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 > Tempted to invest

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Comment by Newtrader1982on Dec 09, 2020 6:39pm

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Post# 32073387

RE:RE:RE:RE:RE:Tempted to invest

I bought 40 thousand shares today and would be quite happy selling at 10

tamaracktop wrote: You clearly don't understand the market. Who were the sellers today? They were flippers. They were people who bought at 4 or 5 dollars to make a buck or two. Do you think the buyers of 2 1/2 million shares today are looking to farm this out a dollar or two higher in the next few weeks? Of course not. The ACB of Xebec shareholders is headed relentlessly higher, as the shareholder base moves from short term players to longer term investors. Buyers of 30 or 40 thousand shares today aren't looking to make two or three dollars here. They have the staying power many here don't. If you think today wasn't constructive, you are wrong.

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