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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 > What was that?
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Comment by Ciaoon Jan 24, 2021 6:56pm
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Post# 32372005

RE:RE:What was that?

RE:RE:What was that?If one must put in stop loss order consider a stop loss limit order, although you will not be guaranteed a fill, your order will not be at market. In the absence of bad news, one coud be patient with a stop loss limit order and can always adjust as needed. There was no reason to panic during last week's flash crash.

Laslty I noted on Friday that Raymond James had about 14K shares on offer at $10.60 and as XBC's share price recovered, this ask got moved 2 price levels above the last trade and was adjusted automatically throughout the rest of the day up and down. That looked like a form of market manipulation.

Ciao wrote: Flash crash caused by slop loss orders being triggered. From the recent high of $11.55 to the low today, that is close to a 15% correction.


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