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 > The market speaks volumes, but few people listen

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Comment by ZouZS3on Sep 03, 2022 5:40pm

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Post# 34940348

RE:RE:RE:The market speaks volumes, but few people listen

That a good point T. Yes xebec was hammered in the past but now it makes more sense to analyze what's happening in the current economic context driven by macros. The 1 month chart should do it. If you compare stock prices after Q2 results xebec has been holding up relatively quite well. If you look at what happened to pyro after q2 earnings on aug 15 comapred to xebec you'll understand. Pyro results were on aug 15. It went from 2.38 to 1.83 today down 23% since. Greenlane reported pretty good results on aug 9 but it went from 93 cents to 76 cents today. Down 18% since they announced their results. Xebec went from 68 cents on aug 10 to 79 cents today up 17%.

tamaracktop wrote:
babedinkleman wrote:

Not owning XBC going into the earnings announcement has been THE RIGHT MOVE BAR NONE for what....about 6 quarters in a row now?

Excuse me?

What planet are you from?

In the month prior to the earnings release Xebec closed higher than it did yesterday only 4 times,
and Friday's close was the lowest in almost 2 weeks.

It was absolutely the right move to sell prior to earnings?

That's certainly news to me and the rest of the market.

Nice attempt to spin though, to use your phraseology.