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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,... see more

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GREY:XEBEQ - Post Discussion

FormerXBC Inc > Here we sit

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Post by tamaracktop on Oct 28, 2020 1:19pm

Here we sit

The market is at the day's low, 900 points lower, and Xebec is trading 21 cents higher than its low, and just 3 cents off its high. If anyone is complaining, they shouldn't be. I wonder what Raymond James' target will be a year or two from now.

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Comment by overnout on Oct 28, 2020 1:58pm

I like the new Raymond James target. I have been telling my friends at RBC DS about XBC since $1.30. When it was $1.65 and none of them had purchased any, I predicted that they will be buying some at $10.50. They asked why that price. I said, because you will get this report. 'Initiating Coverage - Speculative Buy - Price $10.50 - Taget $12.50'

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Comment by tamaracktop on Oct 28, 2020 2:10pm

Actually you raise a good point. RBC will initiate coverage long before that. I can assure you they are very likely working on initiating coverage as we speak. RBC doesn't Iike to be one-upped by TD, its closest competitor. It wouldn't surprise me at all if we see a report out of RBC within a few weeks. I'd be willing to bet on it. And when it comes, it will likely have a higher target ...more

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