Post by
tamaracktop on Oct 08, 2021 12:29am
What has changed at Xebec?
What has happened since Xebec closed at $3.68 two months ago today.
Other than their firming up and signing an order for 18 Biostream units from Chevron, Xebec is the same company today that it was then, only its backlog today is 30 million more now than it was then.
So why is the company worth $153 million less today than it was two months ago?
Only because of people.
Some savy, some not.
There are 153 million shares of Xebec.
Sometimes it moves 10% on less than 1% of the shares trading hands.
It's people who determine stock prices, not a computer.
Sometimes the decisions of very few affect the many.
The many others who own more than 150 million shares, and who aren't doing anything.
The few hit the many people where it hurts.
Their wallets.
Naturally people get emotional.
Overly emotional people get irrational.
The market isn't a game, although reading some posts here might make you think otherwise.
When Amazon went from $96 to $11, Jeff Bezos was quoted as saying "the stock isn't the company, and the company isn't the stock".
He nailed it.
An underrated quote if ever there was one.
Senior management, especially Kurt, has to wake up and prioritize large-scale production of biostream.
That's priority #1.
If they have a chance to "capture" the market, they absolutely must acquire additional production capacity, either organically or through a partnership arrangement.
You can't make any sales when you're Sold-Out.
You can't catch a kaleidoscope of butterflies with a butterfly net.
If Xebec doesn't announce plans for large-scale production soon, I will be whole-heartedly disappointed
If they do, the stock will surge because the market will get slammed in the face with the realization that demand for this product is real and it isn't going away..
Comment by
newcoin on Oct 08, 2021 1:04am
They aren't making any money right now. That is what it's all about in today's market.
Comment by
tamaracktop on Oct 08, 2021 1:12am
Really? Profitability is what counts?Is Plug, or FuelCell, or Ballard, or Pyrogenesis, or Burcon, or Cielo, or Exro profitable? All of these companies have market caps similar to or many times greater than Xebec's, and Xebec is much much closer to profitability than any single one of them. It's very simple. The stock price is temporarily unhinged from the reality. No question