FormerXBC Inc XEBEQ

RE:RE:Good Luck to All

[whognu1]

And with all that awesome news tony, just look at all that insider buying!!!

finally!!


 

Good luck

tony08 wrote:

retiredcf wrote: Most analysts will tell you that the most important factor for a company is strong management. You can have the best product or assets or be in a sector that's on fire. But if the crew in charge don't know what they are doing, it can all be for naught. Held XBC for years and at one point, it was one of my largest holdings but I just didn't like the way the company was performing this year. It was painful but I made the decision to punch out the last of my holdings 3 weeks ago when we got back to $0.99. And if you think that's BS, you can check my 25 August post on the GRN BB.

It has been a long slog and hopefully management can right themselves and turn things around as XBC's shareholders are certainly deserving. GLTA

I find it unfortunate that you let yourself be influenced by the price of the stock rather than by fundamental reasons.

 

You seem to question the quality of current management.

 

  Yet they have just announced the end of legacy issues, they are starting to reduce production costs and only accept contracts that bring in profits, they are only just starting to collect Summit revenues, not to mention their backlog of more from $270M

 

Basically, everything points to an upcoming improvement and when you think about how undervalued the stock is, the upside could carry us much higher.

 

So good luck despite everything retiredcf