Post by
tamaracktop on Dec 15, 2021 10:42am
Even the faithful are turning away
This is what the market does. It torments people and plays with their heads until they don't know which way is up. Xebec is now at 1.127 times book value, it's trading at less than 3 times revenues, and it's about to report ~ 120% yoy revenue growth. The stock is now trading at essentially half the consensus analyst targets....Yet it's trading at a new year low and obviously people are selling. Mark my words. When Xebec strings together a few strong sessions on volume, which it will, the doomsayers will be bullish again, just like Filoux when he posted that he bought 6000 at $3.60 four days after he posted this was dead dead money. Xebec is a terrific buy right here and right now. People who hold through this period of tax loss selling in the small caps and in this sector overall will soon be very happy once again.
Comment by
filoux004 on Dec 15, 2021 10:47am
Just for the record TT it was 6000 at 2.58 and I was just trying to play what appeared was a Rallye which did not materialize. You still calling for 35$ by 2025. Gday