FormerXBC Inc XEBEQ

Coming up on a big anniversary

[tamaracktop]

Next Wednesday will be the 10-month anniversary of an infamous day.

It was March 12th when Xebec issued the guidance revision that put the stock in the
penalty box.
The stock had closed at $7.94 the previous day, having been as high as $11.50 in January.
It dropped 31% that day to close at $5.46 on 9.5 million shares.

Now read this excerpt from the press release very very carefully:

"As a result of extraordinary items in its Cleantech business segment and due to the impact of the Covid-19 pandemic, Xebec no longer expects to achieve its previous full year 2020 revenue guidance of $70 to $80 million. While the financial review remains ongoing, revenues for the full year are expected to be approximately $57 million."

Xebec "had traded as high as $11.55 in the market based on guidance of $70-$80 million."

Today guidance sits at $120-$130 million for the year just completed.

The stock is $2.30.

There has been no stock issuance since then.

Think about that.

[LongoGlueStick]

I see your logic Tamaracktop, but the thing is, Kurt has disappointed several times in the past, and may not meet guidance (I thought Xebec didn't give guidance?) this time. What if we come in much lower? Like 90 million instead of the 120-130 anticipated? I think the reason why Xebec is trading where it is, is the reality that Kurt has lost credibility and people don't think he will meet

[tinkvid]

Xebec "had traded as high as $11.55 in the market based on guidance of $70-$80 million." On that Meteoric Rise to 11.55 newsletter writers were pumping this to their subscriber base and then once they release their newsletter to the general public they have all sold leaving unsuspecting retail buyers holding the bag. Happens all the time.  Follow the science on this one...Hygear

[Gann999]

You are seriously stretching here you think Kurt is gonna revise revenue guidance upwards if there was even a remote chance of q4 being only 10 million in revenue give me a break glue stick. It's going to be worst case 40 million revenue with positive ebitda of 3 million and best case 50 million with positive ebitda of 5.1 million the truth will probably lie somewhere in between.

[Ciao]

Now I wonder if someone I just put on ignore today is a basher. There are a few on the Yahoo board that are hiding in plain sight. https://www.investorvillage.com/smbd.asp?mb=445&mn=25514&pt=msg&mid=1288319

[Tan4646]

Perhaps my arithmetic is not what it should be, but last 3 qtrs revenue is 79M, are you expecting $11 m for qtr 4?,, really ?, I was happy to add the last two days (buying sirloin for the price of roast),