FormerXBC Inc XEBEQ

Industrials

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.

GREY:XEBEQ - Post by User

FormerXBC Inc

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Comment by Xebecguy2020202on May 13, 2020 8:09am

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Post# 31020964

RE:How about this?

It is perplexing that volume is so low on this company. I have seen smaller pennystocks with poopy balance sheets trading with more volume over the same time period. Id be a little bit richer buying at 3.33 and selling at 3.36, only to do the same cycle again repeatedly for the last week lol.

What is encouraging is that shortly after the dump to 3.10, the share price jumped right back up to 3.21. Rather quickly. There are investors out there that see the value in this company and probably added to their position.

I did not have cash available and would have done the same.

However, yesterday's dump should be a bit of a harbinger as to how delicate this market can be right now. Be excited, but also do not get shocked if we see another dump like yesterday afternoon.

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