FormerXBC Inc XEBEQ

RE:RE:What should one do

[treehill]

Your post gives the impression that you sold XBC near its high and used the proceeds to buy GRN at a price close to 1/10th of today's price. That didn't happen. GRN hasn't traded at 19 cents since March 2020, at which point XBC was also not doing well and was definitely lower than it is today.

I have shares in both companies, and believe that both are likely to do well. However they are following different strategies. XBC's strategy involves a lot more investment and acquisitions, as it is based on explointing a lot of potential revenue streams. Those investments mean less profitability today. GRN seems to be more a pure play in selling equipment for RNG. The question is which one will have done the best in 10 years time. My suspicion is that XBC will do better, but if not, I'll benefit from GRN.

Canadian_101 wrote: You should have bought greenlane Renewables, they are doing way better and continually provide excellent results for some time now, xebec on the other hand , well, I will let the results speak for themseves. I bought Xebec way back when it was 50 cents,  sold when it went on its wild ride up to 12 bucks and bought GRN at 19 cents, have not regretted that decsion at all.

Best advice I can give you is to average down, if you do not what that means it simply is buying more shares of XBX whule its price drops, hold and pray like hell that the share price, rises then dump it and move on.

Just my 2 cents worth, take it or leave it!