GREY:XEBEQ - Post by User
Post by
tamaracktopon Sep 06, 2022 5:23pm
201 Views
Post# 34945043
They've got it backwards
They've got it backwardsI've never understood the analysts' rationale.
I've never understood their apparent solidarity in favoring GreeLane over Xebec.
I suppose there's strength in numbers.
Just not much strength in their numbers.
Xebec had its lowest close since August 23rd today.
Exactly two weeks ago.
It's still up a very respectable 37% off its low.
Very very respectable in this market.
GreenLane closed today at its lowest level since the July 29th close, over 5 weeks ago.
It closed up 20% from its low.
Out of the 11 analysts in North America covering GreenLane today, the high target is $4.00, the low target is $1.35, and the median target is $1.95.
I think that not only do the analysts have this story wrong, they've got it backwards.
So far the market seems to agree with me.