GREY:XEBEQ - Post by User
Comment by
GGreenon Dec 28, 2020 12:47am
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Post# 32186416
RE:RE:Not so Easy
RE:RE:Not so Easy In multiple choice questions, isn't the last option usually "All of the above"?
That's what I would say I would over the long term view. Now with uplisting and tailwinds I've referred to in previous posts I would let it ride a bit longer even thoughts it's already surpassed any profit objectives by 2-3x, the rebalance after further gains and play with house money (using a gambling analogy), a bit more growth and redeploy to other growth stock(s) then if execution starts to slip trim position further and possibly tap out completely. But at this point I don't envision the latter happening for quite some time.
re: GRN I've previously commented that it shouldn't be GRN vs XBC but rather GRN "and" XBC. Although I initially felt that XBC was a much strong co (won't repeat the all reasons why) but felt that GRN in the short term GRN had much greater torque even though it was benefiting from XBC's growth and following it up. Over the last 3-6 months GRN has delivered on execution, strong Qtrly calls and likely quicker bottom line results in 2021 because of their asset light model. The "torque" comment has also come to pass. Initially I had XBC:GRN on a 2:1 investment cost basis and although both share prices have done well in the last couple of months their market value has now flipped and now they are almost on a 1:3 basis. There's probably a better technical term for it but in simple terms that's what I call some nice torque over a short period. Let's see if it can continue into 2021!