FormerXBC Inc XEBEQ

RE:RE:RE:Welcome to reality

[GGreen]

I'd say "not so fast" to brush it aside as rubish. (Before someone starts saying this isn't an EXRO board, understood but there could be some important learnings for XBC SH to take away from this given there similar starts on Cdn junior exchanges and recent tailwinds from being in a favourable (green) sector. 

I've held EXRO and still hold XBC and actually invested in both partly because of there current CEOs so I'm anxious to see the EXRO's response to the report. I sold 100% after seeing an unsupported jump a few weeks back after digging into a customer that had been referred to in a press release. Thoroughly under impressed with the potential customer yet the stock soared (so that point in the report hit home with me) but must admit I sold because of broader market concerns. As part of my DD, I didn't take into account the prior CEO (and current chair) but perhaps I should have. I did have the company on the buy (again) list and yesterday's dip certainly was in the price range BUT I'll now wait to hear what the company has to say including the recent stock sold by insiders. XBC mgmt did the same as part of a financing and it didn't cause much heartburn so that in itself won't turn me off by itself. Both companies face short-term challenges which will be interesting to see how they handle them.

As far as the comment about short vs long posts here, this isn't a tweet so if someone is going take the time to read something I post I'm going to take the time and thought to do it properly as opposed to just a lot of filler with no nutritional content. If someone doesn't like long posts because they take soooo much time to read.... no problem, go onto the next post or ignore the long poster.