FormerXBC Inc XEBEQ

RE:RE:RE:RE:RE:RE:RE:RE:We're looking for improved margins and positive EBIDTA in Q3

[CorruptedLushDr]

I suspect you are echoing the sentiments of all of us who currently hold this stock.  I'm not interested in a buy-out either.  But I also don't see any one major event here that will turn the tide (though I'd love to be wrong on this). Remediating their reputation by chipping away piece by piece, meeting expectations, pleasantly surprising from time to time, consistently progressing quarter after quarter is likely the only way out of this hole. 

Ideally, once the above is accomplished a stronger, sturdier, more robust company will exist in it's place. One better prepared to fully capitalize on the next time the market comes calling.

catchascatchcan wrote: Agreed.  The fact that no insiders are buying is glaring.  I'd they lack confidence even at these levels, how is retails supposed to find any?  A buy-out would be worst case and dash dreams and lock in losses.  Hopefully that doesn't come to pass and we're allowed to fight for our lives at a minimum.  



quote=CorruptedLushDr]At this juncture, holding this is going to require huge amounts of patience.  With O and G raging on plays like this one are of little interest to anybody intent on making money.  Unfortunately, management successfully managed to sheet the bed at precisely the wrong time.  They squandered any momentum and butchered any credibility that might have insulated them from the current market sentiment.  This has been followed by relatively underwhelming performance and progress (at least relative to other developments in the broader market).

Boatloads of insider buys might signal some sense of defiance to the current state of pathetic decline. Havent noticed that happening.

I suppose it is typical to start speculating at this point with the stock price where it is whether this company now becomes a potential acquisition for a larger fish. 

Frustration for today. Patience for tomorrow. 

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