GREY:XEBEQ - Post by User
Comment by
tamaracktopon Jan 22, 2021 1:51am
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Post# 32356952
RE:Really Now?
RE:Really Now?That comment about a 438% annualized return, while factual, seems inane and contrived. Lets be more realistic, while sticking to the facts. Xebec endec 2018 at 73 cents. It ended 2020 at $9.00. That's a compounded annual return of 251.12%.
Wouldn't it be nice if it could keep that up. $10,000 today would be $1,507,848 in 4 years. If you want to check my math, knock yourself out. I can make it simpler, and express it another way. $10,000 invested in Xebec on December 31st 2018, was worth $123,287 only 2 years later. That will be very easy to verify.
This is not a futile excercise, and we all know past performance doesn't guarantee future performance, but Xebec isn't getting any smaller. Investing in Xebec today doesn't involve taking on inordinate risk. Nor does holding it if you already own it.