Post by
Marcello on Sep 17, 2022 7:17am
It won’t be long now
I don't know when but this bear is not going to be around for a long time and if you didn't average down or start a position at these prices, I would jump off the fence if I was you. Listen it's always easy to blame management for the poor performance of the stock and jump to conclusions why insiders are not buying much stock. Praboo I think started the mess and no longer around and Kurt found out the problem and fixed them but people don't understand when they are losing money, they just want to axe some one and Kurt was on the block. Now Jim and the new kids on the block have been given the reins and they are now in the race to win because just like Kurt every ones faith is on the line. Remember time heals all wounds and brings growth and prosperity.
enjoy
Comment by
filoux004 on Sep 17, 2022 7:25am
As I drink my Saturday morning coffee, I will say this 'Marcello you are one upbeat, positive, optimistic son of a gun but you are no Ray Dalio' Peace
Comment by
tony08 on Sep 17, 2022 1:44pm
Normaly i think exactly like you and I'm not worried about stock price fluctuations and bashers on this board but last friday it's the very high volume of sellers that disturb me. But hey like i said, no way i'm selling without an official news that changes the fundamental reason i first bought this stock
Comment by
Winston1 on Sep 17, 2022 1:53pm
Understood Tony, but their assets are valued significantly higher than its current market cap of $88 million. Even heavy dilution would not justify its current valuation. A joint venture would probably give them almost as much cash as their current market cap. GRN was also down almost 9% yesterday on over 2.5x its average volume.
Comment by
Possibleidiot01 on Sep 17, 2022 3:46pm
Please explain to me how " a joint venture would give them almost as much cash........." Does Xebec own developmental projects they can farm out ? The way my brain sees it , they can buy into a future producing project by contributing equipment /engineering. Not sure if that is ideal.
Comment by
DDT980 on Oct 06, 2022 3:30pm
Too bad XBC cant get anywhere near the same kind of treatment the banks and oil companies are getting on the economic failure of TMX. The government will write-off about $17 billion of debt owing too taxpayers and banks. Oil sands producers will then use the TMX to ship to California refineries at nominal toll rates. Nice!.
Comment by
ZouZS3 on Sep 17, 2022 6:30pm
Fear Alert! This is how Xebec messes up your minds. I understand why analysts and investors have come to hate this company after being blindly in love. It's a hate & love relationship. Love the business but hate the price action.