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 > Possible capitulation?

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Comment by Newtrader1982on Aug 17, 2021 1:21pm

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Post# 33717567

RE:Possible capitulation?

Thanks your input is appreciated

tamaracktop wrote: We won't know till the close, but it's possible.
Volume has already exceeded yesterday's, and the pecentage loss on the day is bigger than any daily loss since earnings.
Losing 26% after reporting record revenues seems a little much, but the market has taken on a mind of its own..
The implied return towards consensus target is now ~ 63%.

margins are going nowhere but up.
Xebec's problems are fixable and obviously management's #1 priority.

The low will probably be market by a strong intraday reversal.

Even a dead-cat bounce would put this comfortably above $3

Everyone hates this.

Say hello to good buy.