GREY:XEBEQ - Post by User
Comment by
Ciaoon Feb 16, 2021 1:23pm
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Post# 32574734
RE:RE:No support to stop this down trend
RE:RE:No support to stop this down trendA lot of XBC bulls remain perplexed on the relative valuations between XBC and BLDP.
Hydrogen stocks in a bubble? BLDP was up 50% YTD whereas XBC was only up 8% YTD as of last Friday. That gap increased today.
ferret_ca wrote: looks like it broke what support it had ( at least for now) next support level look like maybe 8 and change, not saying this will happen as I don't have a crystal ball, lol, this is just from a technical perspective.
The other negative I have been seeing is a few articles on the cost and practicality of green hydrogen as a main stream form of power generation. technology should change that but may take a while to get costs down. I don't see xbc having positive earnings for at least a year possibly 2 as they roll out their long term strategy on hydrogen (good nr today) so some shareholders are selling for those reasons, and is the main reason why I trimmed by 50% last week ( besides locking in some significant gains, I did this with most of my high flyers last week, it wasn't just an xbc thing, more portfolio mgmt for a retiree, lol)
rumor is that Roa left due to a power struggle with the new Hygear mgmt . these were my 1st thoughts on why he left or was pushed out. whether he left on his own or was pushed out I really don't know.
still a great positive long term story just facing a few headwinds for the next little while, I see grn is up today maybe Roa is going there, lol, I hope he does as I own both and think he was great and a big part of the xbc success. unfortunately some of the ultra bulls on here can't handle anything not positive on xbc, a truely good bb will accept and discuss ALL the facts imho. I honestly don't think or at least haven't found 1 really good bb on this website, it can be entertaining though, lol. lots of other sites where people are held responsible for their actions and only one name can be used without getting a perma ban. not like this cesspool loaded with multiple aliases.
cheers and gl ferret
cheers and