posted
I would like to relate to you a recent big banker that I made are youi fimiliar with ndol. I was in it when it was bio tracking before the reverse merger take over and reverse stock split dd the crap out of that stock after the r/s I was in it 24cents a share Things did not work out as planned it went to 4 cents a share I held thrur worse than this in three months ever thing turned around and I sold for $1.26 per share. The genious who were calling me a bag holder and having a real field day who sold with just a little loss were not laughing at me any more
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posted
Well, I am actually a believer and I stayed until the high 5's - I think I, along with the other believers, will start buying back in. Once the crew gets back from Nigeria and start putting out PRs, I think you will see this one go back up. Unless it is a complete scam, which I just don't believe.....
-------------------- Study before you buy, Sell before you think about it....
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------------------------------------------------------- Data as of 7/12/2006 4:00:00 PM
MOST ACTIVE
NYSEAMEXNASDAQBulletin Board Largest % Price GainLargest % Price LossLargest Net Price GainLargest Net Price Loss52-Week Highs by % Price Gain52-Week Lows by % Price LossMost ActiveMost Active by Dollars TradedMost Active by Price UpMost Active by Price Down
Symbol Company Name Price Change % Change Volume Dollars Traded Go To
#3 NEXH Nexia Hldgs Inc 0.0004 +0.0001 33.33% 142,813,999 57,126 ------------------------------------------------------- Data as of 7/12/2006 4:05:00 PM
MOST ACTIVE BY DOLLARS
NYSEAMEXNASDAQBulletin Board Largest % Price GainLargest % Price LossLargest Net Price GainLargest Net Price Loss52-Week Highs by % Price Gain52-Week Lows by % Price LossMost ActiveMost Active by Dollars TradedMost Active by Price UpMost Active by Price Down
Symbol Company Name Price Change % Change Volume Dollars Traded Go To
#1 PGRI Platinum Energy Reso... 7.20 UNCH UNCH 1,393,130 10,030,536
#2 CWPC Canwest Pete Corp 4.96 -0.37 -6.94% 1,513,665 7,507,778
#3 CHDT China Direct Trading... 0.183 +0.01 5.78% 39,357,852 7,202,487
quote:Originally posted by bond006: 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
very valid point Bond...."offered no solution"
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posted
I was on the phone egg what can i do to help you if any of thease good folks think I am selling now they are nuts and if they are coming around to say I told you so I will put them on ignore if they say I may have a solulition for you fine we would listen and be grateful
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I just spoke with a top XKEM executive for 20 minutes about the company prospects - near and long term.
It was a very reassuring conversation. He said he didn't understand the run up to 11 or the current crash. He said he wasn't concerned with the markets and the company was focused on getting this drug out to everyone that needs it.
I told him that I thought the run was based on the 500 million dollar revenue projection from a nigerian article quoting Dr. Pandey that's been circulating around the web. He wasn't aware of that projection and said that the company hasn't formally released revenue projections yet. But I threw out some numbers based on the 500 million dollar projection that he said were definitely in the ballpark.
He said that the current share count was more like 1.4 billion with more shares to be converted. He said that the major concern of the company was to keep up with demand. They are trying to avoid shortages that would cause someone to start the drug and then lose access to it and have an SCD crises.
He said that the ramp up to meeting full demand wasn't very far off (within months) and the company foresees eventually treating at least a million nigerians with a daily dose of Nicosan. He said that they are working to formulate a revenue update that will be released perhaps within the next week.
-------------------- The difference between genius and stupidity is that genius has its limits
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Posted by: jranalyst In reply to: None Date:7/12/2006 5:44:00 PM Post #of 24718
50 Month Moving Average (7 year chart) is .052, which happens to be just about half way between the bottom .01 of the current run up and the top at .11. Interesting to see other run ups past three years came back down more than half way, but ended about half way down prior to next peak cycle beginning. I expect we will go to 50 day moving average of .03 and test it, but we may go as low as .025 support before a green day. These MMs are very aggressive. I know we should have sold at .11, but have to deal with now. This is gut wrenching, so that is the time to buy. When you celebrate with champagne, its time to sell. That may take a couple of weeks of being oversold, and learning this launch was real. Chassman got warrants for .02, so if we go that low, always good to get the same price as the financier. all imho. Anyone with different opinion, glad to consider it.
