posted
Right now some body wants shares I don't know who or for what reason and there is only one place to get them and they certainly are getting the job done. Look at the volume and look at the pps. Once they get the shares they can do anything they want with the pps
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quote:Originally posted by bond006: Right now some body wants shares I don't know who or for what reason and there is only one place to get them and they certainly are getting the job done. Look at the volume and look at the pps. Once they get the shares they can do anything they want with the pps
quote:Originally posted by phone_man: Anyone thinking this will drop down to the low to mid .03's by end of day?
Don't know if it will get there today, but it will get there......029- would be a good entry....on the other hand it may just sit there for a bit...There may also be a couple chances to flip this....I'm stayen out untill the MM's are done with the raping.
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Phone man yes I do I think the threes are our bottom and then we bounce. Over 800 million shares were given to the MMs over the last six days this will stop when they can't get anymore then they most likly keep it in a trading range looks like they won this round anyway.
I have a question about the 800 mil shares, are you saying that the MM's now control 2/3's of the float? TIA
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River Rat right choice of words raping they don't have a number in mind they just plain aren't going to stop until they can't get no more and there was a big float on this baby after they get most of it the only way you will make money is to flip in there range
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posted
repsag It looks that way only they know for sure but I know people that have ways to come about that and it still is not a 100% science
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You find there range by watching the trading every day and reading charts thats what purl girl was trying to get across to us that the MMs were going to make this move. I missed it this time because I fell in love with the stock I broke rule number one but I am still going to make good money with this it will take me longer now
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Phone man you are right they will make a killing on the way up and they will buy on the way down to a new levle. On this stock it was sub pennies and .01s now this level looks like the .03's you never know though
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I have been surfing other Msg boards, just to get a feel for this from some other points of view. there are many defenders, holding strong, and many detractors crying, "get out stupid!"
IMHO there is only 1 thing that matters. as said by some solid people here, "I can't get caught up in the hype", the same sentiment is everywhere. there are a lot of rumors also. the one I like the best, or would wish were true, started early this morning based on QUIN buying frenzy yesterday.
the rumor: "a big-name Pharmaceutical is buying thru QUIN. accumulating cheap shares." of course this is only a rumor, with no substantiation
back to that "1 thing" IMO.
the only thing that REALLY matters is:
1. will NICOSAN work?
will it do what it's company claims it can do?
There is another worry, and this I will call the only real 'players concern'IMHO:
2. will Xechem dilute? or is there a split coming that will be unfavorable to the shareholders?
other than that it is all semantics, in this Eggs opinion....
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Its possible they keep shaking the tree and more nuts fall. They also timed this right all the management are in Nigeria getting Necessary things done if you haven't bailed out IMHO now is not the time wait for it to turn around it will this is just a gut wrencher at the moment.and it could get a litte rougher come friday I will talk to Steve I love the man but he could not sell water in the desert This my opinion only
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it is not a good time for me to get out, they sinking this day by day i wonder why mm didn't bring down the price to the bottom in one day or two would it be less painful, and yes i will take me longer to get out now.
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I have decided to just ride this out, I don't have much money value invest it. Only have 26k shares, im tired of been somewhat nervous seeing the price go down and down. I'm just gonna sit back if it really tanks hard before ever making a recovery it would give alot of people more chances to get in really really cheap shares and I will be one of those person. GLTA
posted
Hay I am in the tree fella I haven't been in this mess in years but I am not going to let it get to me. If I have to sell I will alittle at a time but it always turns .Don't ever let thease people hear get to you they should have been giving you advice in a friendly fashion instead of trying to teach thru intimidation if they really wanted to give advice. But I tell you it was just there ego's has any one of them offered a solution the answer is no
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if you are still in.....IMHO you are nutz to walk now....
as earlier stated by peaser or Bond, (I think) "have an in $ amount and an out $ amount, stick to it. anyone bailing on this should've bailed when it went thru the .06' IMO. once we strapped in in the .05's it was "light this candle". the decent profit is gone, "let see where this takes us".
I committed to stay, that's it period. several others here committed to make $ on it and move in and out. I know them, they stuck to their plan, I think all have been out 2 cents ago. I can respect that, I'm sure they can respect my opinion.
let's quit belly aching and commit to the 'long', if that has been your plan.
all others....your just driving yourselves CRAZY!
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Right on egg this will turn around if you doubt yourself remember your dd and think of what is coming up. Fundamentals look real positve for next week hang in there if you sell now you loose and if you see it go up 2 or 3 cents next week you will feel sick on top of it
quote:Originally posted by Egg Inspector: I have been surfing other Msg boards, just to get a feel for this from some other points of view. there are many defenders, holding strong, and many detractors crying, "get out stupid!"
IMHO there is only 1 thing that matters. as said by some solid people here, "I can't get caught up in the hype", the same sentiment is everywhere. there are a lot of rumors also. the one I like the best, or would wish were true, started early this morning based on QUIN buying frenzy yesterday.
the rumor: "a big-name Pharmaceutical is buying thru QUIN. accumulating cheap shares." of course this is only a rumor, with no substantiation
back to that "1 thing" IMO.
the only thing that REALLY matters is:
1. will NICOSAN work?
will it do what it's company claims it can do?
There is another worry, and this I will call the only real 'players concern'IMHO:
2. will Xechem dilute? or is there a split coming that will be unfavorable to the shareholders?
other than that it is all semantics, in this Eggs opinion....
------------------------------------------------------ an excerpt form own own E4, that makes a simple, yet significant point.
(not out of context) check it, pg.10 of this thread
quote:E440 Member Member Rated: posted 09 July, 2006 12:17 ------------------------------------------------- Before I got this stock I researched it as most here have done. I made a list of pros and cons.
Two of the biggest cons were: A) It is in Nigeria. B) The financial backers.
Using the examples about the two companies is where the flaw comes in. First, both companies are fairly new. Secondly, the IPO is always high and then the stock will trend down and at some point, stabilize.
The IPO was high and then, once the company expanded the stock stabilized.
There are plenty of examples of other stocks like this to be found.
There are also plenty of examples of stocks that had a high IPO, elevated, and then dropped like a stone.
The future of this stock and company is very simple. If they can produce the drug and sell it, everything will take care of itself. If they cannot, this stock will be a sub-penny stock by the end of the year.
The future of this stock and company is very simple. If they can produce the drug and sell it, everything will take care of itself. If they cannot, this stock will be a sub-penny stock by the end of the year
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