posted
I got out of this with the last PR. XKEM has a lot of potential, but further down the road. I'll look to get back in when the situation looks a little more interesting.
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Posted by: Arrow335 In reply to: None Date:8/23/2006 11:19:57 AM Post #of 39993
I'm not making any predictions but I did talk to Steve Burg yesterday. He told me bank officials have visited the facilities and all the paper work has been completed for both banks, UBS and Nexim bank of Nigeria.
He said news could be anytime, very soon. I said you've (SB) have been telling me that since May. His response was just hold on, it could happen anyday much sooner than later. From our conversation I "think" we will get a Pr announcing a loan from Nexim Nigeria bank first. Followed by Pr for loan from USB.
I told him I'm bleeding red all over the place with this stock and he repeatedly told to me just hang on. During one of these exchanges he said they will have several things coming out. I'm assuming several Pr's. My thought is Sept is the Season for stocks in general, maybe the company is waiting for maximum exposure and will start a Pr campaign in September? Hope so....
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If all the paperwork has been completed, doesn't that mean they'd have the money? and if so, what is their obligation to report/pr it?
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Not till everything is complete...unfortunately.. All loose ends ...
quote:Originally posted by GreenDay: If all the paperwork has been completed, doesn't that mean they'd have the money? and if so, what is their obligation to report/pr it?
posted
Watch it break support at.02 soon.. there is NOTHING that can hold its steady daily decline... THEY HAVE NOTHING NEW TO REPORT FOR 1/2 TO 1 YEAR FROM NOW!
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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Schwabie, there are two loans that will be approved shortly...with these loan approvals they will gaurantee the completion of the full scale production facility...with this they will be able to meet the demand for the drug...if you don't think that will reverse the pps then I don't know what to say...imo many investors are waiting on the sidelines for these loans...good luck getting your shares under .02 after the loan approval...there is a possibility of a drop below .02 if the loans are delayed, but when the approvals come we will see a very nice spike in the pps...
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quote:Originally posted by Schwabie: Watch it break support at.02 soon.. there is NOTHING that can hold its steady daily decline... THEY HAVE NOTHING NEW TO REPORT FOR 1/2 TO 1 YEAR FROM NOW!
Remember P & D are never good for a stock... after it passes stock may go lower faster than originally intended in a shorter period of time. In other words.... more bag holders.
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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Don't get me wrong... I like this stock and I WILL purchase it once everything is in motion. But till then... I will leave it alone. I only own 50,000 shares
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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By: pfrenz 25 Aug 2006, 02:12 PM EDT Msg. 97320 of 97322 Jump to msg. # A very good repost regarding XKEM short positions, or LACK of it....
Well at least we know the market is afraid of shorting XKEM at this level...... That is a very good sign!
XKEM: Short Interest DN 97.1% to 33.4K in Aug 2006
Thursday , August 24, 2006 17:27 ET
According to new short interest data from OTCBB.com, short interest for Xechem International Inc (OTCBB: XKEM) DECREASED 97.1% to 33,361 shares for the month ended mid-August, 2006.
SYMBOL JULY AUGUST CHANGE %CHANGE DAYS/COVER -------- ------------- ------------- ------------- ------------ ---------- XKEM 1,137,139 33,361 -1,103,778 -97.07% 1 Based on XKEM's 20-day average daily share volume of 37,474,260, it would require approximately 1 day(s) of buying to cover this short interest.
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posted
shaker will take some off the table, but will still try to run it. this is still being pumped from many sources. he's not the only one. people want .04 out of this..
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