FormerXBC Inc XEBEQ

Question for longs

[TeamEddie]

I am scaling in as a long term play (after getting trapped lol)

Are the write downs done or will there be more

TIA

[Macmckim]

It's going to be a roller coaster ride TE,  year end financials and company comments on past few months come out on March 25.  If investors do not like what they hear, down it goes again, of course if we like the information, sky's the limit. GLTA

[catchascatchcan]

The sky is not the limit.  Irrespective of what management says on the 25th we are not going to bounce hard.  Reputational damage can not be repaired by promises rosier days to come, from the the same mouths of those who's reputation has been so damaged.  Words will no longer be trusted, and we are looking at a solid 3-4 quarters of decent numbers before this feels like a

[nbastar1986]

Great point, this is a show me stock now. great potential but they MUST execute and I would underpromise and over deliver.

[savyinvestor333]

Agreed  as Warren Buffet would say  "if you don't feel comfortable owning a stock for 10 years, you shouldn't own it for 10 minutes." Why do people think there investments should jump the minute they buy them?  

[Heynow27]

I believe that the stock is pricing in further write downs and cancellations. If the ER a disaster it will plunge again. I'm keeping my full position until I hear the conference call because I think they are leading with the bad news and will rescue the stock on the call. 

[Zoltar4kingrite]

i bot today at 4.30...hoping for a bounce ..will hold may take a hit til 25th...then reval...a buck lower will add...a buck higher may sell...LT s/b ok...