GREY:XEBEQ - Post by User
Comment by
ZouZS3on Jul 19, 2021 7:29pm
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Post# 33573336
RE:In the Afterbirth
RE:In the Afterbirthtamaracktop wrote: In the immediate aftermath of Xebec's guidance revisions on March 12th, Xebec dropped from $8 to a low at $3.76, 4 days later.
The day it hit $3.76, it closed at $4.29. ( March 17th )
Today was a successful test.
It traded down to $3.76, but never below that, and closed at the day's high.
What has happened since March 17th, only 4 months ago?
* Xebec has announced Q4 and full-year earnings. They are now history.
* Xebec has expanded US manufacturing capacity with the acquisition of Tennessee-based Nortec
* Xebec has announced a 69% increase in Q1 revenues.
* Xebec has appointed a new COO to replace long-departed Prahbu
* Xebec has announced a supply agreement for a fueling station in the Netherlands
* Xebec has announced its second first gas-as-a-service contract. This one in Germany
* Xebec has expanded its manufacturing capabilities and product line with the acquisition of Tiger Filtration in the UK
* Xebec has commissioned yet another gas-as-a-service hydrogen generation system. This one in Turkey
* Xebec has signed its first bulk order for the sale and servicing of a minimum of 18 Biostream units with a leading US dairy farm developer.
All of this has happened in the last 4 months.
I wonder what will happen in the next year.
Today, Xebec closed down less than the Dow Jones Industrial Average and in line with the S&P.
FuelCell and Ballard were actually up on the day.
I truly believe the tide is turning for this group.
I'm very bullish on Xebec, for a number of what I believe are good reasons.
Perhaps I'm being overly optimistic,
but that's what keeps me going.
NADA happened, we are caught up in a vicious circle! 3 ways: UP, Down, or Sideways...we went UP until Feb, went down until March, and we sideways until today. Something is about to happen.