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 > I really don't want to consider this but....

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Comment by sumpinehon Nov 23, 2021 11:17am

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Post# 34157139

RE:I really don't want to consider this but....

This has been my biggest worry for XBC for quite a while. We need the Reddit crowd to chase away these shorts.

tamaracktop wrote: I've spent quite some time wondering why anyone would short Xebec at these levels.

There is one possibility that would make sense, but that I sincerely hope isn't the case.

Everyone knows that takeover bids involve offering a premium to the prevailing stock price.
In Xebec's case, it would have to be a big one.

If I was a company eyeing taking a run at Xebec, wouldn't it be better to put some pressure on the stock first? It would be easy enough in this illiquid canadian market. Xebec doesn't trade millions of shares a day.

It would make sense to lose a point on a 10 million share short position only to turn around and save a point on a bid for 154 million shares.