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Bullboard - Stock Discussion Forum
FormerXBC Inc
XEBEQ
Industrials
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,...
associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.
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GREY:XEBEQ - Post Discussion
FormerXBC Inc
> RE SHORT POSITION
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•••
DueDiligence20
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Post by
DueDiligence20
on Mar 17, 2022 12:53pm
RE SHORT POSITION
https://fintel.io/ss/ca
Xebec is the 11th most shorted stock in Canada.
(2000)
•••
Ciao
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Comment by
Ciao
on Mar 17, 2022 1:54pm
This valuation short made no sense as it continued to add another 1.5M shares (from mid Jan to end of Feb) on the TSX side when the share price was below book value of $2. The business has improved significantly over the past 2Qs, what's the game plan to cover? Were they betting on a financing below $2? Collectively on both XBC/XEBEF, with a short position of 10M shares now, what are
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•••
overnout
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Comment by
overnout
on Mar 17, 2022 2:15pm
Oh, SH&5#@$$T
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