GREY:XEBEQ - Post by User
Post by
tamaracktopon Mar 23, 2021 12:40am
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Post# 32856212
A Couple of Neat Coincidences
A Couple of Neat Coincidences The all-time closing high before the covid-meltdown was on February 19th last year. It was $4.52, the same as today's close.
Xebec had come from 67 cents exactly 2 years before that, and from 17 cents 3 years before that.
Just over a month after reaching that high, Xebec registered its lowest covid-close ever at $1.99. That was on March 23rd. That was exactly a year ago today. Exactly a year ago today.
Everyone thought it was game over. Bill Ackman was on CNBC that day saying Hilton Hotels was going to zero.
It took just over 3 months for Xebec to recover, and to make a new high yet again. It closed at $4.65 on July 6th, 105 days later.
This is a setback, for sure, but Xebec will recover again, in time.
The good news is it won't be long before we hear Q1 results. After that, yoy revenue comparisons will be astronomical