GREY:XEBEQ - Post by User
Comment by
catchascatchcanon May 04, 2021 12:24pm
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Post# 33123905
RE:RE:My fear
RE:RE:My fear'Absolutely likely' should read absolutely possible ;) GLTA
catchascatchcan wrote: That is absolutely rational concern. You can't fight the tide, the tape, etc is always a factor. Peers are not doing well, and in addtion you have a market that toppy. I share the same concern in that we have no coushion left to soften the blow from a less than perfect quarter, which is absolutely likely, to a market drop which is also likley. Layer on the seasonality of the market - sell in May, and there are real dangers here. I have limited faith in the market seperating the good from the bad, given the vast delta in peer market caps already. The big question in, what would a lower bottom look like for XBC. While this post reads as universally negative, I'd argue that it's simply pragmatic. We're trading at a low, and while longer term I am very confident we'll be higher, short term we could get some heartburn.
| Newtrader1982 - (5/4/2021 11:39:52 AM) My fear My fear going forward is that it won't matter how well xebec does going forward because we will just be dragged down by plug fcel and ballard as they continue burning through cash and putting out bad quarters. Hopefully the market will separate the good from the bad at some point but if ballard were to lose another 50 percent moving forward what does that do to xebecs share price? |