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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 > Shorts be running for the exits..........!!!!!!!!!!!!!!!!!!!
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Post by Zebec2021 on Dec 07, 2021 10:44am

Shorts be running for the exits..........!!!!!!!!!!!!!!!!!!!

YOU GET A BREAKOUT and YOU GET A BREAKOUT - Oprah Winfrey "You Get a Car" | Make a Meme
Comment by ddogold on Dec 07, 2021 11:04am
If we can get some volume , then we would see a serious squeeze .
Comment by Smeeeee on Dec 07, 2021 1:07pm
Short trade value on Nov.15ish was $24MM, as of Nov.30th Short trade valie is just $7.8MM and I would guess they are all cleaning up their act right now as well. This could be wound like a spring right now just waiting for the right reason to POP... at least I hope it does.... $4.25 is not an unreasonable short term target
Comment by Ciao on Dec 07, 2021 1:36pm
One can speculative that the short positions increased in advance of Q2 and Q3 results.  As Q3 was far from a disaster and tax loss selling is abating, share price advancement could trigger short covering esp. given the limited downside at this share price level. Symbol Issue Name Shares Net Change Date $XBC.TO XEBEC ...more  
Comment by Smeeeee on Dec 07, 2021 2:38pm
Ciao, thanks for posting that... Why are my numbers so significantly different than yours... I borrowed mine from Shortdata.ca...  I certainly dont want to be misleading anyone although directionally we are indicating the same thing but your picture isn't as rosy and frankly feels a bit more realistic! I will check later as I may have misread...
Comment by Ciao on Dec 07, 2021 2:54pm
Main difference is the value of the shorted shares (number of shares x share price at time of short) vs. number of shares shorted. My numbers were from CEO.CA, even in comparison to short volume on Shortdata.ca there is a difference, I believe one is volume vs. other as being net short volume. Imagine if one shorts a stock twice and covers it twice within the same reporting period.  There ...more  
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