Post by
tamaracktop on Aug 31, 2022 5:12am
No trades undr $.90
Xebec has made 9 sequential higher lows in the 12 sessions since August 12th.
That's a fact.
No small feat.
You'd be hard-pressed to convince me that this stock is trending lower, or moving sideways.
In fact, convincing me of that would be impossible.
Comment by
bmbruce on Aug 31, 2022 10:25am
an opinion...seems to me, in the absence of any major announcement, that overall market sentiment rather than fundamentals is whats going to move stocks in the near term...
Comment by
Gann999 on Aug 31, 2022 10:35am
Agree with the overall sentiment but let's also be mindful major announcements usually come out of nowhere.
Comment by
tony08 on Aug 31, 2022 10:59am
Agree with you Gann and I would add that the generally widespread need across the planet to reduce CO2 emissions and our dependence on fossil fuels multiply the possibilities of major announcements for a company like Xebec.
Comment by
Gann999 on Aug 31, 2022 11:05am
I would actually argue that co2 emissions is not the real issue as co2 is need for plant life to thrive and trees have a natural ability to abosrb lots of co2. More harmful emissions like methane that xebec is targeting to reduce.
Comment by
tony08 on Aug 31, 2022 11:56am
Gann I agree with you that methane, in equal quantity, is more harmful than CO2 but the main component (by far) of greenhouse gas emissions is CO2. Moreover, it is obvious that trees alone are not enough to neutralize these emissions.
Comment by
Gann999 on Aug 31, 2022 12:13pm
All good xebec is attacking that issue as well with it's carbon capture technology