quote:Originally posted by worthashot: Predictions for tomorrow anyone? Will a good pr be able to save this stock from going down?
Waiting for a pr is pointless.. If you do find yourself waiting for a pr it is clear evidence that you should have been out of that stock a week ago.
Not necessarily true. They could put a pr out tomorrow that would cause this thing to explode and the pps to gain a 10 - 50% increase if only for a few minutes. Not saying it will happen but it could. So those still in this hoping for any upward momentum based on whatever it might be are wrong for being in this? I don't think so.
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posted
It is true.. I've been in this game a while.. and the one constant is that after a stock runs and is begining it's drawn out demise, the first thing shareholders start to say is... "we need a pr"... "Wow.. just imagine what a pr could do" Bla bla bla. That kind of talk is almost always the death signal...
-------------------- Spend word for word with me and I shall make your wit bankrupt
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posted
Then you haven't been around very long. I've seen many times when a stock seemed completely hopeless and they make an announcement and it shoots up, sometimes as more than 100% within minutes and then right back down the following day. One thing is almost sure in this and that is you never really know what to expect. But telling people that it is definately over based on some past bad experience is not a responsible thing to do.
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quote:Originally posted by dollar13: Ams if we don't see a pr by tomorrow do you think price will still coming down???
My picks and predictions are really bad on this one. I do think we'll see a red day tomorrow if there isn't a pr and I see no reason why they would put one out. There may be spikes where we see green, but it will steadily be dropping until they clarify the dilution rumor.
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quote:Originally posted by dollar13: i want to learn from people that is why i am here and don't laugh about my mistakes correct me and i will be grateful.
quote:Originally posted by dollar13: red volume bar= EOD pps below previous close green volume bar=EOD pps above previous close
i am not sure exactly what you are asking..
I understood you to say red volume bars could occur even though the day was dominated by buying pressure...yes?
green bars...don't see any, only red n black on my screen
originally, you said Friday had more buyers than sellers...seems counter-intuitive to me, so I wanted to know why you said that...
Tex, while you are on the topic could you set me straight on this subject. As I understand it, people are 'buying' on green ticks and 'selling' on red ticks, right?
And in reference to $'s statement, for instance, even though there are more red ticks in a day there could be some gap purchases so that the EOD could be green, right?
Given that MMs can get away with murder in pennies, I don't know how one knows for certain about any given transaction. In theory, an uptick (green) is a buy, a downtick (red) is a sell...simple Ask/Bid dynamics. But we know sometimes peeps get filled on buys between Bid/Ask, eh? Sometimes even at bid...
Also, MMs can hold orders and make out on the spread. Even Time/Sales not conclusive, except for obviously small MM blocs...
not sure what you mean by "gap purchases," sorry.
Overall, the volume bars are indicative of days dominated by buying (black) pressure (demand) or selling (red) pressure (supply). IMO, "red" days not necessarily for any given stock--volume is volume (interest).
btw, there's plenty of traders here better versed to address these questions--that's simply my take...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
Excellent description Tex. Sadly, the charts won't change what the MMs are doing. They can manipulate those charts very easily. While past performance may indicate a certain trend, they can change that trend with little effort. That's why so many think charts are worthless in the pennies. They naturally help, but they are not as accurate an indicator as they are on the big boards.
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quote:Originally posted by T e x: I replied to your "analysis," Eggie...
I said the Nigerian bank scam letters are full of highfalootin' language and twisted syntax as well as sense of urgency to cash in on available million$... no real difference here.
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
I guess I'm going to show my 'lack of paying attention' but, I don't have a clue who Alex is or how him being associated with a letter or post matters??
Eggie, eggie, eggie...talk about eggsasperating, lol...
worthashot posted, *then* re-posted:
quote:I replied to it egg. I replied that it was one heck of a coincidence that it is the same "Alex" that miraculously found that Nigerian article (the one that started this entire XKEM run) from 6/18/06 by mispelling "Nicosam" in his websearch (see ihub and pennnypickers posts form june 21st to confirm). I have real problems with him being fed info to share to us and lying about the sources. I am not a basher, but I am getting more skepticle every day about XKEM.
