FormerXBC Inc XEBEQ

I'm completely wrong

[tamaracktop]

Xebec closed at $3.90 on May 12th of this year, at $3.75 on May 13th, and at $3.65 on the 14th.
It's strange I didn't remember that.
I must be a defense mechanism-like thing.
I believe Freud called it motivated-forgetting.

Anyway, 4 days after the $3.65 close on May 14th it closed at $5.01.
Thing can turn extremely fast, especially when people feel bleak. Their bleakest.
How did you feel at $3.65.
It put on 37% in the next 4 days.

It hasn't traded at $4 since then, although it made its daily low at $4.01 on June 30th, July 2nd, and today.

I find it an interesting mathematical coincidence that the repeated daily lows at $4.01 have occurred exactly 10% above the year low-close at $3.65.

I'm sure it's just a coincidence but it's kind of neat.

I'm guessing there's a brick wall of bids at $4 and $4.01.
The people bidding at $4.01 are pennying the bidders at $4.00.

[Newtrader1982]

wierd I missed those completely I must have burned those days out of my brain lol

[tamaracktop]

I might add that the May 14th low-close at $3.65 came the day after Q1 numbers were announced. There was no announcement that caused the 4-day rally to $5.01 immediately afterwards. There was no catalyst at all. I guess the market just decided the stock was oversold and started looking to the future instead of dwelling on the past. Like it always does.

[Ridgeback]

Not worth adding. Good Luck!

[tamaracktop]

You say my parable about Xebec's 4 day bounce from $3.65 to $5.01 wasn't worth adding? I mean no offense, but I don't think you got my point. My point was that there was No News when that happened. We all know the market gets stretched in Both Directions. I was suggesting that while some here think we need a positive news release or some sort of catalyst to turn this higher, I strongly

[Newtrader1982]

Only thing I don't understand is I keep seeing you mention how fantastic their balance sheet is saying it's bullet proof and such. Q1 of this year they made 20.6 million but net loss went from 0.7 million on 12.2 million revenue to a net loss of 9.2 million 13 times what they lost in the previous year on q1. Ebdita went from 0.7 last year to negative 5.8. Gross margin decrease by 5%. Even

[filoux004]

Excellent analysis ! Go Bucks Go ps CTS

[tamaracktop]

You're quoting numbers from the Income Statement, not the balance sheet. At this stage of the company's evolution, top-line growth is far more important than bottom-line growth. I wrote a post five days ago titled Xebec is Experiencing Growing Pains.  In a post from kulewater the very next day of an article describing his assessment of the company, portfolio manager Jamie Murray used

[Newtrader1982]

Thanks for that clarification they will do well I agree but a tad of pessimism is healthy I believe. Also just one more point it's a bit misleading to say they are non recurring costs when the plan moving forward is to aquire many more companies. I get your point they don't reoccur ever year for the same acquisitions but they most certainly will continue to occur with new acquisitions

[tamaracktop]

Right on.

[tamaracktop]

Today will be a real test of Xebec's metttle. Remember, on March 17th Xebec opened down $.40 at $3.76, rallied to $4.52, and closed at $4.29, up $.023 on the day. It's the close that counts. Ignore the noise in the middle.