FormerXBC Inc XEBEQ

INCREASING SHORT POSITION TSX

[DueDiligence20]

XEBEC ADSORPTION INC. XBC TSX 6002541 420344 Just released. Still the short grows.

[Gann999]

Some must really believe the company will flop

[newcoin]

I think they need to do some DD. XBC greatly undervalued at $1.60.

[Ciao]

I don't know if it's strictly an algo that is programmed to short and as such doesn't look at valuations, could be on auto pilot. Could have AI, where it dumps shares at open to promote selling by retail investors. It's learning behavioural patterns based on what it does.

[filoux004]

Politely, if the Hedge funds are shorting at these levels they are seriously doing their due diligence...long XBC at 2.01 Peace

[Ciao]

Seeing that the short volume was 1.564 M shares and the short interest increased by only .420, it shows that the shorts covered 1,144,000 shares during that 2 week period. Shorting the stock and covering within the same 2 weeks for short term profits and increasing the net shorts by another 420K. This shorting acivitiy distorts the valuation of the company. On going concerns such as XBC

[ZouZS3]

Doesnt mean they won't cover more in march

[Ciao]

IMHO, the shorting and covering within the same reporting period appears to be manipulative in nature for short term profits. Fundamentals do not change in a 2 week period. This type of activity has been going on for months. It's not based on company fundamentals, technical trading at best and shorting at this degree becomes a self fulfiling prophecy in creating a price decline. If one looks

[newcoin]

Agreed, the shorting does seem unusual. It could be an algorithm or it could be AI. Or a combination. In any case, it certainly isn't taking into consideration any company valuations. The negative influences are simply taking advantage of a no tech market and not a lot of news. They will be punished for it as we all know the stock is worth considerably more than $1.60. This is why I'm

[tony08]

I expect good results on the 17th and I also hope that by then the war in Ukraine will be over…..It would surely be good for the stock market. Unfortunately, even if it saddens me a lot, it implies that the Ukrainians would have capitulated, because it seems almost impossible for me that they could either defeat the Russians or continue the resistance indefinitely against a stubborn Putin.