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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,... see more

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GREY:XEBEQ - Post Discussion

FormerXBC Inc > Excellent

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Post by tamaracktop on Dec 16, 2020 10:30am

Excellent

This is very good. Probably about the biggest pullback you'll see in a stock this strong is about 5% ( give or take a couple ) before buying emerges. 5% off the high puts us at $7.31, so anywhere down around here looks pretty good. ( $7.20 now )
Notice how fast it recovered to unchanged from the low at $7.11 this morning? I'm really liking the fact that this is coming on light volume.
I have no idea if it will recover to close higher on the day. Nobody does.
When it does start to recover, today, or tomorrow, or whenever, I think the volume will pick up again, and the recovery will feed on itself. I doubt it will take too long to challenge new highs again. Good stocks tend not to accomodate the masses.

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Comment by tamaracktop on Dec 17, 2020 8:10am

Everything looks very good. It's pretty obvious that there isn't a whole lot of stock available. Quite the opposite. There are air pockets overhead. Big ones. The market hasn't even come close to discounting the HyGear acquisition. Ciao's back-of-the- napkin was spot on. These 2 LOI's for ~$50 million are going to have a major impact on revenues as ...more

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