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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

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

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Brokerage Jargon
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Post by tamaracktop on Nov 11, 2020 11:04am

Brokerage Jargon

We might as well settle in here for a bit.
   In the brokerage business, some of the jargon made me laugh. For example, the word "correction". It's a bit of a joke. " I know you're down 20% Mr Jones. It's a correction. Everything is correct now."
    Anyway , we might see a sideways trend with an upward bias for a bit, in my opinion. Barring unforseen news of course, such as an uplisting. I personally think we'll see an announcement within 2 or 3 weeks.
    In the meantime, the stock will  probably trade gradually higher, along "the line of least resistance".
    Until the next upleg, this is the "pause that refreshes". We'll likey do some "backing and filling".
Comment by tamaracktop on Nov 11, 2020 11:07am
Brokerage jargon is full of bull.
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