FormerXBC Inc XEBEQ

RE:RE:RE:RE:Zouzou's post is extremely good news

[Islander68]

Babe, you are absolutely right!

So, I am one of the foolish ones.  I originally bought in at $10.40 when TD had target price of $17.50 I believe it was. XBC crashed through my mental stop, so I hung on...... "Loss Aversion" mentality at its worst!

Listening to TT et al, I hung in.... even bought more to average down.....  average price for a measely 10,000 shares was $6.95.  XBC certainly checked off the boxes for those that want to limit themselves to ethical investing.... brother-in-law advised me to jump into oil and gas, but i wanted to help do my part for the renewable sector.... still i hung in.  I even bought more in a second RRSP account and also in my TFSA

As recent as two weeks ago I considered loading up while it was sub $1. figured I could recoup my losses faster.

I was 100% XBC..... yeah I know!!!  I dont blame anyone for my loss, I pulled the trigger, so its all on me.  However, for those like TT, please be aware that  novice investors do use your comments as confirmation bias when deciding to jump in, or stay in.  

I'm very far from well off, was hoping to use XBC "generational wealth builder" not to get rich, but to move the retirement goalpost ahead by just a couple years.  Not so much.  RRSP is now gone down the toilet with XBC.... at least I still have a pension I suppose.  At 53, goalposts are now extended probably 5 years to about 70. 

Anyway I know how stupid I was, but just wanted to confirm what Babe said..... I'm living proof!