GREY:XEBEQ - Post by User
Post by
tamaracktopon Nov 19, 2020 11:48am
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Post# 31933170
Not Bearish on Xebec. NEVER!
Not Bearish on Xebec. NEVER!Just a few very short term concerns given how the stock is acting. It could blow away those concerns with a big move on volume, but the longer it does what it's doing, the more concerned I'll be for the near term. I hate to think it, and it seems unnecessary, but the stock is acting like there may be an offering coming. Xebec doesn't need money, but they've always done offerings when market conditions were ripe. After all, they could raise $100 million today if they wanted by doing an issue at $5.60, 55% higher than their raise 6 months ago. It's a possibility.