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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 > Did I sleep through Armageddon?
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Post by tamaracktop on May 24, 2021 4:38pm

Did I sleep through Armageddon?

This board is dead.
   The closing spread in the US was $4.87 Cdn bid, $5.25 offered.
   Nice spread. No volume.
   Depthwise, at the close there were 3,800 bid from $3.90 US to $3.99, while there were 1,100 offered from $4.30 up to and including $4.83.
   What does that tell us? Absolutely nothing. The square root of zero.
   I was wrong about today maybe providing some insight.
   For those with whom I've been corresponding on an unrelated matter, check your messages, I'm in the process of replying to everyone.
Comment by robert41 on May 24, 2021 6:11pm
Nope everyone still alive... except for a US market for xbc.. very odd that the US doesn't seem to know xbc exists. Ballard trades 3.6 million shares today xbc trades 6000. Maybe one day things change.
Comment by Newtrader1982 on May 24, 2021 6:19pm
I think we need to be on the nasdaq to get any recognition from the US. I don't think 7000 shares tells us much compared to the almost 2 million traded on Friday.
Comment by catchascatchcan on May 24, 2021 9:09pm
Agreed.  Red herring.  Without any volume to speak of the trading is meaningless.  Should we ever make the Nasdaq though, it would give credibility to the relative strength argument re PLUG FCEL et al
Comment by robert41 on May 24, 2021 10:32pm
Well said "catch" I don't post much but have brought this up in the past with not much of a response. A real discussion on why there's no volume in the US is a worthy one. If there is a way to get attention in the US markets xbc clearly has no idea what to do or doesn't care. Perhaps they hope that eventually their success will eventually get noticed. I'm no expert it ...more  
Comment by tamaracktop on May 24, 2021 10:59pm
I'm sorry Robert, and with all due respect, but my answering your guestion would be tantamount to admitting some acknowledgment that there might be a degree of veracity in your closing assumption. Frankly, I don't have a clue.
Comment by robert41 on May 24, 2021 11:57pm
Haha! Great answer. Thx