quote:Originally posted by Danny12345: hey peaser you still holding all your shares or riding free? Damn I sold mine a little too early. Oh well green is green.
I'm holding a core position from .0069.
Bought more yesterday and today.
-------------------- Buy Low. Sell High. Posts: 10750 | From: The Land Of The Giants | Registered: Feb 2005
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I'm tellin you guys, watch out for this one, jump into VSUS tomorrow first thing, and get out before $0.60 unless your feelin' lucky, also watch RHWC tomorrow
Posts: 679 | From: New York | Registered: Jan 2006
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Consolidating with over 530 million shares traded inlast 4 day... still great volume today and an eager buying surge pushed it to .015 later in the day, so there is still interest.
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That Fat Finger trade today messed up all the charts. We are looking Very Bullish. Has to be news or something big coming with this huge volume the last week and 530 million the last 4 days. JMHO
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That could be a possibility. But now since the bristol-Myers thing is over, can XKEM now produce their generic version of BMS's cancer drug? That in itself would be worth the measly market cap we have now.
quote:Originally posted by Peaser01: The rumour is that XKEM is cleaning up the balance sheet and getting ready to be bought out. At least that's what's being discussed on rb.
VPossible TAKEOVER BY ALEMBIC coming. Some 20 year veteran posted over at ragingbull.com.
I smell NEWS very soon 20 years in the market ! Of course, this is just rumors right now But let me state this. Just Monday, XKEM had EXTREME record breaking volume, and over the past month, even during the sell off period, volume was just insane, and then this radical volume on monday.... Chart closed a triple hammer at the 3rd day today. I must say, things are getting exciting right now for XKEM Shareholders. It would be in your best interest NOT to sell this stock right now. Something is going on and it could be very benificial to all of you holders of this stock. __________________
This goes along with what I have been thinking. WUND has been buying up all the shares he can get his greedy little hands on for a while now.
-------------------- Buy Low. Sell High. Posts: 10750 | From: The Land Of The Giants | Registered: Feb 2005
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ubank, i'm holding XKEM until the run is over and IMO it is not. We closed with a bullish white hammer over the 200DMA today, right at the top of the 20 day Boll. Band. Wedged between the two. Todays low was a lot higher than yesterdays and we are pressing into major support. The Accumulation/Distribution is going crazy and all other indicators are supporting this.
Step away from the intraday charts and study the daily and week charts for a minute, you might see what i mean. How many days with this volume can the stock take at these levels? Not much more, its going to run and the momo will be huge. Even without news IMO! Add news and you better strap yourself to your seat.
This of course is influenced by bullish market conditions. This time a year ago, we would have sold off already and needed to go through a major consolidation phase to absorb the profit takes, dilution, etc before we could even hold levels this high from the lows.
Maybe you weren't around in the 90's to March 2000. I WAS! And i'm telling you! Don't be so near sighted. I've see stocks run like you would not believe when this much money is coming into the market. Pennies to dollars! We're getting fueled by Chinese investors as well. Along with the new OTC short disclosure rules being initiated, the shorts are covering like crazy!
THIS OTCBB MARKET COULD POSSIBLY BE A ONCE IN A LIFETIME OPPORTUNITY. All this cash influx is happening at one time.
A great example is USXP. Take a look at that massive runner. 10's of millions of DOLLARS are trading hands each DAY. Its a complete pig stock too. Every bull market Altomare has a nice story for the masses and he gets rich off of it.
I'm sure XKEM will not let this amazing market pass them by. They are going to hit us with a blockbuster Page Ranking and we are going to make a lotta mulla from these levels.
Everything is my opinion supported by facts and market sentiment. __________________
Vipyr
-------------------- Buy Low. Sell High. Posts: 10750 | From: The Land Of The Giants | Registered: Feb 2005
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"We know of no existing non-toxic medicines available anywhere in the world for the effective treatment of Sickle Cell Disease,” said Dr. Ramesh C. Pandey, Xechem's Chairman and CEO. “Between our existing product, NICOSAN™/HEMOXIN™, a non-toxic product that has shown excellent results in Phase IIA and Phase IIB clinical trials in Nigeria, and this promising new heterocyclic pharmaceutical agent being developed in collaboration with VCU, Xechem will be in a truly unique position to offer viable and efficacious treatments to patients suffering with this painful and debilitating condition.”
Along with the acquisition of the VCU licensing agreement, last week Xechem announced it had settled its anti-trust lawsuit against Bristol-Myers Squibb Company for $4.2 million. The lawsuit, filed two years ago, stemmed from Xechem’s allegations that Bristol Myers “had engaged in anti-competitive practices relating to Xechem’s efforts to manufacture and bring to market the drug paclitaxel, a generic equivalent to Bristol’s cancer drug, TAXOL ®.”
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