GREY:XEBEQ - Post by User
Comment by
catchascatchcanon Oct 07, 2021 4:52pm
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Post# 33983965
RE:We're looking for improved margins and positive EBIDTA in Q3
RE:We're looking for improved margins and positive EBIDTA in Q3I firmly believe that Q3 will finally put the bottom in for us. I have no reason to believe that this will play out any differently than Q2. I think we will be a slow bleed into the leadup, and then crater for a final time on the results. Many here laugh at any that have called for $2, but we all know that we're collectively the butt of the joke whether it's $2 or $2.64. XBC was $3.75 Aug 11th the day before the quarter, and hit $2.85 Aug 17th. We have effectively tread water since then, with some scares (now) and some meaningless blips of excitement. I said long ago that the best I hoped for was some kind of recover by spring, and while I hoped for otherwise, it still feels like the best case scenario to me. Let's be honest, we'd all give our left nut to see $5 again at this point. Lower first though for certain. GLTA and focus on other stocks for the time being.