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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 > Recap
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Post by Newtrader1982 on Feb 17, 2021 6:02pm

Recap

Today wasn't terrible the last 2 days we have narrowed the gap between ballard, plug and fcel even though on a downtrend is probably not the greatest way to do it. Ballard closed down another 5% plug 4.6% and fcel 7% while we are only down 1.7% while shaking out a lot of weak hands at even lower levels. I think we are nearing the bottom personally and look forward to announcement of new coo. A lot of gains have been wiped out that's a shame but we will recover. Hopefully the worst is over.
Comment by LongoGlueStick on Feb 17, 2021 6:08pm
I sold 0 shares and I am not going to be shaken out of my position. I'll sell when Xebec has a 50 billion dollar market cap.
Comment by Trayderr on Feb 17, 2021 6:33pm
"Holding" may be fine for someone who's had this stock for years, but unfortunately I bought in December and January for the average price of $10.25, so I'm glad I got out yesterday...for me it makes sense to prevent further loss and get back in the game once a support level feels sturdier and XBC changes course. I'm all up for being patient, but it looks like this stock was ...more  
Comment by Newtrader1982 on Feb 17, 2021 6:39pm
no offense I get your perspective but holding a stock for 1 month then selling is hardly being patient a better option would have been to just hold and or use the dip to average down I get it though nothing wrong with protecting your money but I think the downside at this point is quite minimal.
Comment by Trayderr on Feb 17, 2021 11:04pm
No offense taken...don't get me wrong, I bought lots of XBC dips...problem is every week they'd dip lower. It's still a good stock, I'm not turning my back on it, but it's price went up too much, too fast in Dec/Jan, and I wanna get back in when it's done its downtrend.
Comment by Newtrader1982 on Feb 17, 2021 11:33pm
gotcha so your strategy is to buy high sell at a loss when you should be buying and wait for sp to climb again so you can buy high interesting approach. Even at a target of say 10 which is low that represents a 9% upside from today's closing price 9% return is quite good or if you go with the high target of 17 that would be 85% return even a more conservative target of 11.50 represents 25 ...more  
Comment by whognu1 on Feb 18, 2021 10:18am
your morning smile......remember this one? "after a huge run, this stock has made a month of lower highs and lower lows historically this will continue until it stops" follow-up note: this hasn't stopped going down it will and once it does, and starts going sideways or demonstrably (sp) up, with volume, then you are safe to buy back because again, if we're going to $17 ...more  
Comment by Newtrader1982 on Feb 18, 2021 10:32am
lol I hope this downtrend doesn't historically continue much longer but at least when it stops we will historically know it is over lol
Comment by savyinvestor333 on Feb 18, 2021 10:41am
Being able to see the future is more profitable than looking at the past.
Comment by Newtrader1982 on Feb 18, 2021 11:19am
Very true 00:17:06 Okay, 19 each. Anybody got that? 00:17:12 What, you think the stock market's some great mystery... 00:17:15 ...beyond the realm of human understanding? Didn't you see the signs? 00:17:21 I saw the signs.
Comment by tamaracktop on Feb 18, 2021 12:23am
Every week it dips lower? You're looking at the wrong weeks. Look at a weekly chart. It's closed lower on the week 4 times in the last 3 months.
Comment by Telmelcel on Feb 17, 2021 8:38pm
Wrong hihihi.
Comment by Telmelcel on Feb 17, 2021 8:41pm
Change of management??you very funny
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