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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 > An Excerpt from CNBC this morning
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Post by tamaracktop on May 08, 2021 1:44pm

An Excerpt from CNBC this morning

   This is an excerpt from an article discussing dogecoin. It is one of four points raised in a cautionary tale about investing in cryptocurrencies.

   "Investors often fall prey to the social bias of “herding,” Baker said. In other words: They do what the crowd does, believing that everyone else must know more than they do. And that there’s safety in numbers.
    Generally, such investors are wrong on both counts.
    In reality, the other people in “in the crowd,” are believing the same things, with just as little to back them up."

   This argument is equally applicable to either extreme in the market.
   It goes a long way towards explaining why Xebec is trading at these levels.

Comment by Newtrader1982 on May 08, 2021 2:47pm
A lot of people are gonna get burned playing with crypto all the charts are straight up great for those that got in early and are smart enough to cash out but people jumping on the bandwagon at current prices look out below when the good times reverse course kinda like what happened to xbc investors lol
Comment by newcoin on May 08, 2021 3:16pm
It seems like you're probably right. Crypto will crash, it's in evitable. When crypto crashes everyone will run back to Gold. Gold has suffered recently as a result of crypto. Everybody looking for that store of wealth is going to crypto and left gold behind. I bet gold makes an amazing resurgence in the second half of 2021.
Comment by Newtrader1982 on May 08, 2021 3:37pm
personally I feel like silver will outperform gold but both will do well I think.
Comment by SORNG1 on May 09, 2021 12:03pm
The unbelievable fortunes that have been made so quickly with Dogecoin and other cryptocurrencies is amazing.   Congratulations to those who have won--condolences to the many more that will get hurtr with the crash.  It seems that TESLA particularly with Elon Musk has jumped in both feet with Dogecoin.  If only there was ANYTHING backing up the mystical value of Dogecoin.  ...more  
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