FormerXBC Inc XEBEQ

RE:Why has Xebec been crushed?

[tony08]

I agree with most of your post exept for this

TT said: "There is a distinct possibility the market has it all wrong, although that rarely happens, and when it does it's usually corrected very quickly."

On the contrary i found that the market been wrong is not that rare and it can take months or even year before the correction appens sometime....

example (1): Nortel started climbing in 1999, hit a high in 2000, and finished is drop in 2001....I remember in that time the analysts were saying that it was a new economy and that the old fundamental rules were'nt relevant anymore.

example (2): Lightspeed 08-2020 was $46......09-2021 was $161 and 01-2022 came back to $46 

These two example came quickly to mind....Im sure i could find much more if i would take the time to look further.

It's been 12 months since Xebec drop.....It always time for the market to correct it self.

To explain the actual share price i like very much Gann explanation:

Gann said:Seems to just be a lot of uncertainty in the market right now which is driving it down not anything xebec did and the negative sentiment is just compounding on itself. I am sure it will rebound hard at some point but for now we just have to wait and see.