My next steps, for those who are curiousThe question I get asked quite often is, "when are you selling your Xebec shares?". I'll finally answer that question for everyone.
As you've all probably noticed I rarely post here anymore, and that's because I'm busy enjoying my life. There's so much more to life than message boards, and even investing. I enjoy travelling, spending time with my wife, kids, and friends, attending sporting events, dining out at new restaurants, and so on.
Xebec is now the only speculative stock I own, but does take up a substantial weighting in my overall stock portfolio, at around 20%. The remaining 80% of my portfolio is in dividend paying blue chips.
I plan on exiting my entire Xebec position in the $2-3 range, and will no longer invest in volatile microcap stocks in the future. My entire portfolio of equities in the future will consist of dividend paying blue chips. It will be an entirely "set it and forget it" portfolio. Why you ask? Because I have enough money to enjoy life, I don't need the stress of monitoring volatile stocks anymore for the hopes of an excess amount of money, it's just not worth it for me. It's a waste of time and energy.
After I sell my shares I sincerely hope for the best for those remaining as Xebec shareholders and for the company, and truly hope it goes to $5, then $10, and higher in the coming years.
Good luck everyone!