quote:Originally posted by Tmoney: hey guys ever since we moved to the hot stocks free for all forum this sucker has been going down, i think we jinxed ourselves, imo i think its time to go back to the micro board
Tmoney, you may still be harboring some bad karma from Katrina... ;-) (I'm just kidding...)
-------------------- Study before you buy, Sell before you think about it....
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quote:Originally posted by amswap: I don't get this logic of buy the rumor and sell the news. That's a good practice but the news meant 30% drop, not the increase that usually comes when news is announced.
Listen... the PPS went up because everyone wanted in before the PR came out stating approval. Nobody cares about how much in revenue xkem is going to make a year or two from now... as anything can happen from there and now...
They wanted in before the PR dropped which caused the high pps we had... now that the PR is out... they take they money.
Buy on rumor= rumor that approval will be coming Selling on news= PR is offically release
which gives us the sell off and jeeze the MACD is crashing!
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quote:Originally posted by amswap: Peaser, what's your take on the reasoning behind this pitiful pps after the news we've been waiting for all this time?
Buying the rumor, selling the news IMO.
I know I'm not being asked directly, but I want to offer my opinion, probably to sooth my own nerves.
I think that this news signifies the 'real thing'. it's no longer rumor, or an 'idea', this PR makes it a business, a real venture.
so with this PR the Shorts are out, and the longs are left.
most here have always been longs, at least the core group contributing to this thread.
So, solong to the shorts.....we will stay to make the big $ bucks $.
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anyone else think it is possible that the launch event with the Nigerian President could get some media attention? that would surely get some action tomorrow...and guys like me who bought back in at .09 monday, and did not flip today (so angry) certainly hope that this event gets major attention...
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hey i got hit by rita not katrina, and no i am tired of sitting on a good profit waiting on this magical pr and when it comes out bye bye profit, it happend on ipre, even fhal was suppost to go up today after the conference call it closed down to, so i dont know what is up, today was just wacked out
-------------------- a little at a time turns a penny to a dime!
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One thing here is, there was some kind of a dump, but there were an equally number of people who bought, figuring that they were getting a good deal.
quote:Originally posted by Tmoney: hey i got hit by rita not katrina, and no i am tired of sitting on a good profit waiting on this magical pr and when it comes out bye bye profit, it happend on ipre, even fhal was suppost to go up today after the conference call it closed down to, so i dont know what is up, today was just wacked out
Man, even my geography is crap today! For whatever reason, I was thinking you were closer to N.O. Maybe it is MY bad karma then - I had Ivan in '04, and Dennis and Katrina last year :-(
Oh well, hopefully tomorrow will be a better day...
-------------------- Study before you buy, Sell before you think about it....
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quote:Originally posted by my_2_cents: Egg I don't know how you do it... THE WINNER AND STILL CHAMP...(PPS)
And topsail made a valiant effort to get the exact number... and WINS VOL
He called for .175 with news. Was he really the closest?
I agree Ams..
.075 w/o PR .175 w/PR
those were my picks
it's just that .075 was by far the lowest. and all day it didn't look like it would get near there, PR or not. and at the end it just gravitated right to it. that's why they are saying it Ams
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quote:Originally posted by BooDog: i had .074 but only 100M vol lol
Boo, I didn't see that. good job dude. what was your thoughts.
mine was it couldn't hold this level +.09 without a PR
quote:Originally posted by BooDog: I hear you phat, no news by friday is what I expect, and yes I think because of that there will be a sell off. And because of that I expect to get in pretty cheap friday late. As much as I would like to see results and a PR before then...that would mean VERY big steps in the right direction. Also this went up to .09 with support at .07 so today may be all over the place but my guess for today is .074 with 106.3M vol.
My thoughts were it went to .09 with no support ....day traders fkn with it, today same thing only this time the late pr sparked a sell probably because most didn't think to DD the pr and jumped out. If they dd and see this is good then they'll be back. Nigeria scares most away and for good reason. "Reproduced generics" are 2 words known all too well there. Also, validating xchemnigeria's web site is another task. look at who made the web site and from what resource. I just started on that homework. All in all though, daytraders will be all over this tomorrow. Hope for a better finish!
oh...And glad to see we have The Purl attention now
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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Your chart analysis is useless... this is not the big boards... this is penny stocks... buy on rumor sell on news... to the bagholder suckas that stare at charts all day. you got played... don't hate the game.
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raid0, I'll repeat myself. That makes no sense here. Rumor had it at .115 earlier today and news had it at below .08. That is the same as saying buy high and sell low. I agree that is normally the case, but why buy at .09, .10 and .11 only to turn right around and give it away for .075 when the real news should come out tomorrow.
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quote:Egg, we are giving you lots of *#$%, but you bring so much to the board...hopefully your gut will be a bit more favorable tomorrow....
thanks Sherii, I hope it's more favorable too. ---------------------------------------------------------
quote:hey guys ever since we moved to the hot stocks free for all forum this sucker has been going down, i think we jinxed ourselves, imo i think its time to go back to the micro board
I'm all about not jinxing anything. Back to the Micro-thread!
Your chart analysis is useless... this is not the big boards... this is penny stocks... buy on rumor sell on news... to the bagholder suckas that stare at charts all day. you got played... don't hate the game.
