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FormerXBC Inc XEBEQ

Industrials
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

FormerXBC Inc > Case in Point
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(2019)
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Comment by Ciaoon Mar 20, 2022 10:58am
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Post# 34529420

RE:RE:Case in Point

RE:RE:Case in PointMaybe if it could be shown that the shorts covered in the 3 day gap up before the announcement, the case would be made quite simply. No doubt infor was leaked on the takeover to account for the gap up.

Ciao wrote: There was a gap up in the share price before takeover was announced. I would think the SEC would investigate a leak of insider info.  Since the firm is know to protect shareholder's rights and they are doing an investigation, IMHO, they could be investigating stock price manipulation. Perhaps shorting activity to depress the share price. 

Short volume is very high relative to total volume (last graph in link);

https://docoh.com/company/1463258/REGI/short-interest




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