FormerXBC Inc XEBEQ

RE:RE:RE:How much time did you waste worrying about Xebec last week?

[Ciao]

Don't disagree that the news flow has been quiet but it doesn't mean there was or is nothing going on.  

As we heard in the Q3 call they had purchased 2 U.S. service centers in the quarter (that surprised me) . As for contract annoucements, unless it is significant (ie. 10% of 2021 rev or a strategic / new customer) it won't be announced, it just gets added to the backlog (lead times for BGX units are 6 months plus). They secured components for 30 BGX units which we heard in the Q3 call. So they do expect to sell at least a total of $55M (including the Chevron/Brightmark) BGX units in 2022.  Those 3 items could be considered news worthy to news starved shareholders, yet it was not announced until Q3. Lastly, CarbonQuest announced commerical startup of their first carbon capture unit in NYC, this is over a year after their partnership announcement. XBC could have put out a news release to remind investors; XBC is their exclusive supplier for their CCU, they elected just to post on social media.

babedinkleman wrote:

Gann999 wrote:
It depends on your exposure if I only held a few thousand shares I wouldn't even give it a second thought. However I hold 10s of thousands of shares so it's natural to worry about my investment especially if it keeps making new 52 week lows.

Exactly.  Very easy to 'not worry' when financial risk is low or even zero. 
Strangely people with real money at risk get bothered by lower highs and lower lows and losing money on a stock that hits new 52 week lows every week. 
Bottom line this stock is trading horribly (mostly sector related but the sector isn't getting killed for no reason)......news flow has all but ceased.....pipeline likely shrinking by millions weekly....and based on past performance we have some management that in my opinion may be sub par. 
I'm guessing most people invested here wish they'd never heard of the stock.  Anyone who bought over $3 made a 'colossal mistake'....contrary to the 'demanding respect' clowns who chided those like me who sold on the way up to $4 (and then unfortunately got sucked back in lower).  I think this may be a long term winner....but goddamn it's a long drawn out ride and anyone who has bought above $3 will more than likely just be glad to get out with their original investment in tact.
Not to mention strange comments coming from TT of all people, who more than likely thinks about this stock almost every waking hour of every day.....used to be obsessed with intraday trading.....where it closed (as that was all that mattered even though it didn't matter at all).  But yeah doesn't worry about it in the same sense of people with large sums of skin in the game....why would he?  I don't worry about AMC or Tesla either.  Guess why.  In reality I don't worry about this one either as my investment is relatively small and it could lose a dollar more a share and not have much result other than "Yup....lesson learned".  And I do undertand TT's point....but the term 'easy for you to say' comes to mind.
On a good note my VET has almost doubled in the same time this stock has more almost halved......good to be hedged / diversified I guess. 
Carry on.