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 > Even our Permabulls

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Comment by savyinvestor333on Jun 11, 2021 12:29pm

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RE:RE:Even our Permabulls

I believe alot of this "manipulated trading " is just computer driven algo's if they sense selling they pull the bids lower and then the same on any buying pressure. We have to remember without any news release of Biostream sales we will probably continue to drift as we keep eating our cash reserve up without any offsetting sales. Once we get some sales we should get some traction.

Ciao wrote:

savyinvestor333 wrote: seem to be turning pessimistic. To me that means keep nibbling

I find the trading activity puzzling and unusual in light of the recent news. Can't say that I've ever owned a stock that has gone down 7 consecutive days or down 11 out of 12 trading days till now. Not having seen this before and the disconnect between fundamentals with the share price it makes me think that the stock has been manipulated. Lastly, selling begets selling, so some are selling just because the stock is dropping.