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 > Brightside to the Xebec mess

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Comment by tony08on Aug 11, 2022 4:08pm

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Post# 34889521

RE:RE:RE:RE:RE:RE:Brightside to the Xebec mess

davgro wrote: It can be worthwhile to take a tax loss now if you don't anticipate any significant upside share price movement with XBC in the next 30 days. You could then buy back into the stock having crystallized your capital loss and without triggering the superficial tax loss rule. I have done this with other stocks to offset my capital gains and repurchased the same equity after the mandatory 30 days has passed since I sold the stock.

tony08 wrote:

LongoGlueStick wrote:

Kipperly wrote: Are you an owner of this stock? Why would you make this post? It's obvious that tax loss selling is a bad time of year for under performing stocks.

I'm saying that we can take a tax loss on this dumpster fire of a stock. Jim better be telling the truth that the legacy issues are now officially over. If there is any mention of legacy on Q3, the company is setting itself up for massive lawsuits.

It's hard to understand your reasoning.

I prefer a hundred times to take a chance and maybe have gains at the end of the year rather than selling prematurely in augaust at a very big loss.

If ever in December, the sp has not improved and it would be good for you to declare tax losses then yes I could understand your reasoning.