We sit AT the 40 DMA right now and above the 50 DMA.
I see this as a good sign. Institutions would not invest unless they had good amount of confidence in the company. This shows me that other companies have noticed XKEM and are starting to get into this for the coming climb. I feel very confident in the current price considering it is still above the 50 DMA and is possibly just making a routine correction.
Date Inst. Buying Volume Price $$ Inst. buying #Shares
7/12 Wed ( 8% of 190,149,472) x .033 = $501,994.60 15,211,957
7/13 Thur. ( 6% of 178,816,800) x .0369 = $395,900.40 10,729,008
7/14 Fri. ( 7% of 136,294,592) x .0445 = $424,557.65 9,540,621
7/17 Mon ( 8% of 113,439,622) x .05 = $453,758.49 9,075,169
7/18 Tues (12% of 82,109,184) x .0385 = $379,344.43 9,853,102
5 Day Total = $2,155,555.57 : 54,409,857
Does any one find this to be as positive of a move in the numbers and charts as I do? The PPS has only touched the 50 DMA once since June 2nd, and it bounced off it on July 13th. This looks positve to me, like we might be able to keep above the 50 DMA for a longer timeframe, hence slow but steady climb over the many weeks, with much fluctuation during the individual weeks.
With 2 Million invested by the institutions, I plan to hold these free shares for the long term, since I don't see any reason at this point to jump ship.
-------------------- COMMUNICATION CAUSES LEARNING!!!!!
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Me too I have free shares in and I am holding just think so far the only company in the world that has a treatment for scd. And that is no bull
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Extended Hours: Last 0.00 Change 0.00 -- Bid 0.031 x30,000 Ask 0.05 x25,000 Extended Hours Real Time ECN Quote (INET) July 26, 2005 Last Price Today's Change Bid size Ask size Volume Trade 0.042 +0.0035 (+9.09%) 0.0415 x5,000 0.042 x5,000 60,598,653
Open 0.037 Previous Close 0.0385 Day's Range 0.034 - 0.0439 52 - Week Range 0.0011 - 0.495 3/16/06 - 7/10/06 Avg Volume (10 days) 168,978,528 Price / Earnings (TTM) 0.0x Earnings Per Share (TTM) -0.01 Market Cap 37.0 M Shares Outstanding 882.0 M Beta 1.0 Declared Dividend 0.00 Dividend Yield 0.00% Ex-Dividend Date -- Dividend Payable Date --
OTC BB Real time Quote: 3:59 PM ET 7/19/06Hide ECN Quote 1 Day | 5 Days | 3 Month | 1 Year | 5 Years Alert me when XKEM reaches: Add to Watchlist Historical Quote
Headlines July 12, 2006 All | Latest Headlines | News Wires
7:10 am Stock Trading Alert for Wednesday, July 12th Market Wire eLocity's stocks to watch for today are -- DC Brands International, Inc. (PINKSHEETS: DCBI), HiEnergy Technologies, Inc. (OTCBB: HIET), Xechem International, Inc. (OTCBB: XKEM), Grant Life Sciences, Inc. (OTCBB: GLIF): Headlines July 11, 2006
10:02 am Morning Stock Focus List for Tuesday, July 11, 2006: Exclusive Worldwide Rights to Market and Sell NICOSAN! Market Wire ************* names the following stocks to its Stock Focus List: Xechem International Inc. (OTCBB: XKEM), Sun Microsystems, Inc. (NASDAQ: SUNW), Escala Group (NASDAQ: ESCL), Websense, Inc. (NASDAQ: WBSN). 9:56 am ************* Posts Stock Pick List: Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug! Market Wire ************* names the following stocks to its Stock Pick List: Xechem International Inc. (OTCBB: XKEM), Valentis, Inc. (NASDAQ: VLTS), SIRIUS Satellite Radio (NASDAQ: SIRI), JDSU (NASDAQ: JDSU). 6:30 am Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug, NICOSAN(TM), in Nigeria Business Wire Xechem International, Inc. (OTC BB:XKEM). Xechem International joins in congratulating its subsidiary, Xechem Pharmaceuticals Nigeria, on the successful launch of its new Sickle Cell drug, NICOSAN(TM), at a ceremony held on July 6th at Xechem Park, SHESTCO Complex, Abuja, Nigeria. The launching c ...
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Sorry if someone already posted this. No mention of xkem but still... Stronger governments key for Africa, Clinton says
By Associated Press | July 18, 2006
ABUJA, Nigeria -- Former President Clinton urged African leaders yesterday to strengthen their governments so that they can address long-standing problems of hunger and disease. Article Tools Clinton spoke at a summit bringing African political and business leaders together with their US counterparts in search of partnerships to lift the world's poorest continent.
``We can't stop the spread of AIDS without building the capacity of government," Clinton said.
Presidents from more than a dozen African countries are in the Nigerian capital of Abuja with executives from companies including Chevron Corp., Coca-Cola Co., General Motors, and DaimlerChrysler AG at the seventh Leon Sullivan Summit. The meeting takes its name from a US civil rights campaigner who worked to get black Americans to share their wealth and experiencewith Africa. http://www.boston.com/business/globe/articles/2006/07/18/stronger_governments_ke y_for_africa_clinton_says/
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quote:Originally posted by dollar13: so INSTITUTIONAL COMP. still buying that is the reason i still holding my shares.
could be a reason for the move up on low volume, so far monday 8& tues 12 % today 9%...eating away at the float possibly, especially while its down
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XKEM should go up at 0.2 next month easy.I don't know about president Clinton mettings in NIGERIA, if have anything to do with NICOSAN production.
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I have a dumb question for anyone that can answer. If all this institutional buying is going on, why hasnt the price moved up very much? It tank a few days ago. Shouldnt it be steadly increasing?
-------------------- I'd just like to retire at 26.
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quote:Originally posted by chevon2020: I have a dumb question for anyone that can answer. If all this institutional buying is going on, why hasnt the price moved up very much? It tank a few days ago. Shouldnt it be steadly increasing?
IT IS CALL PANIC SELLERS THAT IS THE REASON WE STILL HERE AT THIS PRICE.
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Maybe, someone suggested that they are buying and selling. It does make for a good flip, if you can get in and out at the right times, which I suck at. Do you guys think that's possible?
-------------------- I'd just like to retire at 26.
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