linked the 3 month):
quote.yahoo.com
Notice that the last time the stock closed at just below 4 (the point is barely noticable just prior to the NOV month line). How many times have you seen a stock get a bounce when reaching such a low? I've seen it happen now and again.
Also, 90,000 shares gets noticed, and apparently can move the stock. This probably prompted others to buy thinking there could be something going on. XYBR traded over 300,000 shares today. Is it possible that the person who bought the stock in one lump yesterday, sold it in blocks today (I have no idea just asking)?
Then add to that the Boston globe story, a rumor here and there which gets passed around, and the lack of anything meaningful for a few weeks.....equals...demand?
I hope you're right that something meaningful will be coming soon. KLB's stock moved up 4 straight days and then there was a news release that they're in some kind of marketing alliance with Lycos.
Bottom line, I guess we'll just have to wait and see, but until then without anything meaningful, it is all meaningless speculation.
Just my "one day later" opinion.
BTW, I bought more yesterday afterall. Wouldn't be at all surprised to see it drift back to 4 or lower.
G-night,
Mike
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