FormerXBC Inc XEBEQ

Bullboard - a contrarian indicator

[alsoranaround]

I've been thinking alot about XBC lately and want to add to my position. One concern that I have is this bullboard.  The volume of posts and general euphoria in most posts leaves me inclined to believe we've reached some irrational exuberance and the stock will have to correct.  The market in general is ripe for a correction.  I would love to add to XBC, but the chart is looking a little parabolic.

Not meant to be an insult to anyone.  When you were smart enough to buy in early and are enjoying a parabolic rise, it's exciting.  I may have to wait for a pullback.

[savyinvestor333]

Keep in mind that collectively  the posters here are now minority shareholders. It's the institutions and funds driving the share price now. All our euphoria is not impacting the price.  We traded over 9 million dollars just on the TSX Dec 31

[whognu1]

One thing that has worked for me over the years if a company looks good yet 'seems' priced too high I will simply take an insignificant small  position just to be in the game generally 15-20% of what I would deem a full position for that particular stock my timing has always sucked and for years I lost out on some serious $$ waiting for the stock to come back to me i am

[gmills236]

That seems like goos advice. I bought shopify at 50.00. I sold at 225.00. If i held on to a little i would have a lot more money lol

[trek01]

Wall street sees more gains in this sector this year. That is for a 1 year outlook.. httpss://www.cnbc.com/video/2020/12/28/renewable-energy-had-a-record-year-in-2020-and-wall-street-sees-more-gains-in-2021.html And for short term outlook, buying at ath is actually good. https://www.google.com/amp/s/ofdollarsanddata.com/should-you-buy-an-all-time-high/amp/

[Newtrader1982]

If you want to see irrational exuberance then go to a tesla bullboard I don't think xebec investors are quite there yet.

[Arbourmark]

I placed on ignore and now received why!!!

[gmills236]

The stock has gone up a lot thats true. They have made a lot of acquisitions so revenue will be higher over the next few quarters. That should drive the stock price up. I think xbc is just getting started.