That is so amusing radio, enough so that I'll have a drink. obviously this stock can show excellent chart mastering learning opportunity. The way this went up so high without support only to crash right back down. I suggest you review some charts and demonstrate why you think charting has no value here. It has supported my thoughts plenty. But yet this is a penny stock and fear levels are heightened, but ppl know that goin in. GL
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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quote:Originally posted by amswap: raid0, I'll repeat myself. That makes no sense here. Rumor had it at .115 earlier today and news had it at below .08. That is the same as saying buy high and sell low. I agree that is normally the case, but why buy at .09, .10 and .11 only to turn right around and give it away for .075 when the real news should come out tomorrow.
No... you have to remember this stock was at .03... thats when the buying on rumor began. A few buy came in and a lucky few bought up at .09 but guess what... all those that bought between .03 and .09 and above SOLD.. for a profit... they held a few for free riding shares but for the most part they pulled out like shakerzzz crew... which is why the price fell flat on news... they didn't care about revenue of the company... they just pumped (correctly) that a PR stating approval will be coming... which is what we got today and now they sold and moved on to the next pump... bagholders will be left behind trying to justify holding on but for the most part this is done till xkem shows a profit from selling the drug ... which is a loooong way off
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quote:Originally posted by amswap: raid0, I'll repeat myself. That makes no sense here. Rumor had it at .115 earlier today and news had it at below .08. That is the same as saying buy high and sell low. I agree that is normally the case, but why buy at .09, .10 and .11 only to turn right around and give it away for .075 when the real news should come out tomorrow.
No... you have to remember this stock was at .03... thats when the buying on rumor began. A few buy came in and a lucky few bought up at .09 but guess what... all those that bought between .03 and .09 and above SOLD.. for a profit... they held a few for free riding shares but for the most part they pulled out like shakerzzz crew... which is why the price fell flat on news... they didn't care about revenue of the company... they just pumped (correctly) that a PR stating approval will be coming... which is what we got today and now they sold and moved on to the next pump... bagholders will be left behind trying to justify holding on but for the most part this is done till xkem shows a profit from selling the drug ... which is a loooong way off
I know you're a basher as you have proven many times in the past, but the real news hasn't come out yet. The formal announcement and launch will be tomorrow and this will go up again. Not sure about the dilution rumor and don't know where to find that out this soon. This will go back up and I will take my money and run as well, but we haven't seen the high yet.
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quote:Originally posted by amswap: raid0, I'll repeat myself. That makes no sense here. Rumor had it at .115 earlier today and news had it at below .08. That is the same as saying buy high and sell low. I agree that is normally the case, but why buy at .09, .10 and .11 only to turn right around and give it away for .075 when the real news should come out tomorrow.
No... you have to remember this stock was at .03... thats when the buying on rumor began. A few buy came in and a lucky few bought up at .09 but guess what... all those that bought between .03 and .09 and above SOLD.. for a profit... they held a few for free riding shares but for the most part they pulled out like shakerzzz crew... which is why the price fell flat on news... they didn't care about revenue of the company... they just pumped (correctly) that a PR stating approval will be coming... which is what we got today and now they sold and moved on to the next pump... bagholders will be left behind trying to justify holding on but for the most part this is done till xkem shows a profit from selling the drug ... which is a loooong way off
I know you're a basher as you have proven many times in the past, but the real news hasn't come out yet. The formal announcement and launch will be tomorrow and this will go up again. Not sure about the dilution rumor and don't know where to find that out this soon. This will go back up and I will take my money and run as well, but we haven't seen the high yet.
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On my chart, between one (1) and two (2) is your very strong signal to dump. Does not matter if a stock will continue up or will continue down. For these overall circumstances that is your signal to instantly dump to protect your capital and protect any profits had.
On mule manure plays like this, you must keep track of the action on a minute-by-minute basis.
You do not need a chart to see these events. All you need to do is pay close attention to changes in volume and changes in prices, then develop a "mental chart" in your mind.
This is all a game and you will only win when you teach yourself well how to play the game.
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IMO there will be plenty of runs left in this the bearish end shown above dose not show the bands of support. I don't do the cut and paste and picture stuff but there is support. |I see more of the same tomorrow with a better finish. The fight isn't over yet.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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quote:Originally posted by amswap: Peaser, what's your take on the reasoning behind this pitiful pps after the news we've been waiting for all this time?
Buying the rumor, selling the news IMO.
I know I'm not being asked directly, but I want to offer my opinion, probably to sooth my own nerves.
I think that this news signifies the 'real thing'. it's no longer rumor, or an 'idea', this PR makes it a business, a real venture.
so with this PR the Shorts are out, and the longs are left.
most here have always been longs, at least the core group contributing to this thread.
So, solong to the shorts.....we will stay to make the big $ bucks $.
remember, this company is more than NICOSAN.
1. there is another 'orphan drug' approved for SCD.
2.lot's of people got in this back in Feb-Mar based on Pr from their AIDS medicines.
3. this company is more than Nigeria also 10...
can we please focus on the big picture. short money will always come fast and furious,(the Hare) up and down, comes and goes, it's the slow and steady tortoise (investor) that wins the race.