GREY:XEBEQ - Post by User
Comment by
AlwaysLong683on Oct 10, 2022 7:31pm
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Post# 35016224
RE:RE:RE:RE:The pain too will pass
RE:RE:RE:RE:The pain too will pass Marcello wrote: Wellness or Yoga classes what a great idea. Well everyone saying I'm in la- la land I just have one question for you all show me with out a doubt that its truly hopeless and it's over for Xebec and it will be going to zero and l will lick my wounds
Marcello, you seem like a nice guy, but a key part of investing in stocks is to try and determine how likely it is that a given company's stock will rise in price or achieve some other future event. Thus, at this point, the question is how likely is it that XBC comes out of this with its common shareholders intact, not whether it's possible.
Put another way, is it possible to put $1,000 on "6 Black" on a roulette table and win a huge amount of money? Of coure it's "possible". However, the reason very few people do this is because it is highly unlikely to happen. You seem to be doing something similar to betting on "6 Black" and asking people to prove to you that it's not possible to win. Sure it's possible, but highly unlikely....
Now, maybe XBC has a better chance of salvaging some shareholder value if it comes out of CCAA intact than betting "6 Black" at a roulette table, but I'd say the odds are that common shareholders will get nothing if XBC emerges from CCAA.