RE:RE:It won’t be long now Tony, you're one of the good ones on here, so I'll offer you some thoughts to ponder.
Xebec is not alone in its recent descent. The best way to counter the FUD (fear, uncertainty, doubt) spread on this message board, and every other stock message board and to give yourself some peace of mind is to always compare the stock in question to the rest of the sector that it's in, and the broader market.
GRN, FCEL, BLDP and the NASDAQ index are all down since August 25th, just as XBC, although of course the magnitude of losses is greater for XBC being a volatile, actively traded microcap stock.
Of course those unsavoury characters on here with ulterior motives will spin Xebec's descent as something catastrophic for this company alone, but it's all just speculation, nobody here knows anything more than anyone else here, they don't have inside information. This moves up fast on no news as we saw it spike from 71 cents to $1.01 over 3 days, and it also gives up all those gains and descends on no news. Don't read too much into it, it's the market being the market, and Xebec is following the trend of its peers and the broader market.
tony08 wrote: Marcello wrote: I don't know when but this bear is not going to be around for a long time and if you didn't average down or start a position at these prices, I would jump off the fence if I was you. Listen it's always easy to blame management for the poor performance of the stock and jump to conclusions why insiders are not buying much stock. Praboo I think started the mess and no longer around and Kurt found out the problem and fixed them but people don't understand when they are losing money, they just want to axe some one and Kurt was on the block. Now Jim and the new kids on the block have been given the reins and they are now in the race to win because just like Kurt every ones faith is on the line. Remember time heals all wounds and brings growth and prosperity.
enjoy
Since I bought back XBC at the start of the year (after selling them when it was climbing towards $11 with nearly 300% profit), the stock has never stopped falling (except after Q4 results for a short period of time).
Despite everything, I have always remained positive about the potential of this company.
The price of the stock didn't matter to me because I didn't intend to sell for a few years.
For the first time I am shaken by this latest price drop....It's not so much the price itself because a few hundred or thousand that sell in panic it happens, but the high volume in the last hour on Friday, it's not ordinary.
What is certain is that I remain on my positions as long as there is no official news to convince me to sell, but the doubt begins to take place.