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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 > 20 million shares at $5.60
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Post by tamaracktop on Nov 24, 2020 4:02pm

20 million shares at $5.60

Pure speculation but it makes sense from a number of angles. Maybe announced after the close? Maybe.
Comment by SORNG1 on Nov 24, 2020 5:30pm
A 14 cents drop on less than 400,000 shares?   It doesn't make any sense. Most of the trades were 100 shares or less.   Sounds like manipulation to me with trading shares back and forth to drive down the price to then pick it up at a lower price.    We'll see what happens the rest of the week but don't see any headwinds s far as future potential with RNG ...more  
Comment by Zipolitemexico on Nov 24, 2020 6:02pm
It would make sense when we think about a couple of pieces of unfinished  business; that being a hydrogen acquisition (producer) and hydrogen strategy. Delivering the latter would only sense if the acquisition is in place. A producer won't come cheap.  
Comment by Mick67 on Nov 24, 2020 8:00pm
would have to have a purpose for sure as service acquisitions can be funded by cash on hand. that would mean funding for a multitude of boo contracts forthcoming or a hydrogen acquisition. what doesnt make sense to me though is that if an issue is on the horizon why not complete the uplisting first so that more institutions qualify to participate.  Also usually good news/contracts before an ...more  
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