Post by
tamaracktop on Oct 06, 2021 11:55am
Take Notice!
When Xebec announced the master service aggreement on July 6th, Chevron didn't mention it.
It wasn't material.
Today Chevron announced the biostream contract.
Suddenly it's material enough for Chevron to issue a press release.
Chevron's market cap is $210.3 billion.
Chevron is positioned to become a long-term customer of Xebec.
Xebec is at the day's high in the US right now on twice its average daily volume there.
I ask again, how can this development possibly be interpreted as "neutral"
It's the close that matters.
Comment by
babedinkleman on Oct 06, 2021 12:01pm
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Comment by
tamaracktop on Oct 06, 2021 12:06pm
Actually, you give me a break. We'll just see how this closes
Comment by
babedinkleman on Oct 06, 2021 12:15pm
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Comment by
tamaracktop on Oct 06, 2021 12:17pm
That's true. The last trade more than odd lots was 3000 at $2.23. It's traded 82 shares at lower prices since then. 82 shares out of 75,000
Comment by
babedinkleman on Oct 06, 2021 12:24pm
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Comment by
babedinkleman on Oct 06, 2021 12:27pm
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Comment by
savyinvestor333 on Oct 06, 2021 12:25pm
Can you post the release? I can find nothing out from Chevron. Thanks
Comment by
babedinkleman on Oct 06, 2021 12:28pm
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Comment by
babedinkleman on Oct 06, 2021 12:35pm
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