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Doesn't it seem that when good news has come out in pennyland the stocks have dropped during the past month? This isn't the only time that it has happened. Totally frustrating!
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Someone please explain this TO ME. Cause I am very upset. really. we have the PR, approval from Nigeria to sell, launch is officially announced.
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the only thing I see it's this that probably soem people are reading wrong
The approval is for an initial term of two years, which will allow Xechem to complete confirmatory Phase III clinical trials in Nigeria. The company faces no restrictions on its ability to market and sell the drug in Nigeria.
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M.M are "Checkin stops". Some many people are going to come home from work see they have been "STOPED OUT" and the news is out and have to buy back in at the "gapped" morning price.
I think the M.Ms where trying to get below .09 to trigger all the stops they can see.
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The news is for sales which will actually be the phase three trials of the drug. Most people expected a grand opening and sales to progress without restriction. One of the risks of running off anyone who might have a negative thought on your favorite stock is that you lose important points that allow you to make more informed decisions. It was obvious this morning that this stock was not acting like it should if the BSE was any indicator. The MM's were justs having some fun and now we will have to wait to see what shakes out here. I still have faith in this stock but sold my position earlier today. GL
-------------------- If you don't have instincts, get out. If you do; go with them.
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quote:Originally posted by Purl Gurl: Today's company news reads like a typical Nigerian scam email.
Purl Gurl
Hey Purl...how are you sweetheart? I am going to assume that you don't like this one, huh? Today was a little "repeat" of news...not so sure I would say it reads like a scam...but a repeat...the supposed "launch" isn't until tomorrow...and I think most are very leary of it being a scam...but so far a I think most on the board have made some good $...and hopefully taken their Capital back...
Still hopin' that it's not a scam...but yes my "guard is up"...
Take care....
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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quote:Originally posted by Purl Gurl: Today's company news reads like a typical Nigerian scam email.
Purl Gurl
Hey Purl...how are you sweetheart? I am going to assume that you don't like this one, huh? Today was a little "repeat" of news...not so sure I would say it reads like a scam...but a repeat...the supposed "launch" isn't until tomorrow...and I think most are very leary of it being a scam...but so far a I think most on the board have made some good $...and hopefully taken their Capital back...
Still hopin' that it's not a scam...but yes my "guard is up"...
Take care....
So classy, 10!
-------------------- Study before you buy, Sell before you think about it....
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Should we all have known better with something associating itself with Nigeria as too good to be true? Just kidding, but I would like to see this close well over .10 today. What other news are we waiting for?
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quote:Originally posted by Egg Inspector: Someone please explain this TO ME. Cause I am very upset. really. we have the PR, approval from Nigeria to sell, launch is officially announced.
WHY ARE WE DROPPING?
Becuae XKEM has jumped 1500% from the bottom of 0.006 a few months ago. Many invetstors, traders, insiders, and MMs have decided to take profit. Don't blame them, they just follow Warren Buffet golden rule: when a stock jump too much too soon -- take profit and run. Do your DD -- It's a gamble
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