GREY:XEBEQ - Post by User
Comment by
tamaracktopon May 04, 2021 7:59pm
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Post# 33129354
RE:RE:RE:My fear
RE:RE:RE:My fear My apologies if I didn't express my point properly. I wasn't suggesting the that the other stocks in this sector won't affect Xebec. Who would suggest such a ridiculous thing? I was actually suggesting they already have, while adding that their influence appears to be diminishing.
You made the statement that "It will be difficult for Xebec to double from here as, all the others get cut in half that's basically all I was saying."
Those "others" you mention have already been cut far more than in half. I doubt they're going to get cut in half yet again, although anything is possible in today's market.
It seems to me that the market is beginning to recognize Xebec's strengths, not the least of those strengths being its balance sheet, its recurring revenues, its alliances, its footprint, and its diversified revenue streams.
This "enlightened market" is evidenced by Xebec's relative strength in the sector, which I've mentioned often lately.
While I acknowledge the small sample set, since Friday's close, FuelCell is down 11%, Greenlane is down 9%, Plug is down 13.7%, and Ballard is down 26%. Xebec is down 1.4%.
Relative strength in weak markets usually translates into relative strength in the stronger markets that invariably follow.
I said only yesterday that "Xebec is a different kind of animal".
I think it's starting to show its stripes.