If you’re going to look at the last 3 Qtrs, which I too, have mainly focused on, then I agree. But, I also want to believe, there’s value in the corresponding Qtrs of a year ago. After the 3rd Qtr of 2020, I think Xalles reported 845k net income. Sorry, to lazy to look it up at the moment.
To tell you the truth, I don’t know what to think, and no one vacillates more on Xalles than I do. I understand this, about myself. I also believe, that in 12 years of active trading, I’ve never been part of such a mystery. As is Xalles is not a ‘one dollar’ stock, and it’s certainly not, IMO, a below .03 stock.
The correlation between the financials of last year and SP, and this years financials and SP…..just don’t jive with me.
As we speak, Citadel Securities is under investigation for its role in the GameStop/Robin Hood fiasco. Citadel, listed as CDEL, has been the primary manipulator in Xal for the last 19 months. And therefore, I don’t think many of us, realize the true SP value of any such stock so heavily manipulated.
As shareholders, I think we should all try to illuminate this, and unravel the proverbial knot as to why. It’s part Nash, but it’s not all Nash, nor the recent disappointments in rev. I’ve traded and seen stocks over 1.00 SP that we’re 1,000,000 $$$ or more in the red.
So to be clear, I don’t have a problem with what you’re saying. Have a great evening.
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