FormerXBC Inc XEBEQ

Utilities Utilities - Regulated Electric

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 > Gents and.ladies

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Comment by Ciaoon Dec 03, 2021 10:55am

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Post# 34194751

RE:RE:Gents and.ladies

Gann999 wrote:
it's shorts bringing it down mainly maybe a little bit of tax selling mixed in but that's not why it's dropping so hard.

The markets can be irrational and technical or tax loss selling has no regard for stock valuations. How else would you get underalued stocks?

As an exaggerated example: there were times when day traders would trade stocks based on charts where the company was just a ticker for them, they had no idea what the company's business was.

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