Listen, I want to clear my end up on this.
I do not have any opinion on Alex, I only asked who the heck he was? I said that "I did remember the misspelling' and that's it.
as far as the language usage post, I still am confident the writer was innocent in 'writing it' (in that I mean it wasn't an American, or English speaker in N.J. creating a fraudulent letter IMHO) and that's all.
I was falling asleep last night and dropped out before I could read this far.
I didn't want anyone to think I was sticking up, or arguing ANY opinion on the infamous 'Alex', in point of fact, I was showing my ignorance by admitting I had no idea how, or where, or what Alex had to do with any of this.
posted
It's not the MM's.. It is the fact that even though there were more buys than sells the volume was such that it warranted a down day... Why? Because it is supply vs demand If there is an excess of shares and demand is not enough to buy all those shares.. the price goes down. Blame it all on evil market makers if you want.. but that will only lead to an empty account.
-------------------- Spend word for word with me and I shall make your wit bankrupt
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posted
The mms dictate the trend most of the time. If they have a 100 orders for .10 and 100 orders for .08 and they want the trend to go down they can execute those orders in the order they want to manipulate the direction, thereby causing more sells and/or more buys. They can push the direction in any way they choose if the orders are coming in such a manner that would allow it. Simple facts prove they have the ability to push the stock one way or the other. Not saying it happens to every stock every day, but it definately does happen.
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quote:Originally posted by Relentless: It's not the MM's.. It is the fact that even though there were more buys than sells the volume was such that it warranted a down day... Why? Because it is supply vs demand If there is an excess of shares and demand is not enough to buy all those shares.. the price goes down. Blame it all on evil market makers if you want.. but that will only lead to an empty account.
I'm not saying "evil MMs" for the balance of a day...but I don't know any way to distinguish a given transaction; and let's face it, they play their little tricks. Can you distinguish a Joe Retail buy/sell on a given transaction?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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I haven't been able to find it, IT IS IN THE OLD THREAD, the news story about the 'Patent Drain', where people were actually at the State House, with the follow-up. the Presidents' or the 'Interior Minister' one of the Nigerian Big-wigs released a follow-up statement saying in essence 'I'm para-phrasing': "they were OK with this because in order to bring this 'Nigerian discovered medicine' to market they would need an outside firm with the resources, and ability to produce and deliver to people of Nigeria, and then the world (or market)". I have no ref.link. cannot locate now. It is in the old thread.
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posted
I can't tell youn about next week but in the month of July I exspect at 2 to 3 very good positivr pr's. Funny thing we know about this comoany now and some people in the medivcal business do but the word really is not out yet. By the end of july might be a different story.
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quote:Originally posted by money 76: guys did u check this was on the newspaper today in nigeria . i think this is not posted by anyone imo .Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
I am probably way behind on this, and should just keep reading but, Alas, I am the Egg...LOL
did Money ever provide the link for the above article??
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quote:Originally posted by Purl Gurl: "Historically, a similar remedy was mentioned in the book titled “Iwosan” published by the late Dr. Odumosu at the turn of the century. However, the modern day origin of what later became patented as NIPRISAN was due to the late Rev. Paul Ogunyale, then Pastor of the First Baptist Church in Ibadan, Oyo State, Nigeria, who brought the attention of Prof. Charles Wambebe, former Director General, NIPRD in late 1992 to a herbal recipe of the drug."
____
This herbal mixture was not discovered nor developed by Pandey. This mixture has been in existence for close to one-hundred years.
Why the need to spend tens of millions of dollars on this?
How much money is being paid to Nigeria? How much money is being paid to Ogunyale? How much harm was caused to Nigeria by Xechem taking away the jobs of thousands?
Why was the original deal so closely guarded in secrecy? Why the public uproar and subsequent authoritarian intervention?
What deals have been cut behind closed doors?
Purl Gurl
no bashing here. just a comment:
**How much money is being paid to Nigeria?
**How much harm was caused to Nigeria by Xechem taking away the jobs of thousands?
the factory is being built in Nigeria, produced by Nigerians, supplied to the world from Nigeria
I would guess Nigerians would be working there. Nigerians would be paying income tax to Nigeria. I think it is safe to assume Xechem would pay (besides any royalty deal) corporate taxes, business taxes etc..
