GREY:XEBEQ - Post by User
Comment by
AlwaysLong683on Aug 09, 2022 4:47pm
139 Views
Post# 34882910
RE:Here comes the volume T
RE:Here comes the volume TZouZS3 wrote:
Xebec is completely disconnected from the industry. So frustrating. Very hard to predict Q2 after many many deceptions from management. Investors clearly lost trust and are no longer taking any chances
Never owned XBC but all it takes for me to dump a stock is the first sniff of management not levelling with shareholders about information shareholders have a right to know. Also, overpromising and underdelivering is another sell sign for me. I'd rather take a loss and move on than hang around and watch the losses grow in size, or double down and see the share price move lower from there too. Now you've got more skin in the company and and an even bigger loss in total dollar terms than you would have if you just stood pat.
For investors who make their own decisions, it's hard to admit you made a mistake and take a loss. I've taken losses on MDF, STC and a couple of others over the past 1-2 years and am glad I did as I would have lost far more if I stubbornly hung on.