GREY:XEBEQ - Post by User
Comment by
sumpinehon Dec 28, 2020 10:14am
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Post# 32187015
RE:RE:Buying or selling
RE:RE:Buying or selling Many years ago my father (RIP) bought 500 shares of Nortel for $4000. He held it for 11 years and through 4 two for one splits.He sold @ $103. after it had pulled back from $120 and bought a new Audi.Within weeks it was $68. on its way to extinction.My father was not an expert in trading but he was a good poker player and knew when to hold and when to fold.A true story of a 20 bagger which I hope to duplicate in XBC It has to make it to $52 and I do not think it will take 11 years..
Ciao wrote: This has been up to a 10-20 bagger for some of us so far. It's hard not to take profits, that's why it's hard for people to get 10, 20 baggers (let alone the elusiive 100 bagger).
If you can ride out the sector rotation into Cleantech / ESG / De-carbonization (move away from traditional fossil fuels) with XBC you have a good chance of seeing this $1B company become a $2B company. 3 years ago XBC was a $25M company!
The current price does not take into account the cash rasied from the financing (cash/share effect; from $6.85 to $8.20 per share) and the hydrogen premium on revenues from the HyGear acquisiton (another $5 / share, taking XBC to $13.20). Then we have the Inmatec acquisiton which gives a major footprint in Europe with 8000 installs with on-site gas generation which adds additional value to the company. The TSX uplist is another catalyst for the stock.
Wait for analysts to set new target prices for XBC, I'm sure it will be in the mid-teens. XBC could be in the double digits before analysts come out with their reports.