RE:The shorts are running out of time and spaceI am using broad strokes, granted, but the facts remain. I will not argue, and am happy to see, that we're looking brighter operationally.
It has to be mentioned though, that our pending $45M quarter, was entirely at the expense of last quarter. It's effectively a timing issue from a revenue standpont, and does not put us at a $180M run-rate. The market is not stunned, and knows this. They also know that we don't have a $45M quarter in the bag, even at that.
And people should come to Christ with the fact that we are not PLUG, nor their peers. Nor are we measured against them from a value-proposition standpoint. Nor will we ever be. No one in the market will complare PLUGs market cap, revs, and profit, and comp them to XBC and determine us to be wonderful deal and plow money into XBC over PLUG.
If you're not convinced for all the most basic and obvious reasons, you should appreciate the level to which a rising tide has not risen our boat. PLUG has run hard off the bottom, and left even it's 'peers' far behind. It's because irrespective of the fact that PLUG is richly valued, it is THE hydrogen play, globally. They are a $50B USD pure hydrogen play with internation projects and fortune 500 ties. If you're betting on hydrogen being a part of the clean energy mix over the next 5-50 years, PLUG is the best way to play it. Traditional valuations don't apply, and while many will cry heresy, the proof is in the pudding. Those still screaming about TSLAs miss-valuation have and will continue to be left in the dust, and muttering to themselves in a dark corner praying for corporate demise to finally corroborate their failed investment thesis.
Appologies for the rant, but don't convince yourself of false truths, like we have any association with the likes of stock movements of PLUG et al.
Anyone who isn't living in this fishbowl has a completely different perspective, and you would as well if you weren't invested.
Someone walks along and reviews the last 4 quarters and the stock performance and management errors, and they do not line up to throw down money.
We have a lot of work to do to earn back confidence, respect, and capital, and it's going to be a marathon.
So sure, this might be viewed as poopooing XBC or a sure sign of the bottom given my sentiment, but I am no one, and neither are you. We do not matter, and nothing spoken or traded within this group will have a bearing on the stock price. Not a $5 investment of $500K investment.
The bottom will be in when it's in, and thus far we have no proof it that. All we've proven to date is that many here love to talk with certainty and apparently love to be proven wrong.
Let's see what comes tomorrow when all the USD trading comes back.
GLTA
tamaracktop wrote: Just a couple of points:
Firstly, I agree with several of ddogold's points
I don't agree with catchascatchcan
catch wrote, "It's been a year since the floor fell out, it'll be close to another before we have regained confidence."
I couldn't disagree more. The floor "fell out" when Xebec revised guidance on March 12th, just over 8 months ago, and it's definitely not going to take a year to regain confidence. No way.
Xebec is on the mend, and it's healing fast. Just look at recent sequential financials.
Xebec is more than halfway through what will be a blowout quarter that will produce record revenues of at least $45 million.
The market looks far down the road. Ballard and Plug are both evidence of that. Both are cap'd at many billions and yet neither have ever reported a profit.
Xebec is on the cusp of doing just that, on quarterly revenues of approximately twice those of Ballard I might add.
The shorts are running out of time and space. The upside for shorters here is very limited and the risk is enormous. Xebec isn't going to trade down to book value.
At some point, they're going to get squeezed.
You'll know it when you see it.