FormerXBC Inc XEBEQ

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Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.

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FormerXBC Inc > Buying or selling

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Comment by ZouZS3on Dec 28, 2020 12:24pm

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RE:RE:RE:RE:RE:Buying or selling

Timing the market is extremely difficult to do because you need to be right twice. Its hard enough to figure out when you need to get out, and its often close to impossible to know when you need to get back in. Buy and hold approach for XBC is the best way to go. I gradually averaged up over time to get to 90% of my portfolio into this stock. The more I read the more I became confident. I think the best thing to do when dealing with growth stocks that rewards you with abnornal returns in short periods of time is to1)continiously monitor your stock very closely 2) set short-term 6months targets where you learn to enjoy taking profits 3) and at this time reassess the company and industry and set a new 6months targets if you still are convinced about their future outlook. If you're in it for the longer term you can repeat this process for years.

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