FormerXBC Inc XEBEQ

RE:RE:Bob on XBC

[whognu1]

ferret_ca wrote: Bob Mcsquirter no longer owns ANY xbc and sees better opportunities elsewhere, thinks it'll do okay over the next couple of years. but no one on here wants to hear anything not rah rah rah about their darling xbc, pretty sad bb if you ask me.

here's why I don't own any currently either.
1. I think it got way ahead of itself price wise, I see lots of other great green growth opportunities at better prices.
2. I don't think next q will be great and could cause futher selling
3. huge execution risk on integrating the 2 recent aquisitions and the hydrogen tech with theirs and building this out . I think they are at least 1 year away from making any money and probably 2 years plus. I think they may be trying to do too much all at once.
4. I don't like what happened with the mgmt change and how it happened
5. complete lack of insiders stepping up and buying shares on the open market
6. technically it doesn't look great 
7. the market is in a volitile mood, who knows which way it'll go, if it sells off further xbc will sell off too and probably worse than the overall market, like it usually does.

things I like about xbc and why I will probably buy back in the future
1. they are in a great space at a very good time.
2. they SEEM to be doing the right things to move forward but execution is key and they need to prove they can execute in a timely manner.
3. there has been really no insiders selling at all

all in all not a bad stock to hold in a Basket of newer green tech stocks, but don't fall in love with it , sometimes your best or fav ideas are the ones that don't work out in the end, been there done that a couple of times. 

all valid points

and all well known (and likely baked into the recent price)

this will either end in a capitulation or it will meander sideways for a while

i am heartened that we are trading sideways with good volume

time will tell