Purl, you do know they are producing NICOSAN in Nigeria, right?
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quote:The simplest way to detect MMM in your company’s stock is to have one or more of your administrative personnel monitor the stock-chat message boards for comments or complaints about trading of it. Only unusual commentary or atypical stock price or volume activity would be cause to investigate further. We recommend monitoring trading in your company’s stock on L2 when posting activity increases, stock price or volume behavior is atypical, or a large number of complaints are detected on the stock-chat message boards. The level of sophistication can often be determined by reviewing the aliases’ posting history, a feature available on both Raging Bull and Yahoo! Finance stock-chat message boards. Finally, you should not respond directly to stock-chat message-board complaints because, as a company insider, you may violate the SEC’s Regulation FD (Fair Disclosure).
-------------------- COMMUNICATION CAUSES LEARNING!!!!!
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quote:Originally posted by Relentless: It's not the MM's.. It is the fact that even though there were more buys than sells the volume was such that it warranted a down day... Why? Because it is supply vs demand If there is an excess of shares and demand is not enough to buy all those shares.. the price goes down. Blame it all on evil market makers if you want.. but that will only lead to an empty account.
I'm not saying "evil MMs" for the balance of a day...but I don't know any way to distinguish a given transaction; and let's face it, they play their little tricks. Can you distinguish a Joe Retail buy/sell on a given transaction?
Hits on the ask are buys and hits on the bid are sells.. Yes there are games, but nothing like what pennyland rumors them to be. This whole MM conspiracy was a tactic for pumpers a long time ago to keep people buying and keep holders holding so the company could dump all the shares they could at elevated prices. It has since turned into common knowledge for most in pennyland because few if any actually think about the dynamics of the situation. MM's don't care about pinksheets companies.. this is not where they make their money. When you or I sell our shares of ABCD at .05.. they are the ones buying those shares from us... They have no choice but to hold those shares untill one of us buys them back from them.. If volume dries up and supply/demand switches to supply side bias, the price drops because they have to keep the market liquid...As those prices drop the MM's lose money... forever because in all probability that company will never again rise to those lofty prices... Market makers play some games.. no doubt. But when it comes to duping us out of our money like is suggested on this and every other message board.. It just does not happen.
-------------------- Spend word for word with me and I shall make your wit bankrupt
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This leads me to wonder, there have been a high percentage of days in the past few weeks that XKEM stock dropped quickly in the morning and then recover (for the most part) by the EOD. Does this smell of the MM's short-selling?
And also could the MM's have been responsible for what happenned on Thurs. 7-6 by them Naked Short-Selling?
After all this was one of the top volume trading stocks for a couple of weeks there.
posted
You don't give them near the credit they deserve formanipulating the minute by minute exchange of stocks and the pps represented relentless. You have a basic idea of what is goingon, but you miss the subtle way they nearly always make money. Part of the explanation would be when you put in an order to buy at .10 and the bid is .098 and ask is .102. You may not get filled if they want the pps to rise to .104 or more and you see the dynamics change immediately. They may have 100 orders between the bid and ask showing with even more people willing to sell at the .10. They hold those orders until they get some buyers willing to pay the .102 or .104. They aren't buying as many orders as they are matching them. Thius is manipulation. And they do it constantly. When they have the fills at the higher level they will turn around and do the same thing in the other direction so the can load up only to later take it in the other direction. Wake up and realize that they do in fact have lots of control over the immediate pps. When news breaks or something causes the stock to become very popular, they still work their magic, it's just a lot harder to tell.
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Amswap, thank you kindly for the condescending tone.. but I've been watching the market for more than a minute. There are some games they play to keep the market liquid while still trying to run a profitable business... They do not manipulate the market though... they keep it liquid. At some point market makers will be out of business, and when that happens, these same scam stocks will react just like they are now.. and poor little pumpers will have to find someone else to blame.
-------------------- Spend word for word with me and I shall make your wit bankrupt
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