Will XBC.TO ever recover or should I sell at a loss?

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Asked on September 29, 2021 4:07 pm
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Hi Zachary,

That is a question only you can answer. There are many factors at play here. XBC has obviously suffered from some mis-management and it'll take a while for the company to regain the market's trust. Personally, I am holding the company as I don't need the cash and am giving the company a few quarters to figure things out. I also didn't have a large position, so i'm happy to proceed as though its a complete write off.

The company is cheap here based on expected growth rates. However, there is no question that the company is struggling. I know many who have exited their positions and taken a loss. It is likely situation specific.

Mat

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Posted by Mathieu Litalien
Answered on September 30, 2021 5:46 am