FormerXBC Inc XEBEQ

RE:RE:RE:All time high

[catchascatchcan]

I suppose it depends on what one garners from the correlation.  In my mind, while it may be of passing interest, it is meaningless.  If I own those stocks, then I'm passionate about their performance, but otherwise, careless.  Seeking solace in knowing that we've performed 'well' in relative terms given that we're down 60% while others are down 70% makes little sense to me.  What your stock is doing in actual terms is the only fact of importance.  I of course appreciate the use of PE ratios etc to determine relative valuation and in identifying an undervalued stock to buy or overvalued stock to sell, but even that is a very tricky game given the nature of applied multiples which are subject to change at the sector or individual stock level.  Having an awareness of the pack is perfectly fine, but don't put too much time in measuring relative performance, unless you're planning to purchase.  In which case it's less relative ;)  Thoughts for a newsless Tuesday only.  Here's to a COO Wednesday!  GLTA

DueDiligence20 wrote: "nor is our relative trading to other stocks." Correlations would say otherwise. Recent or long past. Sorry.