FormerXBC Inc XEBEQ

Trae around a core position

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There are thousands of Xebec shareholders who are severely underwater.
Some have ACB's of $8 or $9, or more.

Many of them originally bought Xebec with the intent to hold it for the long term.
Now they're just praying that they'll break even.
Their confidence has been severely shaken.
Some of them are gone.

So far many have held on. In some cases they're holding because they still believe the story,
in many cases it's simply because they're the type that thinks a loss isn't a loss until they sell.

Why not have some fun and buy some more Xebec here, in the mid two's, after 8 months of torture while the stock has dropped 80% coincidentally with the company's revenues have doubled?

Many think the idea of buying more Xebec is distasteful, whereas they thought it very appetizing
At eight or nine dollars.
Their sentiment has been inverted.

Oddly enough this is the ideal time to buy Xebec, for both existing shareholders and for new ones.

TD bank, while hardly bullish, called Q3 numbers a "possible inflection point".
Q4 will prove that it was just that.

The timing is right
There are only 3 days left in Xebec's biggest quarter ever by a long shot.

There is a big rally coming.

If some existing investors in at much higher prices buy more today, they can at least have a little
fun while they patiently wait during the long and arduous climb back to the promised land, breakeven.

In the mid two's, and only very slightly above book value, and with revenue growth that is hard to find elsewhere, buying some more certainly isn't going to hurt anyone.

It will do the opposite.