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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 > Share price pullback
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Post by bmbruce on Feb 12, 2021 5:25am

Share price pullback

Actually, the recent pullback in the share price to $10. is to be expected and to a degree welcomed...I say expected because if you look at XBC's chart from the beginning of November to January 19th, the move is somewhat parabolic .. the pullback will shake out the weak hands and speculative trades that purchased shares above $11. ..new investors can now enter around a $10. share price ..
Comment by tamaracktop on Feb 12, 2021 9:03am
   That's very true. And if the buyers of stock here around $10 do only half as well as the buyers of this stock 3 months ago, then in May they'll be selling it somewhere north of $15.    That would make sense. After all, the market will already have digested the 4th quarter and full-year results, slated to be released mid-April. As well, it would also be around the ...more  
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