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posted
I would like to tell the XKEM " no longs" here than i have a very interest in this company even if goes to 0.00001 off course that wont happen and if it does i don't care i will still holding my shares until the end, i got my dd for this company and i am sure it will come back from the bottom easy.
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posted
Hi all before I go we are not alone with still being here. I know there are some of you who don't like this guy but he is an experienced investor him and his large family and close friends own over 50 million shares of xkem a lot of them on his word so you can see how he must feel on this subject. He admitts he made the same mistake we did and here is his take on the sittuation a re post
Posted by: bigdaddyc25 In reply to: None Date:7/12/2006 6:41:58 PM Post #of 24806
Need to go work out before I blow a fuse.
I belive we have bottomed here. I feel stupid, that I hung on to all of these shares all the way to the bottom. Lesson learned for next time on profit taking, when their are profits to be taken.
I believe we turn around tomorrow and close over $0.04. A couple of PR's next week, and we could be back in the $0.07's. It is just so damn hard to stay positive after an ass kicking like the one we just got. I feel num.
quote:Originally posted by bond006: I was on the phone egg what can i do to help you if any of thease good folks think I am selling now they are nuts and if they are coming around to say I told you so I will put them on ignore if they say I may have a solulition for you fine we would listen and be grateful
quote:Originally posted by Blue Marlin': Egg, one question....Do you have a conscience?
of course I do..
I am not some cold ruthless trader. I am the father of 2 teenagers. I work everyday. I help run a family business besides my 9 to 5 all the money I have to risk is in this market, spread over 17 positions, and it's probably less than most have in this one play.
do I have a concious?.......... not only do I, I probably have more to lose here than most, in that, if this fails, it's 35% of my lifes savings. I am no fool. I believe what I am saying and am backing it with "money where my mouth is".
please, don't make assumptions, before you get to know someone.
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posted
I am still holding my position and am considering buying more at this level as well. Was away from the computer today and could'nt post till now but some of us are still here with you.
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posted
Most of the penny stocks drop like a rock right after they get to the top and the VOLUME DECREASE BIG TIME good for day trader. Look XKEM 5 day droping and the volume high every day what does that tell you.
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that is AWESOME Bond...I feel much better. you know I've been looking more and more at Inst. Buys. they don't muck around and take chances. unless they are very aggressive hedge funds, they don't assume very much risk.
this is a great sign for XKEM. better than most will give it credit for, IMHO
-INSTITUTIONAL BUYING- quick facts from today and the past month:
AAPL (Apple) 8% TODAY / 15% MONTH AVG.
MSFT ( Microsoft) 23% TODAY / 35% MONTH
HD (Home Depot) 9% MONTH
GE (General Electric) 14% TODAY / 11% MONTH
T (A T & T) 18% TODAY / 21% MONTH
Basically, Xechem, and it's main medication NICOSAN were thought of highly enough today that 'Long Term Investors put their money in, on equal terms with Apple (AAPL), and nearly equal to Home Depot(HD).
the only other explanation would be that the rumor of a big Pharm. company is buying up shares is true. that would be in the Inst'l category
either way, good news for those still holding XKEM shares, IMHO.
see for yourself. (confirm all numbers above-from 7/12/06)
------------------------------------------------- do your own DD, make your own decisions GLTA -------------------------------------------------
INSTITUTIONAL BUYING, by definition:
Institutional - A trade reported by a major brokerage firm which typically trades on behalf of major mutual funds/portfolio managers. While these firms also have retail branches, the amount of trades reported on behalf of institutional investors dwarfs the limited amount of retail trades that are reported. Additionally, institutional broker/dealers often maintain internal house trading accounts as "market makers." When these firms report their activity, it is impossible to determine whether the trades were executed on behalf of an institutional client or for the firm's own house trading accounts. While trading patterns for institutional clients and house accounts tend to differ, the fact that "Big Money" is behind the trades means that these investors/traders have the ability to move markets.
Retail - A trade reported by a broker that primarily executes on behalf of retail investors such as Charles Schwab's Mayer Schweitzer.
Non I-Watch - This portion of the chart refers to trades not reported over Thomson's proprietary communications network. Broker participation is voluntary, so it is rare that all trading volume is accounted for. These trades can be related to either institutional or retail trading. The ability to compare today's activity to prior 30-day average lets you know if today's activity, specifically the breakdown between Institutional and Retail, is "unusual" relative to the rolling 30-day average.
----------------------------------------------------------after this post, I'm headed home.
Good night, Good luck, and Good news tomorrow.
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