FormerXBC Inc XEBEQ

RE:RE:What a stupid comment to make.

[Gann999]

First of all I am not anchoring myself to anything. I agree valuations got crazy for the financials at that time but to suggest it can never go back to that valuation on even better financials I disagree with. I am not gambling or suggesting anyone put all their eggs into the xbc basket. Any investment you make at any point in time is a gamble and a risk that doesn't mean you shouldn't participate. I agree downtrend has not broken yet and could likely see a new low even tomorrow. However I also believe the risk to reward is skewed in favour of reward at this point in time.

whognu1 wrote: well NT

respectfully, i think it is you that needs to possibly reframe your understanding on one particular aspect of xbc


you are anchoring yourself to a value in the past that has zero 'guarantee' of returning in a timely fashion


i think we can all agree that over the fall 2020 and early spring 2021, and for a myriad of reasons, the whole ESG complex went parabolic


the smaller and riskier a company was, the higher they flew

as happens with all bubbles/fads/manias sentiment eventually returns to reality


here are the returns for 3 representative clean co's for the latest 12 months


BEP (one of the best) down 25% 

PLUG  down 60%

XBC down 80%

(note, none of these appear to have broken their downtrends as yet)


point is, your billion $ value was not  "real" value, it was a mirage brought on by the clean/ESG bubble


where we go from here? i have no idea, and yet with luck they provide really solid results that mirror what you all THINK they will


yet make no mistake, at 3 pennies over the 52 week low, there is little confidence that anything great is imminent

buying now, or adding to a bloated position, is gambling plain and simple


good luck to you


ps why not just use the iggy button for those whose comments you don't like to read?

ps2 not so sure filoux or ferret or even moi are 'preying on market fears' as opposed to reminding people that there is always value in a "what if" opinion................


xo