GREY:XEBEQ - Post by User
Post by
Tan4646on Jan 28, 2022 9:57am
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Post# 34370746
dow started drop more than Nasdaq
dow started drop more than NasdaqXBC now down to oct 2019 levels, below the march 2020 levels. These small caps have been brutalized to the point that there is not much to beat anymore. Market now beating on the dow.
supply chain won't recover until 2023 unless demand is crushed.,
a used 3 yr old car now sells for more than it was new in 2018.
my opinion is that the market professionals / algorithms (whatever they may be) will move back into some of the beaten down small caps that have innovative technologies like XBC before they move back into the big caps, even if only in a measured way.
at 130M revenue and removal of most of the $6.92 m one time expenses, XBC financials should be more attractive than ever.