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FormerXBC Inc XEBEQ

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

Comment by Kronyboyon Nov 25, 2021 10:15am
105 Views
Post# 34164950

RE:RE:I'm not sure I've seen such anemic volume

RE:RE:I'm not sure I've seen such anemic volume

Some observations:

1. I saw two instances around 9:45ish where 100 shares were purchased and 200 shares were purchased, driving the price up by 1 cent respectively. We've seen illiquidity before, but this is rare; I've never seen the stock behave the way it has today.

2. I completely concur with you and catchas that american investors manipulate this stock beyond recognition - it is no surprise that on a day off, we see 26,267 shares at 10:11am - the lowest Volume I've ever seen since observing the stock (now it's 27,267 at $2.90). 

3. Mostly everything on my list is Green. Canadian Blue Chips seem to love the lack of American involvement, for instance TD is hitting another ATH today. As much as we can mostly agree money is flowing into Blue Chips, the fact that almost the entire index is ubiquitously green suggests to me that American investors control our markets more than we do. Perhaps this is obvious to most, but this is new information for me and I need to digest this accordingly. 

4. I hope everyone has a great day, good luck. 

savyinvestor333 wrote: Just goes to show who is actually playing with this. Just because the U.S volumes are always low U.S based funds are the big player here on the Canadian side

 

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