XGTI has been performing much better throughout 2017 and is showing very positive results before 2nd Q ER. They have released data indicating they expect to beat expectations roughly a month before the ER is expected to release. Watching this stock for a few months now, they have been heavily ramping up their customer base and over the last month alone they have taken on multiple multi-million, hundred-thousand+ orders. The acquisition of Vislink seems to be working to their advantage excellently and hopefully we can see continued improvements throughout the rest of 2017.
Looking for a little more upside before the ER, and then if the ER is truly as outperforming as being hinted, we may see a brand new wave of investors coming in pushing this further.
SL 1.50 TP (Red Lines Leveling 1,2,3.)
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1st TP Reached. $2.5
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Has retraced some back down from the first TP, glad I took some profits, now I can use those profits to buy my original shares back plus more for another ride up. Back in @ $2.20
Trade active
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Added more @ $2.15, I am confident we can punch through this $2.50 resistance zone either on the day of the ER or the following few weeks after.
ER is likely "Priced In" at this level, though it does not seem like a lot. So much down force on this stock still. I see the light at the end of the tunnel.
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Lots of slip with this company still, but it has been in a perma-bear trend basically since IPO.
Below 1.5 will probably be a shit show. Don't hold this to the grave.
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Got back in a little early it seems. Price slipping to the downside. Hmmmm
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Regret buying this stock, took a small loss on most of my position but left a handful of shares incase it finds some investors anytime soon.