GREY:XEBEQ - Post by User
Post by
tamaracktopon Dec 19, 2021 7:35pm
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Post# 34245479
Please let me edit that a bit
Please let me edit that a bit An excerpt from the article Zou posted
And a couple of comments
"At Xebec, the company continues to make its clean energy systems at a profit, but it had to revise its guidance after it missed revenue expectations.
Some companies, such as Ballard simply don’t issue guidance. It’s been through a bubble in 2000 — the original dot-com bubble — when it’s share price surpassed $164 and then plummeted to less than a dollar and rarely broke above $5 in the ensuing two decades."
Hmm, ..."Xebec continues to make its systems at a profit."
"Had to revise its guidance after it missed revenue expectations?"??
The last guidance revision was upwards...
"For fiscal full-year 2021, Xebec is updating its previously announced guidance with revenues now expected to be at the top end of the range of $120.0 to $130.0 million from $110.0 to $130.0 million"
Ballard did indeed fall from $164 to less than one dollar after dot.com.
In fact it traded as low as 62 cents on November19, 2012.
Less than 10 years later it traded at $53.00.
That's what markets can actually do, and sometimes it happens.
Ballard actually did go from $164.00 to 62 cents.
Everyone thought Ballard was toast.
Everyone hated it.
It has traded as high as $53.90 since then.
That's an 87-fold increase.
I think it was Filoux who asked if I had a $30 to $40 target within 4 or 5 years, before I banished it.
Absolutely I do.
Stocks make historic lows when everyone is fed up with them, and think it's over.
They always have and always will.
This is the stock market.