Post by
tamaracktop on Feb 24, 2022 12:35pm
How many?
Some here are wondering aloud why Xebec is underperforming today.
Xebec is a victim of its own growth in the global market.
It's being penalized for its growth in a way.
The growth of its global footprint.
How many Canadian small-caps do you know of that have extensive operations in Europe?
Not many.
HyGear is headquartered in Belgium and Inmatec is headquartered in Germany.
Their revenue streams are pan-European.
Companies like GreenLane are relatively insulated by their primarily North American markets.
Comment by
Ciao on Feb 24, 2022 12:52pm
Based on the contribution of revenues of the European divisions, it makes no sense to be down this much relative to the other cleantech stocks. I'll keep it simple wrt underperfomance; 1) short selling (opportune timing with market fears) 2) technical selling (hitting new lows)
Comment by
filoux004 on Feb 24, 2022 12:56pm
Long XBC , to answer TT both Savaria and CTS have important footprints in Europe and Eastern Europe ..Sis down 1 percent CTS up 1 percent
Comment by
filoux004 on Feb 24, 2022 1:58pm
CTS up 2.3.long xbc at 2.57 waiting for the Financials.
Comment by
Hesiod07 on Feb 24, 2022 1:34pm
Do you think the Board has a fiduciary obligation to conduct an audit of recent share performance in conjunction with the relevant reporting authority?
Comment by
VicesVertus2222 on Feb 24, 2022 4:34pm
If I had shorted Xbc, today would have been a perfect day to clean up the sheet. I can hardly imagine it going back to high 1.30s anytime very soon. I would have taken profits right now and then. And maybe many of them have done so. Today had 1.74M volume on TSX. Not all those were stop loss. GLTA
Comment by
Hesiod07 on Feb 24, 2022 4:52pm
Agree entirely, but what's the remedy? Did you see my previous post about the Board?
Comment by
motivator2 on Feb 24, 2022 1:33pm
The bid is 1.38 TT. Make your move.