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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 > Sad day
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Post by sumpineh on Aug 17, 2021 12:04pm

Sad day

Truly sad.SP just dropped below my average.I had first bought in quite a bit lower yet but had averaged up a few times.I have just broke one of my investing rules which was to never let a profit turn into a loss.I guess this is what you call falling in love with a stock.Really never thought it could fall this far given the bright future of RNG and the rest of the pies our fingers are in.I could do everyone a favour and sell because I know the moment I do,we would have found the bottom.Sorry but I am going to holdout and wait for the turn around. Very glad that the rest of the market has done so well.(for now).GLTA
Comment by Gasmonkey on Aug 17, 2021 12:12pm
Sad is an understatement, Welcome to the below average club
Comment by Newtrader1982 on Aug 17, 2021 12:15pm
sad day indeed the tsx listing was the worst thing to ever happen to this company we should have stayed otc
Comment by catchascatchcan on Aug 17, 2021 12:19pm
I am in the same boat sumpineh.  This postition went from one of my largest, to a backburner.  I too broke a few rules, but none that I haven't broken before and won't again ;)  Such is investing, whether one day 1 of year 10.  These levels are painful, but for those that haven't learned diversification, they are lessons here.  Watching this stock daily for the ...more  
Comment by ZouZS3 on Aug 17, 2021 12:34pm
Same here! At this point nothing will break me.
Comment by AlwaysLong683 on Aug 17, 2021 3:36pm
Sum, a possible strategy you may wish to consider employing in the future: If you "get in early" and buy a bunch of shares at a certain (very low) price and the share price doubles, sell half your position so you get all of your original investment back. If you do so, whatever market value your remaining shares generate going forward is pure profit (not a penny of your own money is ...more  
Comment by sumpineh on Aug 17, 2021 4:10pm
Thank you AlwaysLong683.What you say is all true and that is exactly what I did with GRN shares and warrants so that all my GRN holdings are profit as well as some profit on the warrant sale.It has been much easier watching it tumble knowing that I was playing with house money. I think that I was much more confident that XBC was going to be great. I still think so. That is why I am only sad and ...more  
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