WildlyBullish wrote: Agreed~ This whole hurried attempt to crash and burn XBC imo appears very orchestrated.


no it is not, if you knew how to read and follow the balance sheet destruction over the last many quarters it was pretty clear to some that this is where it was headed without a clear cut reversal on working capital and other metrics. the secured creditors simply decided enough was enough and with the nation bank financing expired these people decided the soon this happens the more money they'll be able to recover instead of just sitting and watching their loans become riskier and riskier, covenants were broken etc.  this to some was not out the blue and pretty much inevitable to the rest that were stunned you simply didn't fully understand or care to look at any negatives regarding xbc, and there were oh so many.

cheers ferret