FormerXBC Inc XEBEQ

Xebec. Unduly punished by circumstance and timing?

[tamaracktop]

Very possibly.

Among the heavyweights in C/E, and a couple of small caps in the sector often mentioned on this board, Xebec was the first to reach its all-time high.

Xebec traded at $11.55 on January 18th 2021.

Plug peaked on January 26th.
Ballard peaked on February 9th,
FuelCell and Pyrogenesis both peaked on February 10th.
Greenlane peaked on February 17th.

When Xebec announced revised guidance on March 12th, it dropped from $7.94 to close at $4.06 on March 16th. That was 3 trading sessions. 
It was essentially cut in half in 3 days.

On March 16th, which was at the neonatal stage of what has been a protracted bear market in this sector, Xebec was already off 65% from its high due to company-specific news.
It had already been severely damaged when the real trouble for the group as a whole was just beginning.

On March 16th, Xebec was off 65% from its high. It has fallen a further 47% since then.
On that date, Ballard was only off 25% from its high. It has fallen a further 58% since then.
On that date, FuelCell was only off 48%. It has fallen a further 71% since then.
On that date, Plug was only off 43%. It has fallen a further 47% since then.
On that date, Greenlane was only off 38%. It has fallen a further 36% since then.
On that date, Pyrogenesis was only off 18% from its high. It's fallen a further 65% since then.

Xebec was already in the penalty box on March 16th, a date that has been followed by damage to heavyweights and pseudo-comparables ranging in magnitude from 36% to 71%, and averaging 55%.

It would have been near-impossible for Xebec to recover in an environment where those around it have seen their stock prices bisected.

Xebec stock was already off 65% in mid-March, before the others had yet to be halved.
It had already been wounded by company-specific news.

Xebec actually hasn't done any worse than the others over the last 10 months, but it was already off 65% at the beginning of this grueling period.

Personally I think that's enough.

Xebec is trading at book value, with 100% revenue growth and a clean balance sheet, and is about to report record ebitda.

Xebec has already been thoroughly chewed up, and what hasn't been digested has
been spat out.

Xebec has gone from a small compressed-air company in Quebec to a company with a worldwide presence in a few short years.

Xebec is clearly a tremendous opportunity here.

[tamaracktop]

It's time for rational evaluation of what's happened here. It's time to realize that the risk/reward parameters here may well be once-in-a-lifetime, if you're investing with a timeline of more than a few weeks or months. It's very likely a tremendous opportunity for traders as well, although I'm not advocating trading this. There comes a time when it really does pay to

[ddogold]

If you’re invested it’s certainly best to hold unless you need the funds . The time to sell was a year ago when the price hit $10 and beyond . I know I cut my shares then and sold a chunk more after the March slap down . Since then I’ve been in and out , with mixed results . I know everybody has different investing philosophies and timelines but whoever was in , even from $3,$4 or $5 and watched

[Airbud]

It says that when it hit $10+ we thought it should be closer to $17-$20. So, in a word...greed. 

[Gann999]

It says we got greedy but not a chance I thought this would fall 85 percent from there.

[LongoGlueStick]

If you are like me, and held Xebec from 1.80 to $11, what is the point of selling now? You're just giving someone your shares for cheap. Remember, it is best to hold a company like Xebec in a non-registered account, because if it goes down, you can always take a tax loss.

[Gann999]

I never said I was going to sell just that I never thought we would see these prices again