RE:RE:Feb 20th, 2023 Ok, this got longer than anticipated. But please have a look. All facts, all taken directly from the databases we obsess over every day about this stock.
The more I review it, the more gobsmacked I become.
Here we go...
@dontfollow, as I posted a couple of weeks ago, Xtract was listed by the Globe and Mail as one of the TSX's top ten undervalued stocks in July 2023- 8 months ago.
https://www.theglobeandmail.com/investing/markets/stocks/XTRA-T/pressreleases/18887081/xtract-one-technologies-top-10-undervalued-growth-stocks-on-tsx-xtra/
At the time of that article (data gathered on July 26th, last business day was July 14th), we were sitting at .86 cents Canadian. Undervalued at .86 cents...not .64.
Since then, we have had our three best sets of financials to date. and we're down .22 cents. Over a quarter of our value since last July.
Conservatively speaking, I would say we should be in the 1.20 to 1.25 range. If you'll recall, that's where we were in April/ May of 2023. So it's not like we haven't been there- and that peak was achieved minus our best financials.
Fun fact- if we go down two more cents tomorrow, we will be down HALF OUR VALUE from our May 26th high of $1.24...50 percent. Fiddy. Cut down the middle. Bisected. Judgement of Solomon.....
With all the good financials, the international expansion, the TSA approval...we are down 50 effing percent.
So let's recap.
-undervalued when we were at .86 cents
-our 3 best financials ever since July 2023; also in that time:
-international expansion
-TSA approval
-US Dept of Veteran Affairs
-AAPB Baseball (12 venues)
-Indiana's Community Health Network- multiple venues
-HEB Centre, Baird Center, CPKC stadium,
- three uk international amusement park venues
-zero lawsuits
-zero federal investigations
- zero bad media
=Lost half our value.
If there is ANY point I want fellow Stockhousers to read, it is this...
The last 8 months has been the best period Xtract has ever had, in every facet, by a country mile.
And the stock price is cut by 50%.
And then you hear Evans say we are on a rocket ride. That guy has gotta lay off the peyote. This is not normal, folks.
Please just read these facts and try to explain it for me.