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 > New lows on both Cielo and Pyrogenesis today

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Comment by Resilience19on Oct 11, 2022 3:51pm

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Post# 35018010

RE:RE:RE:RE:New lows on both Cielo and Pyrogenesis today

@tony, setting a (tentative) price target and not buying once it reaches it is not a bad strategy in itself. What an investor should constantly do is reassess his premises as the sp approaches his target (i e. Management may not have met targets etc). If the originally expected sp is "soft" (i.e. can continue going down) it's best to keep monitoring and, perhaps, buying at a higher price if winds turn. But everyone, obviously, has his own approaches based on risk tolerance etc.

tony08 wrote:
Whognu it's obvious that we do not invest in the same way...

If I remember correctly your past posts, I often notice that you change your entry point each time the price drops...in the end you never buy.

In this case, you were right and I congratulate you, but I think your argument is much stronger by emphasizing that management was not investing in the company.

Your other argument about the chart trend going down, leaves me rather indifferent.....I'm convinced that your way of never buying when it goes down must make you miss good buying opportunities.