FormerXBC Inc XEBEQ

Interesting Article About Manipulation

[newcoin]

https://www.griproom.com/fun/why-your-stock-is-always-red

[HonestAl]

I sincerely doubt it's manipulation keeping XBC down.    The 2nd paragraph talks about, among other needed qualities, Stellar management. XBC has not yet displayed that.  But reading further, there is hope as "Eventually, good companies go up. You just have to wait it out." Happy 2022 ------------------------------------------------------------- newcoin -&

[Ciao]

When you see 40% of the shares on OTCQX shorted, that is hightly unsual given the improving fundamentals for the company and the industry. It's a target for the shorts until they cover and they can wait it out until the share price starts to move up.

[Ciao]

The short position in the OTCQX market can be covered by buying shares in the TSX. The shares are in DTC "street name" and could be electronically transferred. Nonetheless 40% of the shares on the OTCQX are shorted. Overall about 8M shares shorted collectively on both exchanges and would not be considered large as it would be only about 8 or less days of average daily volume.

[newcoin]

Thanks to you and to robert41. I think the shorter  has really gotten carried away on this one. They have found themselves in a trap at this point. Interesting to see that 500,000 shares were dumped today by one seller. But the shorters are going to pay for this fiasco. As early as tomorrow the share price will go up because there is a major discrepancy and we all realize it. I guess perfect

[newcoin]

Also, the head troll has said if XBC makes its numbers that there will be a rapid increase to $4.00. That's what I'm banking on. A very, very good return in just a couple of months.

[whognu1]

hey NC: gee, if you have made me head troll, then wow quite an honour and all i did was warn people from $8 - $10, all the way to $4 bucks that the chart was signalling trouble ahead you remember, something about................. LOWER LOWS........... a point of clarification to your email annoiting me the grand troll i beleive i said (repeatedly)IF they come out with important news and/or

[Ciao]

We don't know if the 500K sold by Goldman was a short sale or not: it's a possibility.

[Hesiod07]

I originally thought that too, but I now think they were working a block for a client who wanted out.

[robert41]

Whatever Goldman is doing they are doing it again today. Over a 100k so far. The bigger concern for me is there something we are missing as xbc seems to be a total train wreck yet we think they are going to turn it around

[marketwatch9]

I think tou are 100% correct. Looks like someone in the know is aware that Xebec is facing some problems.

[Ciao]

Hard to say, they are very tight lipped: they wouldn't even give a hint for 2022 revenues when asked in the Q3 call. Any selective disclosure on bad news is unlikely and illegal.

[robert41]

Maybe the seller at Goldman is just being smart and moving money to oil and gas... I hope they are buying the names I own :). I feel like I got caught up in the concept of what xbc is trying to do it worked great on the first run now I sit here at $3.22 scratching my head wondering if I should just bail. If I bail you'll see xbc turn around rather quickly  :) hard to have a loser when

[WildlyBullish]

Thanks for posting this link. This article is right on the money!