FormerXBC Inc XEBEQ

RE:RE:RE:TECHNICAL ANALYSIS

[ZouZS3]

Tony, I do agree there is potential for upside but why risk your money if we haven't seen results yet? They can talk all they want but now they need to walk the talk. You can wait that things improve which reduces your investment risk but also reduces your returns. Or you can take the risk, hope they'll manage like they said, and hopefully make higher returns.

tony08 wrote:

ZouZS3 wrote: Right now you're not investing, you're gambling on management! Believe it or not.

tony08 wrote:
correct me if I'm wrong but I think technical analysis must be very useful for day traders but for investors I don't really think it's of much use.

Zou you say it's about gambling!! Name me a single stock that is not "gambling" as you say.

 

Xebec is a risk yes that's for sure, and as I've said many times, I wouldn't buy this stock using grocery money.

 

But stop looking at your day-to-day charts and look at what was reported during Q2 results:

 

- legacy issues already paid for

- Summit revenues that will start to be calculated

- management who adjusted their prices and committed to improving margins

- this undervalued stock is trading below its book value

- the tailwind of global warming which is becoming more and more present for decades

 

Don't you think it's a risk worth taking