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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 > This drop is not sitting right with me
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Post by Newtrader1982 on Aug 04, 2021 10:41am

This drop is not sitting right with me

I don't get the selling taking place the last 2 days zero run up to earnings more like a run down to earnings.
Comment by ddogold on Aug 04, 2021 10:46am
Have no fear the cult leader will explain it all to you .
Comment by Newtrader1982 on Aug 04, 2021 10:49am
I am in for the long haul regardless but would much rather be going into earnings above 4 it's almost like the market is bracing itself for bad news.
Comment by newcoin on Aug 04, 2021 11:00am
That's exactly correct but they won't get any bad news. Good news on its way.
Comment by VicesVertus2222 on Aug 04, 2021 11:13am
I know the 2 are barely comparable, but Xbc seems to be experiencing a scenario similar to SNC. Even though the problems are now history in both cases, liftoff seems difficult. Both stocks have an increase of shorters that seem to be working hard to keep the price down. You'll think I am obsessed with shorts, but it appears to me to be a cause ofthe effect. Hang on to your shares and let ...more  
Comment by Newtrader1982 on Aug 04, 2021 11:16am
Why short though? What is the incentive to pay borrowing cost and potentially infinite losses just to pull a stock down 20 or 30 cents?
Comment by Newtrader1982 on Aug 04, 2021 11:31am
seems to me it's more likely just straight up selling pressure which I don't understand where all these people are coming from with shares for sale under 4.
Comment by filoux004 on Aug 04, 2021 11:34am
The market is always talking to you... Do you realize if they miss in any significant way on their numbers this will go into PermaFrost mode under 3$. Wait for the numbers!!! Go Canada Go and congrats Mr De Grasse!!!
Comment by VicesVertus2222 on Aug 04, 2021 11:40am
I wish I knew. But based on the report I red the other day, at fhe end of the first week of June, xbc reached a high in the $4.50, and volume picked up quite a bit vs daily average. I suspect that longs did not sell at the time, at leats not that much. This is maybe the period at which the large increase in shorting occured. 6-7-8 June, we had an unusually large volume vs average daily, which ...more  
Comment by filoux004 on Aug 04, 2021 11:46am
'IF' is the operative word and No shorts are no some sort of Dark Machivellic Force, they are investors just like the Longs. Where I have a serious problem are Naked Shorts which is illegal but the brokers and authorities show no desire in crackdown on that. Go Canada Go . Go CTS 2x sales 120M cash war chest.!!!
Comment by VicesVertus2222 on Aug 04, 2021 11:46am
Correction : I meant July, not June. TT : input about my thoughts?
Comment by Newtrader1982 on Aug 04, 2021 11:49am
well what I do know is that this in now trading at the same price as early june of last year trading not just temporarily dropping and being bought up it's actually just trading at this level all day long it's actually embarrassing at this point zero gain for someone who held for longer than a year.
Comment by ferret_ca on Aug 04, 2021 2:10pm
"I know the 2 are barely comparable, but Xbc seems to be experiencing a scenario similar to SNC. Even though the problems are now history in both cases, liftoff seems difficult." now this right here is one of the problems with this bb, most on here think xbc's problems are now history, rose colored glasses and severe brainwashing by your pathetic leader. xbc has proven SFA as far ...more  
Comment by SORNG1 on Aug 04, 2021 11:07am
People must be heading to the exit in droves with the recent drop of the stock price.   Wait.   232,000 shares of XBC traded accounting for $876,960.     2,000 shares of XEBEF traded accounting for $6,040.  Under a million dollars traded today.    Rather than a mass exit it looks like buys and sells between a small number of traders to drive down ...more  
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