GREY:XEBEQ - Post by User
Post by
tamaracktopon Nov 02, 2020 4:28am
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Post# 31821489
Futures look pretty good
Futures look pretty goodThe futures look good, but it's early yet. Don't be surprised if we have a strong week. The market often does the exact opposite of what people think it will do. The market is full of surprises.
Markets hate uncertainty. The clouds of uncertainty that has been hanging over these markets for the last few months won't be entirely lifted after Tuesday, but they will at least begin to burn off. The markets have already been in a corrective phase since the S&P hit its all time high back on September 2nd.
After Tuesday, the markets will be trading in a post-election environment. An environment of easy money for years to come, an environment where the market knows that further stimulus measures will soon be implemented, an environment where resumed economic growth will be anticipated, and an environment where the market will be buoyed by optimism that a vaccine is forthcoming .
Xebec shareholders in particular will be relieved of a great deal of uncertainty one week after the election. Not only will the numbers be out, as well as sundry other insights as to the company's progress, but it seems to me quite likely that we will hear the details of the hydrogen intitiative that week. This alone will likely generate a great deal of interest, as it will have the effect of moving the company's multiples closer to the multiples commanded by other companies more widely recognized as players in this the hydrogen space.
Its going to be a good time to be a Xebec shareholder.