FormerXBC Inc XEBEQ

RE:RE:RE:Sideways move until end-September

[Resilience19]

Also, when looking at the way the SP behaved from mid-May until now last year, we can see the pattern was similar. As such, we could experience similar doldrums leading into the 3rd week(ish) of October. Last year, the shot in the arm happened more or less when XBC announced it would have its Q3 results early November. From that point on the SP rose consistently until end November, reaching new highs. If the same pattern occurs - which I'm confident in, given the stream of announcements expected between now and year's end - XBC will be at 7.50+ in December.

Zipolitemexico wrote: You were bang on with your assessment back in August.

Also worth noting is the 30 day charts of Xebec's competition in the Cleantech space - from their Industry Comparables page. All are trending down and most look very similar to xbc. Its unsettling to see the steady decline but we are not alone. 

Resilience19 wrote: As stated 18 August and still relevant today:

Resilience19 wrote:
A huge amount of news is in the pipeline BUT I think delays in announcements will lead to sideways movement over the coming month and a half. Some headwinds to the SP upwards movement includes delayed TSX graduation, now plan for Q4, C-19 driven delayed M&As, delays with Alberta LOIs confirmed as contracts. Parallel to this ongoing C-19 economic uncertainties, not helped by yesterday's Finance Minister's resignation, a likely 2nd C-19 wave, US elections etc all create short-term headwinds. So, yes, the SP has a high propensity of reaching $7.50ish by years end, but macro challenges are likely to hold back Xbc's momentum in the near term. Patience.